Enrollment & Eligibility
Vantage Benefits leverages technology to accurately, safely and efficiently manage enrollment data.
Vantage Benefits offers a Web-based enrollment solution that automates and simplifies the benefits communication and enrollment process. This gives employees a personalized, point-and-click enrollment experience in a centralized, online environment. The data collected by this process can be uploaded to your payroll systems, without the hassle of data entry, and allows for electronic data transmission to your carriers and vendors.
Online Enrollment Solutions
A recent survey indicates that HR self-service applications cut the cost of HR transactions by 52 percent and reduced transaction cycle time by 62 percent. This same survey indicates that employee satisfaction is increased when benefits are automated and a return on investment can be achieved in as little as 18 months. (Source: Sixth annual Cedar 2003 Work force Technology survey)
With a user-friendly design, and point-and-click functionality, employees have the tools they need to:
- Learn about their personalized benefit plan options or check on current coverage
- Preview their own contributions and their employer's contributions to their benefit programs
- Enroll for benefits, with 24/7 access, from home or work
- Update their personal and dependent information
- Receive online and/or live customer service support
To accommodate employees and employers with limited or no Internet access, Vantage Benefits web-based enrollment system can be used in conjunction with a paper-based enrollment process.
ELIGIBILITY ADMINISTRATION
Processing enrollment is just the first step. VBA also manages the enrollment data collected on an ongoing basis. VBA's Administration System, streamlines data automation and improves scalability for electronically transmitting enrollment and eligibility data.
Components of VBA's administration system include:
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Data Center
A robust Data Center used to store and process demographic and election information for electronic transmission and reporting.
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Data Transformation and Processing Center
Mapping and conversion tools used to process inbound and outbound data to communicate with carriers, payroll and HR systems.
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Compare Management System
Application for creating, managing, calculating and executing delta change files.
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File Scheduler
Maintains transformation schedule and automates the execution of all outbound data files and reports.
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Reports
Employee demographic and election reporting tool that offers customized, scheduled reports for both internal and external purposes.