Employee Benefits Administration
The VISICOR Benefits Administration Team and our benefits administration systems eliminate the traditional headaches associated with benefits administration so that you can offer the best plans and best carrier options without administration concerns.
Your current broker or consultant is getting paid on a monthly basis by either commissions built into your insurance products or directly by your organization with a fee for service arrangement. Regardless of how they are getting paid, they are receiving money on a monthly basis and most likely, are being paid very well. The question is, what are they doing on a monthly basis to earn the money you are paying them (either directly or in-directly)? At VISICOR, we have a different approach. We understand what our role is and we are going to earn your business EVERY month…not just at renewal time.
The VISICOR team becomes your Human Resources partner, not just another vendor. We are an extension of your executive team but without the cost associated with hiring, training, and managing additional staff members. Here are some of the benefits administration services enjoyed by VISICOR clients:
Custom Employee Benefits Binder – Updated annually, this binder will include the following:
- A DVD with copies of all forms, summary plan descriptions, contracts, reports, etc.
- Printed copy of all post enrollment reports
- Printed signature ready copy of all Section 125, Cobra, and other required compliance forms
- Printed copy of all Section 125 election forms
VISICOR will directly handle the following administrative functions
- Reviewing for accuracy and preparation of all final plan documents
- Process all employee related questions throughout the plan year providing them a single contact source for all available benefits
- Assist employees with any and all claim issues
- Process all employer related questions and billing issues
- New employee education meetings
- Monthly plan reporting and analysis along with quarterly management meetings
- Employee and employer communications regarding legislative changes, carrier changes, compliance regulations, etc.
- And More!
At VISICOR, we have a passion for providing excellent customer service and demonstrate this on a daily basis. Instead of your executive staff and employees trying to maintain contact information with multiple carriers, everything will be handled directly by or through the VISICOR team providing a single source administration contact. Become a VISICOR client and our team will exceed all of your benefits administration expectations.