Benefitfocus Rapid Financial Business Case Tool

December 5, 2014 - ROI Tools O153

Nucleus Research analysts found that organizations using Benefitfocus were able to reduce the costs and risk of errors in benefits administration. The company gives organizations tools to automate eligibility verifications, standardize plan enrollment, centralize and facilitate enrollment communications, and optimize employer plan contribution costs. The solution modules replace manual processes or automated enrollment systems and give customers visibility into the cost of plan administration. Additional benefits include increased employee productivity from benefits administrators to end-users, particularly during open enrollment, and reduced materials costs for mailing out benefits eligibility and enrollment documents.