Benefits Administration

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PRODUCT SUMMARY

Paychex Benefits Administration is a Web-based solution that provides complete administrative oversight and control, including “real-time” data

management and “point-in-time” history. Managed by BeneTrac, a Paychex company, options include established connections to major benefit carriers. A powerful rules engine instantly determines plan eligibility, based on employee profiles and life-event changes. Standard and custom reporting is comprehensive, flexible, and easy to use. Individual and group communications and correspondence letters are automatically generated and tracked. Additional options include employee self-service, and automated carrier bill reconciliation.

HIGHLIGHTS

✓ Administrative Access and Control Leverage complete administrative visibility and control over comprehensive benefits data and processes, including up-to-the-minute status and eligibility changes.

✓ Automated Eligibility and Effective Dates Determine eligibility and effective dates automatically, saving administrative labor time and increasing data accuracy and timeliness.

✓ Historical Detail View accurate records that show complete point-in-time historical detail.

✓ Carrier Connectivity Options Take advantage of established data-sharing relationships with major benefit carriers, allowing for highly efficient and accurate data management.

✓ Billing Audit Tools Always know exactly who is paying for what, and ensure that you never pay for inaccurate invoice charges that are difficult to identify.

✓ Outstanding Reporting Leverage easy-to-use reporting tools providing data views that are both comprehensive and detailed. Drill down into interactive records and track group and individual profiles and communications.

REAL-TIME DATA

•Accurate moment-in-time data• Definitive eligibility, enrollment, status,

billing, etc.•Complete “snapshot in time” history

ELIGIBILITY

•Instant and accurate eligibility status•Instant life-event status changes

COMMUNICATIONS CENTER

•Identify defined individuals and groups• Generate custom and standard

correspondence•Manage and track communications

OPEN ENROLLMENT OPTION

•Simple and user friendly•Employee online chat support•Presentation based on eligibility•Proof of presentation•Print-ready pending selections•Elections by electronic signature•User audit trails

REPORTING

•Comprehensive access to real-time data•Standard report templates•Easy custom report creation•Drill-down data links•Multiple output formats (.pdf, .csv)

CARRIER CONNECTIONS

•Established connections to major carriers•Fully managed implementation process

COST CONTROLS

•Always know who pays what•Reconciliation service option

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Paychex One-Source SolutionsOne Partner, One Solution.

Key Features

1-800-322-7292www.paychex .com