As a benefits consultants, a top priority is to deliver innovative solutions that streamline processes and provide value to your clients. SureCo's Enrollment Platform offers a powerful toolset for managing Individual Coverage Health Reimbursement Arrangements (ICHRAs) for groups of 250+ employees effectively. Discover the essential features of SureCo's Enrollment Platform that can elevate your ICHRA administration and give you a competitive edge.
1. Seamless Integrations with HRIS and Payroll Systems
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One of the standout features of SureCo's Enrollment Platform is its ability to integrate seamlessly with top HRIS and payroll systems. This integration is a crucial time-saver for HR teams and benefits administrators.
Here's why it matters:
- Automated Data Sync: The platform's API calls ensure that employee information is always up-to-date across all systems.
- Streamlined Contributions: Pre-tax ICHRA contributions are effortlessly deducted via payroll—no expense reports or reimbursements required.
- Reduced Administrative Burden: With automated integrations, HR teams can focus on strategic initiatives rather than manual data entry.
2. Intuitive Employee Plan Selection Interface
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SureCo's Enrollment Platform puts the power of choice in employees' hands while making the selection process straightforward and informative, and dare we say, fun! This feature is particularly beneficial for benefits consultants looking to enhance the employee experience:
- Comprehensive Plan Comparison: Employees can easily compare plans by type, cost, in-network providers, and more.
- Personalized Recommendations: The platform helps employees find plans that best fit their individual needs and preferences.
- Simplified Enrollment: With just a few clicks, employees can enroll in their chosen plan, reducing confusion and streamlining the process.
- Medicare Education and Reimbursement: Medicare Parts A & B or C can be integrated with an ICHRA and can provide a significant savings both to clients and their employees. SureCo's platform walks your clients' Medicare-eligible employees through the process and reduces the administrative burden on HR teams.
- Ancillary Benefits: A wide range of voluntary coverage options, such as dental, vision, life insurance, and disability insurance, are now available alongside health plans via API integrations.
3. Advanced Compliance and Reporting Tools
Ensuring ACA compliance and maintaining accurate records are critical aspects of ICHRA management. SureCo's Enrollment Platform excels in this area with its robust compliance and reporting features:
- Automatic Affordability Calculations: We perform affordability calculations throughout every step of the process to ensure ICHRA offerings meet ACA requirements.
- ICHRA Notifications: Your clients' eligible employees will receive ICHRA notifications that outline your their company's contributions and ensure compliance requirements are being met.
- Comprehensive Reporting: SureCo provides detailed reports for your clients, providing insights into ICHRA participation, costs, and all the data needed for their 1095 reporting.
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Why Choose SureCo’s Enrollment Platform?
As the ICHRA market continues to grow, having a robust platform like SureCo in your toolkit can give you a significant competitive edge. It allows you to confidently guide your large group clients through the transition to ICHRAs, knowing you have the technology to back up your expertise.
Ready to see SureCo's Enrollment Platform in action? Schedule a demo or contact us today to learn how our solution can enhance your ICHRA management and give you a competitive edge in the growing ICHRA market.
