The Benefits Lifecycle consists of everything an employee encounters related to their benefits. It starts when they’re a job candidate asking for details on the benefits package and lasts even beyond their employment for however long they stay on COBRA. For decades, brokers and employers have supported the Benefits Lifecycle using multiple disconnected systems that caused stress, confusion, compliance issues, and wasted time and money for everyone involved.
These multiple disconnected systems meant that a broker had to build out each client’s benefits package three separate times for the three different audiences that each employer serves:
Now, with BerniePortal’s Starter Edition, brokers and employers can address every step of the Benefits Lifecycle in one easy-to-manage place. Instead of brokers needing to build the same benefits package three different times for the three different audiences, it is just built once and then BerniePortal’s rule-based software governs to make sure each audience sees it the way they need to see it.
In other words - candidates can see all of the plans with per pay costs but can’t enroll; active employees can see the plans with per pay costs and can enroll; COBRA participants can see the COBRA-eligible plans/tiers they are eligible for with monthly costs and can enroll.
The time savings of BerniePortal’s solution are enormous, while also minimizing compliance risks and helping BerniePortal broker partners differentiate in the marketplace. Just imagine, as a broker, how the time savings could be used to work on more meaningful work for your employer clients.
Specifically, imagine this:
It’s the middle of Q4, and you’re juggling renewal rates, carrier negotiations, and client expectations—all while trying to ensure compliance deadlines don’t slip through the cracks. You’ve got multiple COBRA systems to manage, “ben admin-only” systems to build out, and benefit booklets that needed to be done yesterday.
Sound familiar?
Instead of building benefits booklets, the “ben admin-only” system, and the COBRA system for each client’s benefits package you only have to build the benefits package once in BerniePortal. The number of “builds” you have to do has gone down by two-thirds, freeing your team up to do more meaningful work for your clients.
BerniePortal’s Starter Edition was created by looking at everything BerniePortal can do, and creating an edition focused solely on the benefits-related work for which brokers are called on by their employer clients for help. In other words, focused on each aspect of the Benefits Lifecycle. Going beyond the “ben admin-only” paradigm to create a true all-in-one solution for benefits. Sign up for a demo with one of our highly trained product specialists to learn more.