Benefits Administration Software
Benefits Administration Software Overview
What is Benefits Administration Software?
Benefits Administration Software is used to automate the process of managing employee benefits and eligibility, including medical insurance, pension & retirement, and leave. This type of software also includes healthcare brokerages or marketplaces for use by employers and healthcare analytics platforms for decision optimization.
Benefits Administration Software Features & Capabilities
Benefits Record Management
Online Benefits Enrollment
Third-Party Carrier Integration
Total Compensation Statements
Employee Self-Service Benefits Portal
Affordable Care Act reporting
Mobile Benefits Access
Integrations / APIs
Sometimes, benefits enrollment systems are sold as part of a larger HR software suite, and pricing for the benefits administration component is rolled into the overall price. But for standalone products, there are different pricing models.
Two of the most common are a monthly flat fee, or a flat fee minimum plus a per employee, per month license. The latter is dependent on the number of employees in the system which may act as a brake on adoption. Under this scenario, common pricing is a flat fee of $30 to $200 or more, depending on capabilities, plus a per employee price of $10 to $20.
Benefits Administration Products
RUN powered by ADP is a benefits administration and payroll platform for small businesses with light additional HR features.
Zenefits is a free, cloud-based core-HR platform with benefits administration capabilities. Zenefits, an American company headquartered in San Francisco, is not paid by users of its platform but by benefits providers whose users choose to administer benefits through the Zenefits platform. A payr...
Vista® is a feature-rich, completely integrated human resource, benefits, payroll, recruiting, and self-service software application that aims to enable organizations to minimize the time invested in administrative HCM and payroll activities by streamlining and automating those processes and faci...
Gusto (formerly ZenPayroll) offers payroll, benefits and compliance capabilities.
Boston-based Maxwell Health offers their specialized benefits administration platform and marketplace for a shopping-like experience of plan selection and benefits enrollment.
Employee Navigator is a benefits-focused HR system from the company of the same name in Maryland.
bswift is a benefits administration management software solution built to help companies with issues such as Affordable Care Act compliance.
TeemWurk is a Benefits Enrollment and Administration services provider that can facilitate all benefits enrolments through the SaaS based application. The tool is designed to efficiently handle bulk enrollments and data volumes with zero error efficiency. TeemWurk takes responsibility for your tr...
Keas is a benefits administration software solution built specifically as a health management platform for self-insured employers.
PlanSource BenefitsOne is an employee benefits engagement platform, from PlanSource headquartered in Orlando, Florida.
Zywave, headquartered in Milwaukee, offers HRconnection, a benefits administration platform.
TriZetto Facets from TriZetto (a Cognizant company since 2014) is a core benefits administration platform for payers.
Benefitfocus headquartered in Charleston, South Carolina offers their eponymous platform for benefits administration, featuring the Benefitfocus Marketplace.
EaseCentral in San Francisco offers their flagship online employee benefits administration platform, emphasizing paper-free registration and engaging progression through stages of registration that are easy for the user, as well as full visibility of registration completion progress, and other fe...
PlanSource OneMarket is a cloud-based health exchange and benefits engagement platform. More than 7,500 employers and 3 million consumers use PlanSource OneMarket for benefits shopping, enrollment, billing and ongoing administration. PlanSource partners with leading insurance carriers, brokers an...
Businessolver is a benefits administration software solution built to manage and monitor enrollment, create reports, and online benefit enrollment for employees, from the company of the same name in Des Moines, Iowa.
Castlight Health is a benefits administration software solution positioned to help employers efficiently provide healthcare for their employees.
Obeo Health is a benefit administration software solution built to help employers administer health care benefits to employees.
Worxtime is a governance, risk and compliance software solution built to help employers with compliance to the Affordable Care Act Employer mandate.
Darwin is a global benefits management software solution offered by Thomsons Online Benefits.
WEX Health (formerly Evolution1) is a suite of benefits administration solutions offered and supported by WEX since the June 2014 acquisition. It is positioned to help employers provide healthcare benefit management for their employees.
GoExchange for Employers from GoHealth headquartered in Chicago is a private health exchange with benefits administration features.