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Why Outsource?

As benefits administration becomes more complex and new rules and requirements expand, companies are faced with a choice: either spend more time and money handling benefits administration internally, or outsource administration to a company that provides these services more efficiently than can be handled internally. Many companies outsource because it is proven to save money and increase employee satisfaction. Below are some compelling advantages to outsourcing benefits.

  Reduce Costs

Outsourcing can reduce costs across the company. Costs savings can be realized in HR, Payroll, Benefits, Finance, Accounting and other areas. Better reporting can lead to better financial decisions, as well as lower claim costs when costs are incurred for ineligible insured.

  Free Up Resources

Existing resources can be deployed for more strategic and core business needs, when outsourced services frees internal staff from routine administration.

  Improve Customer Service to Employees

Companies often find that outsourcing administration enables them to offer employees better response times, more modern enrollment processes and faster adjustments to enrollment records for reduced payroll deduction issues and enrollment issues.

  Streamline the Benefits Process

A streamlined benefits process enables employees the ability to stay current on their benefits options, review their current enrollment elections and make enrollment choices (when first eligible, during open enrollment or when they have a qualifying life event).

 
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Group Associates, Inc., 30800 Telegraph Road, Suite 3800, Bingham Farms, MI 48025
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