Defined Contribution | benefitalign

Defined Contribution

Looking at Defined Contribution Options? Benefitalign can get you up and running in no time.

As healthcare costs continue to rise, employers are increasingly looking to new contribution options to help keep costs down and get their employees more involved in managing expenses. A Defined Contribution model provides employers a way to manage both their costs and offer their employees’ greater choice in their health care spending.

This shift to increased health care consumerism began with the launch of high-deductible health plans and tax-advantaged benefit accounts (FSAs, HSAs, HRAs) and has grown rapidly over recent years. Defined Contribution takes the shift a step further by providing individuals greater choice and greater responsibility for selecting and funding the plan design that is right for them.

Our consultants can guide you through the complexities of setting up eligibility and funding rules, while our system provides the flexibility to tailor your solution with customized rules and legacy system integration.

With our comprehensive customer education platform, your members will love you for giving them an informative and easy-to-use self-service sales and enrollment experience – reducing your overhead for plan administration costs and broker fees.

Why wait to benefit? Expand your horizons today by adding Defined Contributions to your custom Benefitalign package.

 

Features & Capabilities

  • Eligibility & Enrollment management.
  • Complies with Funding Rules.
  • Supports Customized Rules.
  • Legacy system integration.
  • Self Service tools for Sales.
  • Self Service tools for Enrollment.