Gone are the days where people rely on newspapers to get their news. Nobody looks about circular anymore to see what’s on sale. There is a reason why everybody’s lives revolve around their phones and computers: Everybody goes online for everything. Similarly, that’s how it should be for employee benefits with online enrollment.
It’s already a big ask of employers to get their employees to review their benefits offering. In fact, 48% of employees would actually rather spend their time talking to an ex instead of completing their open enrollment. To get employees to dedicate an hour of their year, we need to make it as easy as possible for them. Instead of asking them to enroll using an outdated method like pen and paper, providing them with an electronic benefit administration system can do wonders for everybody from employees to brokers.
Transitioning from the traditional pen & paper enrollment may sound like a daunting task, but it’s actually easier than it sounds. And for companies that adapt a feature-rich benefit administration system like THEbenefitsHUB, it comes packed with benefit education features that can drive up participation.
Here are three ways that online enrollment makes life easier:
#1
Benefit education made easy
Aflac revealed a study that stated 1 in 5 employees don’t understand the benefits they enrolled in. With that stat in mind, how many employees would skip enrolling in a benefit they don’t understand? It’s important that employees get educational materials that are easy for them to understand. By packing an online benefits administration system with education materials, employees will feel peace of mind with what they’re enrolling in.
Also Read: How to Adapt Your Open Enrollment Strategy for COVID-19
#2
Enroll from anywhere
Imagine being able to enroll from your phone, computer, or laptop. There’s no need to gather employees into a cafeteria to see which benefit they want to enroll in. An online ben. admin. system like THEbenefitsHUB gives employees the power to learn and enroll from anywhere. 65% of employees prefer to learn about the benefits they’re offered while they’re away from work!
#3
Around the clock access
When employers make the move to an online benefits administration system, they’ll typically get a 24/7 website that houses their employees’ benefit info. Each employee will be able to log in and view their benefits package and learn about the features of each plan. As a result, this can save human resources from countless meetings with employees who have questions about their benefits! Plus, this also gives the employee the power to discover which new benefits were added to their offering for the following year.
THEbenefitsHUB is a powerful tool that can help take your business to the next level. If you are a carrier, broker, or employer looking for the easiest benefit experience yet, send an email our way! You can reach us at sales@mgmbenefits.com or contact us using the phone number at the top of the page today.