In previous articles we covered various third party administrator (TPA) topics including: what a TPA is, and how some TPAs can lower the cost of administration. This article looks at how a TPA can streamline group benefits administration for your company while also giving your company the opportunity to offer best-in-class benefits to your employees. The most common way in which a TPA can increase flexibility is by offering a centralized, robust employee benefits administration system that…

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The true cost of an employee group benefits plan is more than the plan’s premium. The plan must be administered, and administration is a time consuming, inefficient, and costly part of employee benefits. Benefit plan admin is usually a process of never ending paper chasing for enrollments and other forms, while maintaining a wall of post-it note reminders of important dates as well as an excel sheet to cross reference against insurance company admin websites and invoices.…

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For years, Third Party Administrators (TPAs) have been the norm in the United States. Their ability to knit together insurance carrier products to make best-in-class benefit packages while controlling costs, along with the administration and billing efficiencies they bring, have made them the obvious choice for managing employee group benefit plans. Although TPAs have been around for a long time in Canada they have only recently started picking up steam…

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Conference Board of Canada: "Employee benefits could not be more important to engagement and retention of an organization's workforce - or, in many cases, more misunderstood." Administering even simple employee benefit plans can be complex and time consuming, and even simple administration errors or omissions can expose your organization to significant liability. These issues only get worse if you want to take advantage of leveraging multiple carriers in order to construct a best-in-class benefits plan.…

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It’s been a busy couple of months since speaking at the 2018 HR Tech Summit in Toronto. Our tech talk on Optimizing Employee Benefits in the Data Economy was well attended and well received. We had a lot of great opportunities to connect with a wide variety organizations to discuss their benefits administration and data insight challenges.…

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We are pleased to announce that we are a gold sponsor of this year’s HR Tech Summit in Toronto on June 26 & 27, 2018. Drop by our booth and say hello and make sure you join our Tech Talk at 1:35PM on June 26.…

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