Day: August 9, 2024

bswift provides an automated benefits administration platform that helps employer organizations save money on insurance premiums; save time on benefits processes; meet ACA compliance requirements; inform and educate employees about their benefits choices; and make fast, effective changes to or additions of carriers and benefit options within corporate benefit plans.

By using the latest technology and a caring approach, plus a deep understanding of each client’s benefits strategy, bswift helps companies and their employees get the most out of their health and welfare benefits today and in the future.

You expect your employees to need a little help making smart, cost-effective benefits
decisions. But not every employee is the same. That’s why bswift provides more than a one-size-fits-all solution. bswift provides Ask Emma – an interactive decision support tool that treats employees as individuals. She is fully integrated into the enrollment platform and provides different degrees of education and support to fit each employee’s needs:

Personalized walkthroughs for “passengers” who like to be guided
FAQs and explainer bubbles for “info detectives” who prefer to self-educate
Standalone calculator and estimate breakdown for “number crunchers” who want to delve into every detail

Ensuring dependent eligibility is a critical aspect of health care benefits administration. Without thorough review processes, ineligible dependents may gain or continue coverage and drive up unnecessary expenses for employers and their employees.

Between 5% and 15% of dependents on an employer’s health plan are ineligible for benefits. Additionally, employees often find the process of verifying a dependent confusing and stressful, adding to the administrative burden of benefits teams. To address these challenges, bswift provides tailored, comprehensive dependent verification services, available both as a one-time check and ongoing support.

The Total Economic Impact™ Of The bswift Benefits Administration Platform

Through four customer interviews and a survey of 30 companies, Forrester
concluded that bswift has the following three-year financial impact for a model 300
employee organization.

bswift offers a suite of management solutions to help employers navigate the new world of health care and benefits and to comply with the complex regulations of the Affordable Care Act (ACA). In today’s rapidly changing environment, our tools can be quickly and easily configured to meet your specific business needs.