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. According to bswift, the company’s automated benefits platform provides online employee self-service for new hire enrollment and open enrollment, as well as life event and status change enrollments. The bswift system is rules based so that administrators and employees avoid mistakes, and so that eligibility, effective dates, and premium bills are accurate.
In addition to benefits enrollment, bswift helps streamline the benefits administration process with tools and services such as audits, call centers, compliance services, EDI and API data exchange with benefit vendor and payroll/HRIS systems, fulfillment, premium billing and reconciliation, and reporting. Employees can manage their benefits selections from any browser and increasingly from mobile devices. The platform’s interactive intelligence and decision support capabilities enable employees to make and be assured of their plan choices. Finally, the platform opens possibilities for benefits shopping and an expanded collection of benefit choices from more vendors.
