benefits administration

iSolved's Benefit Administration solution allows benefits adminstrators to transition a way from time consuming and complex paper based systems to an intuitive employee engaging sytem.

iSolved's single database HCM platform offers:

• Complete benefit enrollment administration
• Creates automated deductions for payroll
• Benefit rates tables
• Ties to ACA reporting
• Supports differed comp plans
• Historical and pending access
• Affordability reports and affordability projection tool reports
• COBRA/HIPPA Administration
• Customizable benefits enrollment welcome 
• Benefits Cost Analysis
• Tracking status via dashboard and reports

iSolved makes open enrollment simple and easy. Managers can structure specific benefit enrollment welcome messages while easily attaching important benefit documents for employees to review and acknowledge. Email alerts can be scheduled to make sure enrollment deadlines aren’t missed.

Certain events in your life can affect your benefits coverage. If you experience a qualifying life event, iSolved helps manage and simplify the benefit changes that are consistent with your life events.

Managing payroll with 401k deductions and recordkeeping can be time consuming if done manually. iSolved's cloud-based, singel database payroll solution simplifies and automates this process. Your iSolved payroll syncs with your deductions. Employers can easily add new employees, automatically update defferals and communciate with participants become eligible.

Platinum Group makes generating Benefits Statements a breeze. Employers can empower employees with the ability to generate and update their employee benefits statements and information.

iSolved's robust ACA solutions ensure customers have accurate and complete data in place to complete the required IRS Forms 1094 and 1095. Forms will automatically populate based on eligibility rules. Designate aggregate group membership, minimum essential coverage and minimum value coverage and capture employee ACA status, benefit eligibility and offers of coverage.

As COBRA laws, administration and compliance requirements are increasingly becoming more challenging, our iSolved platform allows employers to: maintain documentation, update required notices and keep up with legislative changes to stay in compliance. Our COBRA service includes: New Enrollee Notices, Qualifying Event Notices, Premium Collection and Eligibility Management Services.

Connect iSolved to benefit carriers and simplify your benefits process. Employers can easily manage benefits through iSolved and all updates are automatically transmitted to the benefit carriers as often as needed.   iSolved can support multiple insurance carriers through an automated interconnected, simplified process.