Benefits Administration Services
At Secova, we’re committed to researching and providing the best services and resources customized for your business. Our data technology, expertise, and education provide tailor-made solutions for every company. We ensure that our clients have explored all opportunities for efficiencies and cost control.
Secova’s online benefits enrollment platform, BenAssure, is a user-friendly tool built with the purpose of processing elections, completing life events, educating employees, reducing paper transactions, and managing benefits online year-round. BenAssure helps identify individual employee benefit options and aids in the enrollment self-serve flow with a series of links and tools to enhance end-user experience.
BenAssure gives you ready access to our BenefitsWalk ™ throughout the election process to navigate freely and browse various available benefits, compliant with Americans with Disabilities Act (ADA) requirements.
- Front and Center HR Alerts
- Quick View Document Posting
- Life Event Management
- Decision Support
- Live Support Through BenefitsChat™ Messaging
- ACA Management Tools
BENASSURE ADMIN TOOL FEATURES:
- HR Administrator View
- iReports Tool
- Evidence of Insurability (EOI)/Life Event Case Management
- Admin Election Management
- My Alerts
Online Enrollment Services
Engage your employees to make informed choices with access to customizable decision support tools, 24x7 HR support services, and the Secova Call Center to pick the right benefit choice for themselves and their family members.
Handling retiree benefits can be a resource drain on companies. Secova provides a single point of contact and accountability for all transactions between our clients, their retirees, and benefit carriers.
Ensure your premium payments are only covering the right employees and their verified dependents. Our Eligibility Management service simplifies the identification of ineligible dependents and supports your employees through the whole process.
Empower yourself with a stronger solution utilizing our dedicated interfaces with over 450 carrier interactions, secure data exchange, vendor assessment processes and performance analysis tools to leverage your vendor procurement.
In line with our subscriber-centric platform, BenAssure, participants can easily elect their FSA/HSA election amounts following the guidelines of a plan sponsor’s business rules and IRS regulations. Elections and changes are updated in real time and reported on HRIS/payroll files.
Premium Billing & Reconciliation
Healthcare premium overpayments between plan sponsors and carriers happen very often. Our premium billing and reconciliation services can help avoid this by catching errors in the complex data/dollar transactions between entities and their carriers.
Secova has provided COBRA Administration services to companies for 15+ years. We thrive owing to our experience. We have developed a proprietary system to efficiently and accurately manage the complex interactions required for today's COBRA administration.
Secova collects the healthcare premiums. We track all payments and reconcile any discrepancies, we also send a detailed summary and premium disbursement to you to review monthly participant activity. This ensures no overpayments between plan sponsors and carriers.
Get a free consultation
We are always happy to review your existing benefit portfolio. We often find after completing a review that we can save money or offer a richer benefit program. We are committed to keeping our clients educated on the constant changes regarding health insurance benefits. Contact us with any questions regarding your benefit needs.