Worksite Options Solve Company’s Benefits Administration Woes
CLIENT:
North Central Wisconsin Manufacturer
ISSUE:
This employer was looking for opportunities to strengthen their benefits portfolio but were concerned that limitations in their benefits administration system had previously resulted in enrollment files not being provided to carriers in a timely fashion.
IMPACT:
M3 reviewed the market to determine the best voluntary product mix to pair with an appropriate enrollment and technology process. The result was a cost-neutral approach that secured the services of a specialty benefits enrollment & communications firm, a technology “bridge”, non-commissioned enrollment personnel and the addition of voluntary Accident and Whole Life insurance.
Highlights of the enrollment approach & results include:
- Active response enrollment – all employees encouraged to meet 1×1 with a non-commissioned benefits counselor to review benefits and make elections electronically.
- Customized enrollment strategy – tailored to the employer, the enrollment campaign included emails, flyers, outbound calls and benefit confirmation statements.
- Technology solution launched to connect with existing HRIS technology, operating as a bridge to the current benefits administration system without the disruption of full replacement.
M3’s Worksite Practice helps employers maximize benefits:
M3’s Worksite Practice delivers tailored solutions to complement your existing benefits package without requiring the displacement of existing relationships. Our dedicated worksite practice team has the depth of experience needed to effectively launch and manage a nuanced worksite strategy.
Learn more about how worksite solutions can bolster your benefit offerings. Contact Katie Ott, Director of Voluntary Benefits at M3, by filling out the quick form below.