Fall is in the air! That means crisp autumn days, leaves changing colors, football…and, of course, open enrollment for most health plans. (What, open enrollment doesn’t pop into your head when you think of fall? Maybe that’s just us!) If you have your benefits administered by the team at Dominion Payroll, we’ll be hard at work making sure your open enrollment is a seamless one. In order to prepare for open enrollment, check out our Open Enrollment Communication Guide, to ensure you start open enrollment season with effective communication.
The earlier you plan for your open enrollment period, the better, which is why you can expect to be contacted by your friendly Dominion Payroll Benefits Team specialist 90 days prior to your plan renewal dates to discuss scheduling and updates to your specific plan, which we can then update right in the iSolved Benefits Administration module.
Not familiar with iSolved Benefits Administration? It’s got all kinds of features that could be, well, beneficial to you. You can:
- Automate benefit enrollments to allow the system to accurately calculate payroll deduction amounts based on benefit plan coverage options
- Allow employees to sign up for benefits directly through a wizard-style portal, allowing them to directly compare plans and costs
- Utilize the built-in Report Writer and Standard Benefits change reporting capabilities to prepare data for entry to your carrier
- Keep enrollment data up-to-date with your carrier and improve billing accuracy with optional Carrier Connection service
iSolved Benefits Enrollment
Health insurance requirements can be a maze to navigate, but Dominion Payroll is here to help. We’ll give you tools and guidance to help your company avoid easy-to-miss pitfalls like miscategorizing a variable-hour employee that may qualify for entry into a benefit plan. You can designate aggregate group membership as well, making production and filing of your Forms 1094 and 1095 a breeze when it comes time to report Section 6055 and 6056 compliance to the IRS. And ACA compliance isn’t the only managed service Dominion Payroll offers—we can help with COBRA and FSA/HSA administration too!
Drop us a line at email@example.com today and let our team of specialists design a solution built especially for your company.