A recent study confirmed that usage of medical cost compare tools increased by 40 percent when integrated within a company's online enrollment tool. In addition to more engaged employees, the study demonstrated an increase in employee satisfaction with the benefit offerings and the overall enrollment process.
Searching for a doctor or determining if a doctor is in the plan's network is one of the most important tasks an employee conducts during the enrollment process. Choicelinx works with our carrier partners to integrate current provider information whenever possible, in order to give employees the same kind of online intuitive experience they expect when conducting other important transactions, such as online banking, managing their financial portfolios, or making other important purchases.
When integrated with our carrier partner, individuals no longer have to leave the online enrollment site or complete a paper application, when choosing a Health Savings Account (HSA). Choicelinx can enforce customer acknowledgement and acceptance of terms, conditions, and fees, allowing employees to enroll quickly and easily. Employees can manage all the transactions they need online, including automatically forwarding medical expenses to the HSA account; for requesting a checkbook or debit card for themselves or a dependent. An easy to use calculator enables employees to calculate their maximum allowable HSA contribution, estimate tax savings, and calculate HSA balance appreciation over time by providing key information about their age and enrollment tier.
Providing targeted support for your company's health improvement strategies can have the dual benefit of improving your employee's health and the company's bottom line. Integrated medical and pharmacy cost compare tools provide individuals with an interactive, yet easy way to project their health care use and out-of-pocket costs. Integrated health assessments and incentive programs can also increase your employees' awareness of and participation in these programs.
