Return on Investment details
Click on a row to view futher details |
Cost with
Paper Enrollment |
Cost with
Choicelinx |
You save |
| Processing New Hires |
$18,792 |
$1,088 |
$17,705 |
 Process enrollment forms |
$9,788 |
$0 |
$9,788 |
| Copy forms to personnel files |
$2,175 |
$0 |
$2,175 |
| Submit forms to carriers |
$1,740 |
$0 |
$1,740 |
| Review and correct rejected forms |
$653 |
$0 |
$653 |
| Resubmit corrected forms to carriers |
$87 |
$0 |
$87 |
| Enter enrollment forms into HRIS |
$4,350 |
$0 |
$4,350 |
| Approve changes (Choicelinx) |
$0 |
$1,088 |
$-1,087 |
| Annual Enrollment |
$135,460 |
$5,800 |
$129,660 |
| Prepare open enrollment packets |
$ |
$ |
$ |
| Process enrollments |
$ |
$ |
$ |
| Copy and file forms for personnel
files |
$ |
$ |
$ |
| Submit forms to carriers |
$ |
$ |
$ |
| Review and correct rejected forms |
$ |
$ |
$ |
| Resubmit corrected forms to carriers |
$ |
$ |
$ |
| Enter enrollment forms into HRIS |
$ |
$ |
$ |
| Approve changes (Choicelinx) |
$ |
$ |
$ |
| Monitor enrollment activity |
$ |
$ |
$ |
| Ongoing Life Events |
$25,448 |
$435 |
$25,013 |
| Process enrollments |
$ |
$ |
$ |
| Copy and file forms for personnel
files |
$ |
$ |
$ |
| Submit forms to carriers |
$ |
$ |
$ |
| Review and correct rejected forms |
$ |
$ |
$ |
| Resubmit corrected forms to carriers |
$ |
$ |
$ |
| Enter enrollment forms into HRIS |
$ |
$ |
$ |
| Approve changes (Choicelinx) |
$ |
$ |
$ |
| Terminations |
$2,175 |
$145 |
$2,030 |
| Process termination for each carrier |
$ |
$ |
$ |
| Enter COBRA qualified event into COBRA |
$ |
$ |
$ |
| Copy termination / COBRA forms |
$ |
$ |
$ |
| Online Enrollment Implementation |
- |
$1,073 |
- $1,073 |
| Complete initial implementation
paperwork |
- |
$ |
- $ |
| Training of HR / benefits team, and
testing |
- |
$ |
- $ |
| Review of first enrollment file |
- |
$ |
- $ |
| Total |
$181,874 |
$8,541 |
$173,334 |
|
Real Results
