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Blue Shield of California Offers Online Benefits Administration to Employers; Contract with BeneTrac Provides Enhanced Capabilities at No Additional Charge
March 23, 2004
San Diego, CA - March 23, 2004 - As a means of making benefits administration management easier and more affordable, Blue Shield of California is offering employer groups an opportunity to use BeneTrac's Web-based enrollment services at no additional charge. The program is offered to all qualified employers who purchase or renew Blue Shield of California medical plans through Jan. 31, 2005.
BeneTrac's electronic enrollment and administration system provides employer groups with a set of online tools designed to help manage multiple benefit plans from a variety of carriers.
"We continue to look for ways to help our clients effectively manage their employee benefits plans," says Peter Duncan, Blue Shield of California vice president of mid and large group sales. "This online program simplifies administrative activities, reduces paperwork, measures efficiency and accuracy of transactions, and makes tracking and transfers faster, all of which can help to reduce cost."
According to Jerry Hawthorne, president and CEO of BeneTrac, "The BeneTrac program allows a company to simplify the resource-intensive work of collecting, organizing and submitting employee benefit information. It accommodates the multiple plan designs an employer might offer from a variety of insurance carriers. This cross-carrier capability saves time and resources, improves accuracy of benefit information for employees and assists Human Resources departments to make positive contributions to the bottom-line profitability of their company.*"
Additionally, BeneTrac has the capability to provide employers with information about bill reconciliation, usage trends, and many other types of information that is available in real time and is measurable by employee, plan or location. Employees can make changes to their accounts, update their data and access important carrier information while the software safeguards against errors, missed entries and conflicting information.
Hawthorne continues, "Web-based employee benefits administration is recognized as a best practice in the insurance industry, yet few carriers have offered this technology to their clients except through proprietary systems that serve only their own customers. Blue Shield is one of the first companies to offer its customers an advanced benefits administration technology that can service not only Blue Shield's customers, but also the benefits that a company might offer its employees, which are provided by other carriers. Few, if any, carriers have made such an offer to their employer clients, making this a truly notable advance within the industry."
To qualify for the ongoing Blue Shield promotion, groups must have between 51 and 1,000 employees. They must purchase or renew a Blue Shield medical plan between now and Jan. 31, 2005, and they must have at least 50 percent of employees enrolled in a Blue Shield medical plan with a minimum of 25 employees enrolled through the electronic enrollment system.
About BeneTrac
BeneTrac, based in San Diego, was one of the first West coast companies to offer web-based electronic enrollment and employee benefits administration for human resource managers. Sold exclusively through insurance brokers and benefits consultants, BeneTrac's ASP technology is designed to combine efficiencies of the Internet with established insurance distribution models. More information is available at www.benetrac.com , or by contacting their San Diego offices at 1-877-645-4342. BeneTrac is a division of Hawthorne Benefit Technologies, Inc., located at 2251 San Diego Ave., Ste. A-150, San Diego, CA 92110.
About Blue Shield of California
Founded in 1939, Blue Shield of California is one of the state's leading health plans. Headquartered in San Francisco, the not-for-profit corporation has approximately 2.7 million members, 4,200 employees and more than 20 office locations throughout California. For more information on Blue Shield of California, visit the company's Web site at http://www.mylifepath.com.
Contact:
Jan Hawthorne, Hawthorne Benefit Technologies, Inc., 1-877-645-4342;
619-788-5806 direct; www.benetrac.com, jghawthorne@benetrac.com or Stephanie Burchfield, BWPR, inc., (media relations), 480-460-4111; bwpr@att.net
Elise Anderson, Blue Shield of California (media relations), 310-568-2866, elise.anderson@blueshieldca.com
*Editor's note: To calculate an estimate of a company's savings, visit www.benetrac.com/calculate_roi. For accuracy in determining the value of this program for Blue Shield groups, please remember to substitute $0.00 on the line that displays the annual cost of BeneTrac.
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