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Benefit Management Systems (BMS) Teams With Online Provider to Offer Benefits.
San Diego Business Journal--October 8, 2001--Benefit Management Systems of California, Inc. recently teamed with BeneTrac, an online benefits provider, to offer Web-based employee benefits and eligibility management to its clientele.
The online program allows for employees to enroll in their company’s benefits program, self-evaluate their current program and make changes that will take place immediately online.
"Employees can make an informed decision based on their needs, make the changes online and BeneTrac goes directly to their carrier," said Chris Nicolaidis, vice president of business development of BMS.
After a year of evaluating several different candidates, the San Diego-based compensation and benefits solutions company, selected BeneTrac.
The service was launched last month.
"We felt strongly that this was the one company that by far was the most flexible and responsive to our service levels," he said.
BMS targets mid-size high-tech and biotech companies that range from 100 to 1,000 employees and serves more than 60 California-based employers.
The reception has been impressive with many of the company’s clientele jumping on the bandwagon to sign up for the service, Nicolaidis said.
"It’s unbelievable. We hear them saying they wish they’d done it a lot sooner," he said.
One of BeneTrac’s greatest advantages is that it eliminates the hassles of filling out paperwork, which makes the workload on BMS employees and clients a lot easier, Nicolaidis said.
"Now I don’t have to worry about shifting through paperwork and it gives us access to privileged information that helps us efficiently support our client," he said.
The online service gives employers and employees access to up-to-date benefits information, the ability for data transfers to existing payroll, and to automate census and eligibility reporting.
"It’s getting to have all that information at your fingertips," said Kerry Tarlov, manager of human resources for Polexis, Inc., a local BMS client.
As the only human resources employee overseeing the software development company’s 62 employees, Tarlov said the service has been a time-saver and made her workday tasks less complicated.
"From day-to-day administrative duties, it’s definitely made my job a lot easier," she said.
Instead of faxing over forms to insurance companies and worrying about lost papers, now employees can choose to enroll themselves, going through a single-source rather than multiple venues.
BeneTrac also allows for employers to customize the site to feature links to company and employee information, insurance providers and reports.
"It’s (BeneTrac) useful (in that) you can make it as limited or as expansive as you want it to be. That’s what I like about it, it’s scalable," Tarlov said.
About Benefit Management Systems of California Inc.
Benefit Management Systems of California Inc. www.bmsca.com is a leading source of compensation and benefit solutions for early stage and maturing mid-market companies. With a client roster that includes both private and public Fortune 1000 organizations, BMS delivers end-to-end strategy, design and development of compensation and benefit programs.
The company is comprised of high-level performance teams of consultants who are licensed, accredited and knowledgeable in the human resources, insurance and securities fields. Benefit Management Systems of California Inc. is located at 6540 Lusk Boulevard, Suite C-170, in the heart of Sorrento Mira Mesa.
For more information, please contact Chris A. Nicolaidis at 858/657-4644 or email at chrisn@bmsca.com
About Hawthorne Benefit Technologies Inc.
Hawthorne Benefit Technologies Inc. was one of the first West Coast companies to offer a B2B real-time online employee benefits administration and tracking solution (BeneTrac) for human resource managers.
Sold exclusively through insurance brokers and benefits consultants, Hawthorne's ASP technologies are designed to combine efficiencies of the Internet with established insurance distribution models.
More information about Hawthorne's custom solutions for BeneTrac and BeneQuote, an online quoting system for insurance agents and brokers, is available respectively at www.benetrac.com and www.benequote.com, or by contacting their San Diego offices at 877/645-4342.
For sales inquires, please contact us.
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