Press Room

Media Contact Hilary McCarthy, SZPR 508-829-2543 hilary@szpr.com

Defined Contribution Functionality Announcement

April 17, 2003

 

BeneTrac's success in bringing relevant functionality to the technology thirsty industry of employee benefits continues. Whether the employer's plans are Fully Insured or Self Insured, BeneTrac provides enrollment with paperless online functionality that supports today's varied rules governing today's popular consumer driven health plans offered by employers.

Defined contribution functionality has been released and is in use by BeneTrac's customers. BeneTrac is proud to announce release of their onscreen and on the fly calculator that shows an employee their purchased benefits, pricing and out of pocket costs. The employee is able to view their premiums and the overall effect as enrollments are elected and before they finalize their enrollments. Additionally, with a point click, and print if they like, the employee can see their Election Summary with pre-tax, after-tax calculations.

BeneTrac's dedication to providing functionality enhancements to meet the demands of the every changing employee benefit plans, has been key to their success.

 

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