Boost Retention and Simplify Administration with Exceptional Employee Benefit Services

isolved provides a comprehensive suite of benefit services designed to streamline your HR processes and empower your employees. Our offerings include:  

• Compliance: Help navigate the complexities of the benefits regulations like ERISA, ACA, and more, track employee hours, and generate required reporting.  isolved expert compliance services mitigate your risk of costly penalties and legal issues, ensuring your business operates legally and ethically. By proactively managing HR compliance, you protect your bottom line, safeguard your reputation, and cultivate a fair, supportive workplace that enhances employee trust and morale. 
• Flexible Benefits Administration: Our comprehensive administration services simplify the offering of competitive, tax-advantaged benefits through FSAs, HRAs, and HSAs, handling all complexities from enrollment to reimbursement. These accounts allow employees to use pre-tax dollars for eligible expenses, offering significant tax savings for both them and your business. 
• COBRA Administration: Ensure compliance with COBRA regulations, manage notifications and process payments.  
• Portable Alternative Coverage: Provide alternative options to former employees and their families who elect continuation of health coverage. It also helps your business break free from traditional COBRA constraints. This leads to improved group plan MLRs, more supportive employee experience and potentially more affordable and suitable solutions that can extend beyond the COBRA-eligible period.   
• Leave Management: Streamline the process of requesting, approving, and tracking various types of employee leave, including FMLA.  
• Retirement and Financial Wellness: Offer a range of retirement plans, including 401(k)s, 403(b)s, and pensions, designed to empower employees in building long-term financial security. Complementing these plans, comprehensive financial wellness services provide employees with essential tools and resources for budgeting, debt management, and retirement planning, fostering their financial independence. 
• Benefits Communication & Self-Service: Provide employees with easy access to their benefit information, plan documents, and enrollment tools through a user-friendly portal.  
• Benefits Enrollment and Administration: Simplify open enrollment, manage employee benefit elections and track eligibility. 

isolved's benefit services offer numerous advantages for your company and HR team, including:  

• Reduced Administrative Burden: Automate manual tasks associated with benefits enrollment, COBRA, and leave management, freeing up valuable HR time.  
• Improved Accuracy and Compliance: Minimize errors and ensure adherence to complex regulations like ACA and COBRA.  
• Enhanced Employee Experience: Provide employees with convenient access to their benefit information and self-service tools, leading to greater satisfaction and understanding.  
• Data-Driven Insights: Gain valuable insights into your benefits programs through reporting and analytics to make informed decisions.  
• Cost Savings: Streamlined processes and reduced errors can contribute to overall cost savings in benefits administration. 

Yes, isolved's benefit services are seamlessly integrated with our unified human capital management (HCM) platform. This means your benefits data works in conjunction with payroll, HR management, talent management, and time and attendance, providing a single source of truth for all employee information. This integration eliminates the need for manual data entry across multiple systems, improves data accuracy and streamlines workflows.

Employees gain secure and easy access to their benefit information through isolved's intuitive employee self-service portal. Through this portal, they can:  

• View their current benefit elections.  
• Access plan documents and summaries.  
• Enroll in or make changes to their benefits during open enrollment or qualifying life events.  
• Track their leave balances and request time off.  
• Find answers to common benefit questions and access relevant resources.

isolved is committed to providing comprehensive support for our benefit services. This includes:  

• Implementation Support: Our dedicated team will guide you through the initial setup and implementation process to ensure a smooth transition.  
• Ongoing Customer Support: Our experienced support team is available to answer your questions and provide assistance via phone, email or online resources.  
• Training and Resources: We offer various training materials and resources to help your HR team and employees effectively utilize the platform.  
• Regular Updates and Enhancements: We continuously update our platform with new features and regulatory changes to ensure you always have the latest tools and information.