Base Benefit
·
Base Benefits is where you store the Core Tables
and Employee Benefit
Records
·
Base Benefits will allow you to store benefit
plans, create benefit programs to group the plans and the employee elections by
plan. You can set up the plan rates here as well as coverage codes. Base
Benefits works well if you are handling benefit enrollments manually or if you
use an outside TPA for your enrollment and just want to store the employee
elections in the system. If you set up the rates with the plans it does work
with PeopleSoft Payroll in calculating the deduction amounts per pay.
·
Base Benefits automatically passes deduction
information to PS Payroll and
the maintenance of employee enrollments is manual
while BenAdmin determines
Benefit Program and Benefit Plan eligibility based
on the rules that are
setup and it ensures data integrity. Employee
Self-Service Enrollment is
also available when using BenAdmin. It is
integrated with COBRA processing
as well as Benefits Billing.
Benefit Administration
·
Benefits Administration uses what you set up in
base benefits, but also creates events which can be triggered to allow
employees to enroll or change their elections (think new hire, annual
enrollment, family status events, etc.). It also allows you to create
eligibility rules to determine what plans employees are eligible to enroll in.
You cannot use Ben Admin if you do not have base benefits set up or it won't
have any plans and programs to tie to events. When events are finalized in Ben
Admin, it will load the benefit elections into the base benefits table. See how
it all relates? If you handle benefits enrollments in house, Ben Admin might be
the way to go for you as it will also allow you to use self-service for the
employees to make their elections.
·
BenAdmin automates the administration of
Benefits using
Eligibility Rules and Event Rules.
·
Once BenAdmin events are finalized, it writes
the employee elections to
Base Benefits.
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