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Benefits Administration
Benefits Administration
The Benefits Administration component is designed for Liberty, so all your benefits data is entered directly into your Liberty® system.
Automate Employee Benefits Options. No more manual calculations for every employee - set up 401(k) percentages or Cafeteria Plan options one time and let Liberty® do the rest.

Simplify Mass Benefits Changes. The next time you move your company to a new life insurance policy or change your plan rates, you can breathe easy. With the mass updates feature, you can update your company benefits program changes just once and all of your employee records will get updated.

Automate pending modifications: Save data modifications as pending and let the Liberty Benefits Administration Module do the work for you when the event occurs.

Ensure COBRA Compliance. Put your COBRA regulation nightmares to rest. Access the right forms and correspondence, receive compliance updates and run a COBRA Payments report to quickly spot late or missing payments.

Calculate Benefits and Insurance Coverage Costs. Liberty® allows you to easily run benefits and insurance coverage calculations on key factors such as age, smoking status, and maximum and minimum coverage amounts. You can quickly run calculations to understand costs and offer creative benefits to your employees based on real data.

Publish Employee Benefits Statements. Quickly and easily run standard employee benefits statements for all your employees. You can now easily show them the entire picture when it comes to their compensation.

Access your data when you need it. Unlimited historical information is always at your fingertips. You can look up dependent and employee plan participation for claim and premium validation, as well as HIPAA compliance. And you can use the option history to spot rate trends for help in determining future plan year costs.
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