Adding your employer clients' ancillary products into benefitbay can allow for a simplified employee enrollment experience. Adding ancillary products is now an option when setting up new groups.
Having ancillary enrollments run through benefitbay enhances the employee enrollment experience. It is good to note however, that benefitbay is not enrolling these ancillary products. You as they agent will continue to submit the information to your ancillary providers as normal and receive your commission through those carriers.
Add Ancillary Products
Once your Customer Success Manager switches ancillary options on, an additional tab will be added to your employer clients left navigation bar called 'Ancillary Products'. On this page you will select the blue 'Add more products' button at the top right of the page.
You will be taken to a page where you can select the ancillary products you'd like to add for this particular group. Currently you are able to add Dental, Vision, and Basic Life. Simply select the box next to the product(s) you'd like to add and click the blue 'Save' button at the bottom of the screen.
You can always add additional products by repeating these steps when needed
Now that you've selected which ancillary products you want employees to process enrollment elections for it's time to input the plan information.
Input Ancillary Plan Details
You will enter each products plan information individually. To begin, you will select the blue outlined 'Setup plans' button in the center the ancillary box. Each ancillary set up will look slightly different to encompass the products needed data but you will need the Plan details, Rates, Benefit information, and Contributions.
Once you select which product you want to add info to, you will begin by selecting the blue 'Add new plan' button in the top right corner. If you have multiple plans for one type of product, you will add them one at a time (e.g. buy-up dental or multiple vision plans).
You will fill in the plan details for the each product in their prospective boxes. You can click the blue 'Continue' button to move forward or there is always the option to select the 'Save for later' button.
Make sure you include the monthly premium cost as defined by the plan.
You will want to upload any plan documents or summary of benefits for this plan as well as the necessary benefits information.
Ancillary contributions are separate from the defined Medical contributions. These amounts should be determined when your employer groups policy is created. Please enter the Employer portion of the premium here. You can define if the employer will pay a percentage or fixed dollar amount per tier.
Manage Ancillary Enrollment (Reports)
Once the employees enroll in coverage, you will be able to generate the Ancillary Enrollment Summary to be sent to the carrier for final enrollment.
