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Plansource For Carriers PLANSOURCE for Carriers
PLANSOURCE is a powerful tool designed to help carriers grow their book of business and retain their existing book by selling more product, increasing broker loyalty, and offering other unique technology solutions that solve carrier needs.
PLANSOURCE Advantage Carrier Partnerships
Our flagship partnership program for carriers, PlanSource Advantage, allows a carrier the opportunity to increase distribution, product participation and broker loyalty by joining an innovative partnership program that gets your plans in the hands of brokers and provides attractive incentives for them to choose your offerings over a competitor. Learn about some of these many benefits below, as well as how the PlanSource Advantage program solves the classic dilemma brokers face when they think about installing a Benefits Administration system…
Benefits administration dilemma, solved.
Brokers know that a single, easy-to-use online benefit management solution would be beneficial to their clients, but usage cost is a concern. With PLANSOURCE Advantage, our partner carriers subsidize the cost of the platform when a broker chooses one of their plans. Additional lines of coverage bring additional discounts, so brokers will more likely choose plans that reduce or eliminate system costs.
Why partner with PLANSOURCE?
Partnering with PLANSOURCE will set you apart from the competition by embedding your plans into the most integrated platform available for payroll, benefits administration and human resources technology.
- A Powerful presence in the broker world. Over 300 of the nation’s largest agencies use PLANSOURCE.
- Innovative technology. Partner plan offerings are an embedded component of a technology that brokers are rapidly adopting.
- Exclusive incentives. The only benefits administration platform that allows carriers to give away the system at a reduced rate or for free to drive up carrier loyalty.
- Agency allies. Our broker network develops a new level of respect and trust for those carriers that add new value to their business through PLANSOURCE Advantage.
- Minimize administrative burdens. PLANSOURCE uses an intuitive logic-based workflow to make the entire benefits administration process seamless, paperless and effortless.
- Beyond benefits administration. Our platform supports value added services like payroll and HR management through HRHQ, providing access to more member data and greater customer retention.
Benefits for Carriers
Stand out from the pack. By providing a new incentive for brokers to choose your plans, you set yourself apart from your competition and provide added value to your customer.
- Simplify the process. Plans and data feeds can be pre-configured in the system for easier implementations. In addition, PlanSource gives employers what they want and handles the management of ALL benefits a group may offer, not just those of a single carrier, from a centralized system.
- Increase enrollment. Using a consolidated enrollment system for all benefit plans has been shown to significantly increase enrollment percentages. View case study >
- Sell additional coverage. Offering brokers additional discounts to PlanSource for selecting multiple lines of coverage is an effective way to boost secondary coverage sales.
- Improve efficiency. When a new group is installed on PLANSOURCE, we assume administrative responsibility for enrollment, eligibility data and premium billing, saving you time and money.
- Target by life event changes. Our partner carriers will soon be able to market individual and group supplemental products directly to employees using the system.
Other Carrier Services
Build a consolidated premium and billing module
- Automatic integration with active benefits roster to pull latest information
- Produce list bills at the click of a button
- Employers submit bills directly to you online
Partner to help build an Exchange
- We can help build the components of an exchange to help you stay competitive in the changing individual and small group markets
- We can engage with your organization in a development project to build a solution that will put you well ahead of the market
- Contact us to learn more about the tools we’ve already built for national carriers
Develop Quoting tools that use live census data
- We build quoting tools for your products that use current census data, not an outdated historical record for all active lines of coverage
- Our quotes provide the most accurate information to underwriting on ancillary lines of coverage