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Benefits
Management
MainStreetTM Benefits is a flexible package for administering your employee’s
benefits.
Multiple
Types of Benefits are supported. New Benefits can easily be added. Some of the
types of benefits that can be administered using MainStreet Benefits include
Medical, Dental, Vision, Hearing, Prescription Drug, Disability,
Employee/Retiree Life, Supplemental Life, 401k and other retirement plans.
Employee deductions and Employer Contribution amounts related to the benefits
are automatically calculated based on a wide assortment of calculation methods.
Benefits
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Integration to the
MainStreet COBRA module provides help with COBRA regulation compliance
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Reconciliation of
Provider Cost Statements is easier with Benefit Billing Reports
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Manage Flexible Spending
Accounts
Features
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Automatic calculation of
employee eligibility based on age, maximum age, waiting periods, and job title
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Automatic calculation of
dependent eligibility based on dependent type, maximum age and student status
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Automatic Calculation of
total benefit cost including factors such as smoker status and age
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Automatic calculation of
employer and employee cost based on sharing methods
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Complete audit trail
history of all benefits enrollment changes is provided by personnel actions
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Benefit Enrollment
changes automatically update Payroll
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Benefit Statements allow
your employees to review the value of their total compensation
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Confirmation Statements
can be used to confirm with the employee the benefits they presently are
enrolled in and those they have waived
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Billing Summary allows
you to verify the accuracy of your provider billing statements
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Benefit Eligibility
Report list employees who are eligible for a benefits
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Benefit Coverage Change
Report details all changes that occurred to a benefit plan for a period
selected
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Benefit Coverage Report
shows as of any particular time the report is printed what benefits and
employee is enrolled in and which ones he is not
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A flexible Plan Rate
system allows for tiers to be based on age, and smoker status
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Automatic calculation of
total plan cost along with the employer and employee shares based on several
different employer / employer sharing options
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FSA Invoice payments and
adjustments
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FSA Status Summary and
Detail list details concerning FSA account balances
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Reports |
FSA
Processing |
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Benefit Statements |
Invoices
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Benefit Confirmation
Statements |
Transactions
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Benefit Billing Summary |
Inquiry |
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Benefit Eligibility
Report |
Statements
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Benefit Coverage Change
Report |
Status Summary
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Benefit Coverage Report |
Status Detail
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EE Deduction and ER Changes Due |
Enrolled List with YTD Totals |
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Screens |
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Benefit Maintenance
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Type I Rate Plan
Summary |
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Type 2 Rate Plan
Summary |
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Eligibility
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Plan Maintenance Type
1 |
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Plan Maintenance Type
2 |
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Rate Maintenance Type
2 |
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Reason Codes
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Type Codes
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Class Codes
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Benefit Programs
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Integration
MainStreetTM Benefits Management is fully integrated with a complete set of Human
Resource applications:
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