SACRAMENTO, CA, March 09, 2014 /24-7PressRelease/ -- benefitsCONNECT, a leading provider of web-based software applications for the health and benefits industry, today announces the real-time integration of Transamerica insurance products on the benefitsCONNECT platform. benefitsCONNECT provides an easy-to-use technology solution for benefits enrollment and administration with fully automated EDI data exchange connectivity among employer groups, insurance carriers, TPAs, payroll vendors, and brokers. With a few clicks, employees can now seamlessly enroll in a broad suite of Transamerica's insurance products -- including Universal Life, Accident, Cancer, and Critical Illness -- through benefitsCONNECT.
Employees start in benefitsCONNECT where they verify eligibility and census information. After this information is saved, they are directed through their benefits selection, including Transamerica benefits being offered, which are embedded within benefitsCONNECT. After completing all elections, employees may review their election details, which are displayed in a convenient and understandable format.
"We are pleased to collaborate with Transamerica to help facilitate an employee self-service process that not only streamlines enrollment, but also reduces the administrative burden for employer groups," says Troy R. Underwood, President/CEO of benefitsCONNECT. "The ability to integrate enrollment for benefit offerings from other carriers further extends the functionality of benefitsCONNECT and demonstrates Transamerica's forward-thinking collaborative approach, which is changing the way brokers and employer groups deliver benefits."
"As our customers look for better ways to meet the need of their employees and control costs at the same time, we are pleased to add benefitsCONNECT's web-based benefits enrollment and administration solution to our toolbox of innovative employee benefits solutions," said Randy Clarkson, President of Transamerica Employee Benefits, a marketing unit of Transamerica Life Insurance Company. "We believe this technology will be a differentiator in today's fast-changing competitive marketplace."
benefitsCONNECT is an industry leading insurance broker-centric benefits administration and online enrollment software company that provides marketplace technology and tools for complying with healthcare reform. Available 24/7, 365 days a year, the system electronically connects brokers, employers, employees, carriers, and third party administrators to create a streamlined benefits enrollment and management experience.
About Transcend Technologies Group, Inc.
Founded in 2001, Transcend Technologies Group, Inc. (dba benefitsCONNECT) is a privately held company that specializes in Internet-based software applications for the health insurance and benefits industry. Transcend licenses benefitsCONNECT for benefits administration and online enrollment and benefitsCONNECT agencyMANAGER for agency management functionality, and has established clients in 43 states who entrust their book of business to benefitsCONNECT products. For additional information, visit http://www.benefitsCONNECT.net, or contact Sales at 916-421-4000 or sales@benefitsCONNECT.net.
Transamerica helps customers Transform Tomorrow . With more than a century of experience, Transamerica has built its reputation on solid management, sound decisions and consumer confidence. Transamerica Employee Benefits markets a comprehensive portfolio of voluntary life and supplemental health insurance products underwritten by Transamerica Life Insurance Company, Cedar Rapids, IA, and its affiliates. For more information, visit http://www.transamerica.com.
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