Driven by the demands of the Affordable Care Act (Pub. L. 111-148) and the increased use by employers of private health exchanges, some benefits experts predict a greater reliance on the use of human resources technologies by payroll departments to aid implementation of the law.
“The best platforms will enable an organization to integrate the numerous functions of benefit administration with their weekly payroll functions,” said Tom Hayes, employee benefits practice leader for the Regions Insurance Group.
The integration of payroll operations is necessary for the streamlined and efficient administrative processes of adding new or updated enrollments and deductions, Hayes said in a February article for HR Professionals Magazine. Additionally, new hires and terminations involve the payroll department and the administration of company health plans, he said.
Read More @