Interfas – Group Benefits Administrator gives you a cutting-edge technology platform to simplify and optimize the administration of your employee benefits. Flextr@net is a one-stop site where you can manage several carriers’ benefits with a single tool. That way, you can perform all your transactions at a single location, even if you have a multiple-carrier program.
Watch the capsule “Plan Administrator Site at a Glance” to find out about all the features available with Flextr@net.
POWERFUL TRANSACTIONAL TOOL
Use Flextr@net to conduct all the transactions relating to administration of your group insurance plan
- All plan member changes
- Change of earnings
- Change of coverage
Get a group insurance premium calculation quick and easy for a current or future plan member. Try different scenarios using various coverage options and let the plan member make an informed choice.
Let Interfas experts devise a tax optimization strategy. We’ll guide you in determining the best way to split insurance premiums between plan members and employer.
PAYROLL DEDUCTIONS AND TAXABLE BENEFITS
A payroll deduction and taxable benefit report is produced to match your pay period and the employer contribution to the group insurance plan.
CALCULATION OF ANNUAL EMPLOYER-PAID HEALTH/DENTAL COSTS
You get the annual employer-paid amount for Health/Dental coverage (box 85) via the payroll deduction and taxable benefit report.
CUMULATIVE TAXABLE BENEFITS
Each year, Interfas produces a report on cumulative taxable benefits relating to the employer’s financial participation towards payment of the group insurance plan premium, including a calculation of annual employee-paid Health/Dental costs.