Under the Patient Protection and Affordable Care Act, employers are required to provide a summary of benefits and coverage to all employees. When employees have the ability to understand the coverage a plan provides, they can better consider the cost to purchase the plan and use the plan.
Mobile devices are becoming a growing vehicle of online enrollment and will continue to become more and more prevalent for people who want to have access anytime and anywhere. As employers begin to learn how to implement this type of application, it is important to include tools that help employees make the best plan decisions for their actual situations. Cost analysis tools are especially important because they help employees see the whole picture when it comes to their healthcare.