We are a leading software as a service (SaaS) company providing Benefit Management Tools for Corporations and Brokers/Third Party Administrators in Canada.
NexAdmin stands out with its unique offering of powerful tools for managing eligibility, enrolment, and billing. Unlike other providers, we offer the flexibility to either bring administration in-house or work with insurers. This includes the unique option to use different carriers for life and long-term disability coverage, managing premium collection and payment yourself. The NXG Group of Companies is the only provider that offers both plan administration and claims adjudication in one coordinated SaaS digital package. Our admin solution not only completes the circle but also provides you with the reassurance and confidence that sets us apart.
KEY FEATURES OF NEXADMIN
Discover all the tools you need to manage benefits with NexAdmin.
BILLING SYSTEM
Relieve the burden of manual billing with NexAdmin's powerful and integrated billing system. Say goodbye to the hassle and hello to streamlined, efficient invoicing. Experience the ease and convenience of NexAdmin!
- Make retroactive premium adjustments a breeze with our impeccable calculation system that leverages historical rates, plan information, billing history, payroll deductions, tax collection, and taxable benefits. Experience the confidence and peace of mind that comes with knowing your calculations are always accurate.
- Flexible benefits, Hours Banking, and Traditional plans are all supported for employee benefits administration.
- The dynamic scheduler that can handle monthly billings and real-time updates to make billing and premium collection a breeze. With this tool at your disposal, you can streamline your billing production and stay up-to-date with the latest information on premiums.
EMPLOYER PORTAL
It's important to provide your clients with fast and simple access to plan member information. That's where our Employer Portal comes in! With just a few clicks, you can easily add or update member coverage, and view their current benefit status and payroll deductions. Don't waste any more time worrying about complicated benefit management.
- You can access both current and historical billing statements of the company.
- Submit any changes related to members, such as their addition or removal, and updates to their salaries.
- Keep company information up-to-date, which includes maintaining addresses and contacts.
MEMBER PORTAL
Members have the convenience of accessing their benefit information and updating their profiles and coverage quickly through the Member Portal. The portal presents members with their current group benefit coverages and costs, as well as their dependents and beneficiaries. Event-based enrollments and member-initiated updates can be easily made. The member experience can also be customized by the plan sponsor. Additionally, the enrollment forms, such as confirmation statements and beneficiary designation forms, can be customized. e-Signature is also available for beneficiary designation forms.
- View Coverage
- Update contact information
- Access to benefit booklets and plan forms
HOUR BANKING
NexAdmin offers a flexible benefits solution that can support hourly workers. Hour Bank is an excellent option for employees who don’t qualify for traditional benefit plans. NexAdmin assists with hour bank plans, where eligibility for member benefits is based on the number of hours worked. The NexAdmin Hour Bank module allows you to manage and administer hour bank plans easily.
- Track each member's deposit and withdrawal of hours to determine their eligibility.
- Self-pay is available for members who want to maintain coverage outside of their hours account
- Establish guidelines for benefit costing, activation and termination, hour maximums and minimums, and account limits.
Watch the video to see how all modules work together to provide a powerful benefit management solution.
INTEGRATED WITH CANADIAN PROVIDERS
BUILT WITH ROBUST SECURITY
The full security model enables users to restrict both business functionality and client data access. Multi-factor Authentication (MFA/2FA) adds an extra layer of security, which is necessary to address the vulnerabilities of a standard password-only approach. With 2FA, only authorized users can access NexAdmin, providing an additional security layer for your business.
Every change made in NexAdmin can be audited, recording the user who made the change, the date and time of the change, and the before and after values associated with the change.
CLIENT PRAISE
Rest assured, our team of seasoned experts is here to provide high-quality support, ensuring you maximize the benefits of our software.
Our business is mostly Associations, which means lots of billing locations. MyBenetech’s software is instrumental to our success in this market. The automation allows us to managing our costs more effectively than most TPA’s. Our last client acquisition allowed us to reduce the cost to the client because we were able to manage the program with less manpower.
We could not manage such complicated plan designs and clients without this system
CEO
Third Party Administrator, GTA, Ontario
Third Party Administrator, GTA, Ontario
Our strategic relationship with MyBenetech has contributed greatly to our company’s vision of empowering our clients with the ability to control their benefit plans, retaining best in class insurance programs and ultimately ensuring the financial sustainability of their benefit plans.
MyBenetech’s technology platform facilitates multiple best in class providers with the simplicity of one enrollment, one billing & one point of contact. Most importantly they make it easy to do business with them from our perspective as the consultant & our client’s perspective.
Principal
Consulting Group, Oakville, Ontario
Consulting Group, Oakville, Ontario
MyBenetech is helping us fulfill our business model and their system is providing us with a competitive edge. It has enabled us to build our business without having to worry about problems or service issues.
It’s also reassuring to know that MyBenetech staff is always there to provide the necessary support to help us through unexpected backlogs. Ultimately, the VITAL Objects™ system ensures that we can provide the quality service our clients expect.
Vice President
Third Party Administrator, Oakville, Ontario
Third Party Administrator, Oakville, Ontario
Ready to take your benefit plan management to the next level?
Request a demo of NexAdmin today and see how it can help you streamline your operations & plan member experience!
