Allied Electronics Selects A.D.A.M.'s Online Enrollment Solution.Additional Service Provided Through Benergy Reduces Cost of Enrollment and Makes It Easy for Employees to Review, Elect and Enroll in Benefits Electronically ATLANTA Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. -- A.D.A.M., Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADAM Adam, the first man, in the Bible Adam (ăd`əm), [Heb.,=man], in the Bible, the first man. In the Book of Genesis, God creates humankind in his image as a species of male and female, giving them dominion over other life. ), a leading provider of health information and benefits technology solutions, today announced that Allied Electronics, a Texas-based distributor of electronic components and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). products, has expanded its use of Benergy[TM], A.D.A.M.'s award-winning employee benefits and health management platform. Allied Electronics is now providing its benefits-eligible employees access to A.D.A.M.'s Enrollment Services product for online benefits selections. For the past two years, Allied Electronics has used the Benergy platform for benefits, health and wellness, and HR communications. Adding Enrollment Services now enables the company to collect benefits election data electronically -- instead of by paper forms -- and more easily report and share such data with insurance carriers and its payroll system. "We have a diversified diversified (di·verˑ·s employee population in terms of geography and their roles within the company," said Susan Overcash, director of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. at Allied Electronics. "This places a lot of pressure and responsibility on our human resources team to manage the benefits needs of our employees. Online enrollment allows our employees to enjoy the flexibility of managing their benefits at their convenience, while also reducing the number of employee inquiries and requests for help during the enrollment period; we used it during our recent open enrollment period and saw 99 percent utilization amongst our employees. It added immediate value to our company while alleviating the pressure on our HR team." Enrollment Services offers Allied Electronics' employees 24-7 online access to personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. information to self-manage many aspects of their lives, including benefits enrollment events. Through this solution, employees can draw side-by-side comparisons of their benefit options and view details of each benefit to help them in making knowledgeable benefits selections. Employees update personal and dependant data, select their benefits and review a confirmation statement, all in one guided process. For the HR department, online enrollment reduces much of the time, expense and errors associated with facilitating annual open enrollment and benefits changes caused by life events. "Allied Electronics' adoption of Benergy's Enrollment Services product underscores A.D.A.M.'s core strategy to provide a strong return on investment to our clients through effective benefits solutions that ultimately increase employer productivity and reduce administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. . Benergy not only provides the framework to automate To turn a set of manual steps into an operation that goes by itself. See automation. the task of enrollment, but provides the employee the information and decision support tools they need to make the right benefit decisions for them and their families," said Kevin Noland, president and chief executive officer of A.D.A.M., Inc. About A.D.A.M., Inc. A.D.A.M. (NASDAQ: ADAM) is a leading provider of health information and benefits technology solutions to healthcare organizations, employers, consumers, and educational institutions. A.D.A.M.'s portfolio of products includes its award-winning Health Illustrated Encyclopedia encyclopedia, compendium of knowledge, either general (attempting to cover all fields) or specialized (aiming to be comprehensive in a particular field). Encyclopedias and Other Reference Books and Benergy[TM], the leading benefits communication and healthcare decision support platform for small and mid-sized employers. A.D.A.M. content and technology solutions help consumers better understand their health, wellness and benefits, while helping healthcare organizations and employers reduce the costs of healthcare and benefits administration. For more information, visit www.adam.com or call 1-800-408-ADAM. A.D.A.M. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Except for historical information, all of the statements, expectations and assumptions contained in this press release are forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results, performance or developments to differ materially. Factors that could affect the company's actual results, performance or developments include general economic conditions, development of the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the as a source of health information, pricing actions taken by competitors, demand for the company's health information regulatory changes in laws and regulations that impact how the company conducts its business and the other factors described in A.D.A.M.'s filings with the SEC. A.D.A.M. disclaims any obligation or duty to update any of its forward-looking statements. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion