Costpoint Online Help

Benefit Plan Details Tab

Use the Benefit Plan Details tab to define the insurance provider, system/user benefit types, status, and Employee Self Service (ESS)visibility options of the benefit plan.

Contents

Field Description
Provider

Enter, or click to select, the code for the provider that is associated with this benefit plan. The provider is the company or agency that provides the insurance policy associated with this benefit plan. Costpoint validates this code against the Provider table, which is set up on the Manage Benefit Providers screen. The name of the provider displays in the field to the right.

System Benefit Type

From the drop-down list, select the type of system benefit. These codes are used by various benefits reports. Valid options are:

  • Health Care Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • AD&D Insurance
  • Long Term Disability
  • Short Term Disability
  • Supplemental Life Insurance
  • Supplemental AD&D Insurance
  • Dependent Life Insurance
  • Spouse Life Insurance
  • Spouse AD&D
  • Other Benefit
  • Medical Flexibility Spending Account
  • Dependent Flexibility Spending Account
  • Not Applicable
  • Health Savings Account
  • Critical Illness
  • Hospital Indemnity
  • Long Term Care Insurance
  • Employee Assistance Program
  • Personal Accident Insurance
  • Legal Insurance
  • Identity Theft Protection
  • Travel Insurance
  • Pet Insurance
  • Other Benefit 2
  • Other Benefit 3
  • Other Benefit 4
  • Other Benefit 5
  • Other Benefit 6
  • Other Benefit 7
  • Other Benefit 8
  • Other Benefit 9
User Benefit Type

Enter, or click to select, the user benefit type code that is associated with this benefit plan. You can establish this codes on the Manage Benefit Types screen. You can use the codes that you defined for internal tracking purposes. These are different from the standard system benefit types. Costpoint validates the benefit type code against the Benefit Types table.

Plan Information URL

Enter the Web location for information about this benefit plan for Employee Self Service exactly as you would type it in a Web browser (for example, "http://www.websitename.com". Employee Self Service is an add-on product for Costpoint that allows employees to view their benefits information online.

Employer-Sponsored Self-Insured Health Plan

Select this check box if the company assumes the financial risk for providing health care benefits to its employees. This is also referred to as a self-funded plan. In practical terms, self-insured employers pay for each out-of-pocket claim as they are incurred instead of paying a fixed premium to an insurance carrier, which is known as a fully-insured plan.

High Deductible Health Plan

Select this check box to designate the health plan as a high deductible plan. Health Savings Accounts (HSA) are available only to employees who are enrolled in a high deductible plan.

Plan Status

Use the selections in this group box to make this benefit plan active or inactive.

Field Description
Active

Select this option to make the benefit plan active.

Inactive

Select this option to make the benefit plan inactive.

ESS Visibility

Field Description
Exclude from Current Elections

Select this check box to exclude the benefit plan from ESS Current Elections.

Exclude from Benefit Options

Select this check box to exclude the benefit plan from ESS Benefit Options.