All Collections
Human Resources (HR)
Benefits Administration
How to Create an Employee Benefit Offering
How to Create an Employee Benefit Offering

This article describes how to create an employee benefit offering through the Fingercheck software.

Jeffrey Mo avatar
Written by Jeffrey Mo
Updated over a week ago

This article describes how to create a benefit offering to your employees. Before you start, make sure that you have created a deduction code for this benefit. See How to Create Deductions for Medical, Dental, and Vision Benefits.

How to create an employee benefit offering

  1. Log in to Fingercheck as an Administrator.

  2. Hover over the INSURANCE tab and select Benefit Plans.

  3. From the hamburger button menu, select Add Benefit.

    A panel with a list of available plans appears.

  4. Click Add Existing Plan for the type of plan (such as Medical or Dental) you want to add.

  5. In the pop-up window that appears, select Composite Rating or Member Level Rating, and click Add.

    Important! If you do not know which option to select, contact your insurance carrier.

  6. Enter a Name and Description for the benefit (for example, Acme Medical HMO).

  7. From the Carrier drop-down list, select your insurance carrier.

  8. Enter the Start Date and End Date for the plan being offered.

  9. From the Employee Deductions drop-down list, select the deduction code that you created for this benefit.
    See How to Create Deduction Codes.

  10. From the Deductions Frequency drop-down list, select how often you pay the employees that will be offered this benefit.

  11. In the Eligibility to Age field, enter the age limit for dependents to be able to receive benefits.

    The age is usually 26.

  12. (Optional) Upload the “Summary of Benefits” file provided by your insurance carrier.

    Files you upload must be in .PDF format.

  13. Complete the remaining required fields (marked with an asterisk).

  14. On the Premium tab at the bottom of the page, enter the corresponding cost-per-coverage-type (per month) for the plan being offered in the Amount column.

    In the example below, employee-only coverage costs a total of $1000 for this plan, employee and spouse coverage costs $1500, and so on.

    If you are unsure of this information, contact your insurance carrier.

  15. (Advanced/Optional) On the Details tab, edit the plan-specific coverage information (such as deductible amounts and services covered) for the benefit offering.

    To download a .csv file that your insurance broker can complete, click Export. Then, you can click Import to import the values, and the fields on the Details tab will be populated.

  16. Click Save.

After you create the benefit, you can make the benefit offering available to employees.

Thank you for using Fingercheck. If you have any questions on this article's topic, you can reach out to our team at 1-800-610-9501, or use the chat option below.

Did this answer your question?