Enwisen, the leader in next-generation workforce communications solutions that enable HR transformation, today announced the version 2.0 release of its innovative Medical Cost Estimator, a component of Enwisen’s AnswerSource Benefits Decision Support suite. AnswerSource Medical Cost Estimator leverages Web 2.0 standards to provide innovative enhancements to help employees model costs – based on their family’s particular healthcare requirements – to better understand plan options and select the plan that best fits their specific family needs.
The AnswerSource Medical Cost Estimator 2.0, available September 15, 2008, includes the following important enhancements:
Ability to save a medical cost model before leaving the calculator tool, allowing users to preserve all modeling components and continue modifying their model after they return to the estimator – for example, to discuss options at home with a spouse or partner.
Users now get a comprehensive representation of their relevant cost models by exposing both adjusted as well as unadjusted costs. Adjusted costs now include various plan and contribution logistics such as employer contributions, HSA and FSA.
Users can model the impact of HSA and FSA contributions by specifying their actual contribution amounts directly within the estimator interface.
New ability to edit per-unit service costs allows users to personalize the medical cost model to their specific service costs.
A newly available summary plan view brings all important cost components for a specific plan into one view, with adjusted and unadjusted cost details, as well as granular parameters related to the medical services used per family member within that plan.
Help content has been enhanced to provide a more in-depth guide to the wealth of newly available features.
“We believe that the interactivity and personalization associated with Web 2.0 tools, combined with a powerful computation engine and knowledgebase, makes this the best tool for benefit modeling on the market today,” said Maksim Ovsyannikov, Enwisen’s vice president of product strategy.
“AnswerSource Medical Cost Estimator 2.0 is another example of our commitment to leverage next-generation technology to bring workforce communications to a new level – allowing employers to meet the needs of a multi-generational workforce with the types of personalized, innovative and interactive tools they’ve come to expect from popular internet sites.”
Enwisen (enwisen.com) delivers technology that helps employers leverage the web to communicate with their workforce. Its AnswerSource Workforce Portal – a suite of on-demand, personalized and searchable communications applications – engages new hires with a personalized onboarding experience, promotes informed benefits consumerism and improves employee service and communication via more effective, self-service portal and shared-services environments. AnswerSource is rapidly deployed and fully hosted and maintained by Enwisen. It allows employers to dramatically improve the employee experience by making “must do” workforce communications – for all phases of the employee life cycle – more effective, more strategic and less costly. AnswerSource has produced measurable ROI for hundreds of customers – like Yahoo!, Memorial Health Care, State of Montana, Hershey Entertainment & Resorts, Nissan North America, W.L. Gore & Associates and Hannaford Bros. Co.
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