When evaluating online benefits software, most brokers want their platform to integrate with carrier and payroll partners. This means the software can communicate enrollment and eligibility information to the carrier — and vice versa. In general, there are two ways to accomplish this: EDI and API integrations. 

Most benefits systems are capable of both integration methods, but the same isn't true of carriers. When it comes to benefits software integration, limitations are based on what carriers are able to accept, and EDI technology is usually the best integration option most insurance companies can offer. 

Because it is the more common method of integration, here are the five things brokers should know about EDI integration

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.