Moving employee benefits programs to the Internet gives employers fewer administrative burdens, employees more plan control and carriers another technology initiative in which to pursue.When Santa Clara, Calif.-based Yahoo! Inc. scouted last year for a new group employee benefits program, the Internet portal provider had a two-point wish list. First, the program had to fit the needs of its 1,100 employees. Befitting of a true dot-com company, the second stipulation was that the program had to exclusively reside on the Internet.
Most insurance carriers haven't implemented the technology that's necessary to offer employers Web-based benefits packages. However, Yahoo! executives found a group program offered by Portland, Ore.-based Standard Insurance Co., which last March unveiled AdminEase, an online group life and disability employee benefits program.
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