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Businessolver, the leader in SaaS-based benefits technology and services, announced the introduction of the Businessolver Benefits Pulse, an interactive dashboard providing insight into the latest workplace benefits trends as impacted by COVID-19. This dashboard is populated weekly from data derived from Businessolver’s proprietary benefits technology, Benefitsolver. This information provides employers, brokers, advisors and many more, with a snapshot of the workplace regarding loss of benefits or change in status due to the pandemic.
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“This has been a very uncertain time for employers across the country, facing difficult decisions in how to manage their workforce and employer-sponsored benefits,” said Rae Shanahan, Chief Strategy Officer at Businessolver. “Within our own client base, we saw a need for answers – HR teams seeking information to make the best possible decisions for their unique situation. This Benefits Pulse was born out of that need, providing easy access to workplace benefits trends we are seeing take place and more importantly, change, every single day.”
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The Benefits Pulse details important workplace benefits trends including percent change for those in an active, COBRA or leave of absence status. For example, at launch, there was a 245% increase in the number of individuals in a Leave of Absence status since March 16. The data, which fluctuates daily, is available by industry and state. Additionally, the dashboard monitors the percent change of individuals who have current coverage in an employer-sponsored medical plan since March.
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