Decision-based support will eliminate inefficiencies and save valuable time for both employers and employees during benefits selection
Leading provider of next-generation automated benefits technology, EverythingBenefits, announces its partnership with Picwell, the provider of advanced predictive decision support solutions for consumer and employee benefits plan selection information. This marks a new chapter in the company’s commitment to delivering next generation, end-to-end benefit technology solutions and services to employers, employees, benefits carriers, and insurance brokers.
The partnership provides a powerful artificial intelligence (AI) driven interface that presents personalized recommendations tailored to best fit the needs of each user. The solution correlates the demographics of employees and dependents against over 900,000 critical determinant factors representing decisions and outcomes by millions across the country that share similar characteristics. As individuals continue to become more educated about their benefits and make better decisions with the help of technology, advice and corresponding outcomes will improve as well.
“EverythingBenefits’ implementation of artificial intelligence is a clear example of our company’s philosophy that technology should make life simpler, more rewarding, and more enjoyable,” said Rachel Lyubovitzky, EverythingBenefits CEO. “We’ve taken on the challenges of the industry and it’s a rewarding experience to deliver solutions that address complex benefits needs with the most advanced technology.”
“We are excited to partner with EverythingBenefits and push this manual industry into an era of automation through the use of technology,” said Matthew Sydney, CEO of Picwell. “Our AI integration will empower individuals to make informed decisions on the benefits they need and should have access to – further simplifying and streamlining the user experience in the benefits industry.”
EverythingBenefits remains committed to its goal of expanding its world-class technology suite to provide better analytics, more predictability, control and engagement from users. It not only meets the standards for benefits, but changes the entire experience for the better ultimately giving employers and employees a better understanding of their choices and providing insight for carriers to build comprehensive products.