may include benefit changes from the previous period, new dependents, and choosing the amount to be deposited in a Flexible Spending Account. This information is retrieved and compiled in three different ways: downloading from the Internet, downloading if from the Interactive Voice Response (through the phone), or from worksheets submitted by employees. The most important aspect of the process is ensuring that data is accurate. The gathered data is then sent to the carrier and to the payroll department of the company. The carrier uses the information to determine eligible dependents and employees. The payroll department uses the information to determine amounts to be deducted from employees’ paychecks, for health coverage and deposits into a Flexible Spending Account. ...
