Solutions to help you navigate the benefits maze
We take the manual and guesswork out of benefits administration.
Trusted by 700+ leading companies
HR-friendly platform that checks all the boxes
Streamline processes
Real-time updates
Enhance employees’ experience & satisfaction
Navigate various benefits-related scenarios with ease
Manual Reimbursement
Sarah, the HR manager in a manufacturing company is swamped with paperwork
- Employees (factory & HQ) submit endless claim receipts from various health services (GP visit, health screening, etc).
- She always double-checks for errors, having to make manual adjustments to their entitlements via spreadsheets.
- Manual tasks take hours and often lead to delays in reimbursements and frustration for both Sarah and the employees.
Employees can:
- Submit claims electronically through an app, saving Sarah tons of time.
- Visit our 5,000+ panel providers to enjoy a cashless experience.
- See claim amount get automatically deducted from their entitlements in real-time.
Heavy Workload
John, a one-man HR team at an SME experiencing rapid growth, struggles with his growing workload.
- Diverse employees with varying contract periods and seniority levels have different benefits policies.
- Between managing employee benefits, payroll and other HR tasks, John feels overwhelmed.
John can:
- Streamline and automate HR processes.
- Automate prorated benefits, with tiered schemes for employee groups.
- Manage benefits, track usage, and report to management, maximising budget efficiency.
MC Abuse
ABC Coffee, a Food and Beverage chain, experiences a rise in employee medical certificate (MC) submissions. This is:
- Impacting overall healthcare costs and productivity.
- Affecting the way they verify the accuracy of MC submissions and pinpoint the reason behind the cost increase.
ABC Coffee is now able to:
- Instantly validate the MCs in our real-time HR portal.
- Electronically match MCs to visits for verification.
- Implement visit caps and customise the employees' panel network access to curb any potential medical benefits abuse.
Benefits Overclaim
Star Technologies, using an insurance scheme for outpatient benefits, is concerned about the increasing cost of their premiums. They think is could be because of:
- Small group of employees over-utilising
- Inconsistencies in the way benefits are being claimed and processed.
- The lack of visibility and control over claims processing.
- The delay in claims reporting by third-party vendors.
Star Technologies now has a platform that:
- Grants them greater control over their benefits allocation.
- Allows the HR team to set their own criteria for claim approval and reduce processing delays.
- Improves error identification, ensuring efficient budget utilisation.
Juggling Multiple Benefits Policies
Lisa, HR manager at Smart Education, a growing private school, faces challenges with:
- Managing diverse benefits for their full-time, part-time, and substitute teachers.
- Keeping track of these varied benefits offerings.
Lisa can now:
- Manage complex benefits structures.
- Tailor benefits by group (employment status, etc.)
- Customise policies, monitor benefits usage and track costs in a single HR dashboard.
- Get teachers to access benefits details directly in the Mednefits app.
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What our customers say about us
Questions?
Yes, Mednefits has a minimum headcount requirement depending on the product you choose:
- medFlex (Customisable Plan): Requires a minimum of 3 employees to create a corporate account.
- medPackage (Pre-set Packages): Requires a minimum of 50 employees to create a corporate account.
Mednefits is a platform that manages only outpatient and flexible benefits, on a pay-per-use model. As such, we do not offer any inpatient benefits coverage.
Mednefits focuses on managing outpatient and flexible benefits. The platform has features to handle everyday healthcare and wellness-related expenses, operating on a pay-per-use model. While we don’t offer traditional inpatient coverage, we offer competitive outpatient coverage packages.
We offer competitive outpatient coverage packages through our Bring & Better Programme. Speak to Benefits Specialist on our Bring & Better Programme (terms & conditions apply).
Mednefits stands out in two key ways:
- Empowering Employee Choice: Unlike traditional benefits providers, we focus on flexible spending accounts for employees. This lets your employees choose to spend on the benefits that matter most to them, offering a personalised and engaging experience.
- Streamlined Administration & Cost Control: We go beyond basic expense management software by offering customisable benefits management. This means you can set clear spend control rules and eligibility requirements. Plus, approved claims automatically deduct from employee accounts, saving your administrators valuable time and ensuring updates to entitlement balance.
Absolutely! Mednefits goes beyond just tracking your claims. We offer a streamlined claims process:
- Seamless Claim Submission: Employees submit claims easily through their app.
- Real-time Tracking: You can monitor all claims activity in real-time via your HR portal.
- Simplified Reimbursement: For non-panel claims, Mednefits can process and directly reimburse employees on your behalf.
Absolutely! Even if your benefits period has started, you can still switch to Mednefits. We can easily transfer your existing employee benefit balances to Mednefits during the initial enrollment process. Plus, Mednefits allows for backdated claims, so you can still submit claims for eligible expenses incurred before switching.