BenSelect:Admin:Plan:Rates:Flex - Revision history

Shannon Krakosky at 16:53, 6 February 2026

2026-02-06T16:53:36Z

Shannon Krakosky at 16:48, 6 February 2026

2026-02-06T16:48:39Z

Shannon Krakosky: Created page with "The BenefitAgent Flex Engine allows for employer contributions to be applied to any of the plan/products being offered in your case. The dollar amounts you set within this eng..."

2026-02-06T16:48:16Z

Created page with "The BenefitAgent Flex Engine allows for employer contributions to be applied to any of the plan/products being offered in your case. The dollar amounts you set within this eng..."

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The BenefitAgent Flex Engine allows for employer contributions to be applied to any of the plan/products being offered in your case. The dollar amounts you set within this engine will directly offset the plan’s cost from the employee and move it onto the employer.

For example, if you set this contribution plan up with an available dollar amount of $150 per pay period, then $150 per pay period would be moved from employee to employer cost based on your configuration. As an example, consider a case offering Medical, Dental, and Vision plans broken down as follows:

<li>Medical – EE Cost is $100
<li>Dental – EE Cost is $35
<li>Vision – EE cost is $25

With the $150 employer contribution through the FLEX engine, the employee costs would potentially become:
<li>Medical – EE Cost is $0
<li>Dental – EE Cost is $0
<li>Vision – EE cost is $10

The balance of funds available is applied to each applicable plan until the money runs out, which in this case leaves only Vision with a small remaining EE Cost. Depending on the amounts and settings, you could end up with a surplus. So, if the contribution plan had a starting balance of $500 and was using these same benefits, the EE cost would be reduced to zero for everything and there would be a left-over amount of $340. You can set up the plan to keep or lose any overage when this happens.

@@ Line 11: / Line 11: @@
 <li>Medical – EE Cost is $0
 <li>Dental – EE Cost is $0
-<li>Vision – EE cost is $10
+<li>Vision – EE cost is $10</li>
 The balance of funds available is applied to each applicable plan until the money runs out, which in this case leaves only Vision with a small remaining EE Cost. Depending on the amounts and settings, you could end up with a surplus. So, if the contribution plan had a starting balance of $500 and was using these same benefits, the EE cost would be reduced to zero for everything and there would be a left-over amount of $340. You can set up the plan to keep or lose any overage when this happens.

@@ Line 5: / Line 5: @@
 <li>Medical – EE Cost is $100
 <li>Dental – EE Cost is $35
-<li>Vision – EE cost is $25
+<li>Vision – EE cost is $25</li>
 With the $150 employer contribution through the FLEX engine, the employee costs would potentially become:
 <li>Medical – EE Cost is $0
 <li>Dental – EE Cost is $0