{"product_id":"next-generation-benefits-administration","title":"Next Generation Benefits Administration","description":"\u003cp\u003eNext Generation Benefits Administration\u003c\/p\u003e\n\n\u003cp\u003eWho is This Market Analysis For?\u003cbr\u003e\nNelsonHall’s Next Generation Benefits Administration report is a comprehensive market assessment report designed for:\u003cbr\u003e\nSourcing managers investigating sourcing developments within the Benefits Administration market  \u003cbr\u003e\nVendor marketing, sales and business managers developing strategies to target Benefits Administration opportunities\u003cbr\u003e\nFinancial analysts and investors specializing in the Benefits Administration market.\u003c\/p\u003e \n\n\u003cp\u003eKey Findings \u0026amp; Highlights\u003cbr\u003e\nNelsonHall’s market analysis of the Next Generation Benefits Administration market  consists of 75-pages. \u003cbr\u003e\nKey market developments include: \u003cbr\u003e\nThe benefits administration leading market driver is the need to modernize technology to simplify the participant, sponsor, and carrier experience to increase value and digitalize the process. DB plan administration growth continues due to talent shortages as key individuals retire from the workforce and skills are difficult to replace. Buyers are looking for agility and intelligent technologies as key features of transformed benefits administration operations\u003cbr\u003e\nOffering developments include deeper integrations, enhanced user experiences, decision support with AI, navigation including clinical advocacy, provider search, and increased cost transparency with “estimated out of pocket expenses” and financial wellness capability; investments in H\u0026amp;W global offerings continue\u003cbr\u003e\nMany providers added vaccine tracking services to their offerings in 2021\u003cbr\u003e\nThe industry is increasingly focused on cost savings\/containment and cost transparency considering the Health Plan Price Transparency rules in the U.S. \u003cbr\u003e\nVendors are investing in deeper partnerships with carriers and resellers and creating marketplaces enabling providers to onboard more easily \u003cbr\u003e\nVendors increasingly target mid-market organizations with “packaged” offerings leveraging commercial terms negotiated by the vendors and supported by “self-billing.”\u003cbr\u003e\n?\u003c\/p\u003e\n\n\u003cp\u003eScope of the Report\u003cbr\u003e\nThe report analyzes the worldwide market for Next Generation Benefits Administration and addresses the following questions:\u003cbr\u003e\nWhat is the market size and projected growth by geography?\u003cbr\u003e\nWhat is the profile of activity in the Next Generation Benefits Administration market by industry sector?\u003cbr\u003e\nWhat are the top drivers for adoption of Next Generation Benefits Administration?\u003cbr\u003e\nWhat are the benefits currently achieved by users of Next Generation Benefits Administration?\u003cbr\u003e\nWhat factors are inhibiting user adoption of Next Generation Benefits Administration?\u003cbr\u003e\nWhat pricing mechanisms are typically used within Next Generation Benefits Administration and how is this changing?\u003cbr\u003e\nWho are the leading Next Generation Benefits Administration vendors globally?\u003cbr\u003e\nWhat combination of services is typically provided within Next Generation Benefits Administration contracts and what new services are being added?\u003cbr\u003e\nWhat is the current pattern of delivery location used for Next Generation Benefits Administration and how is this changing?\u003cbr\u003e\nWhat are the challenges and success factors within Next Generation Benefits Administration?\u003c\/p\u003e","brand":"Service Industrries","offers":[{"title":"March, 2022 \/ 75 Pages \/ MCW16272207","offer_id":47707776024882,"sku":null,"price":4800.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/next-generation-benefits-administration","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}