Wondering if ALEX might be a good fit for your company – or your broker clients and prospects – for this year’s open enrollment? Here are six business reasons hundreds of companies (including those with as few as 100 and as many as 1,000,000 eligible employees) are already using and loving ALEX:
1. ALEX helps migrate employees into cost-saving HDHPs
Employees faced with a new HDHP option feel more comfortable making the switch after having a one-on-one interactive conversation with ALEX. Like, a lot more comfortable.
Black & Veatch saw a 68% enrollment in a new HSA plan, wildly exceeding their goal of 30% adoption.
2. ALEX can save companies a boatload of cash
ALEX can drive big savings by reducing or eliminating printing, mailing, and travel costs–and significantly lowering employers’ exposure to the ‘Cadillac tax’ – by moving people into higher deductible options.
Adobe used ALEX to migrate 62% of its workforce into a new HDHP plan–and reduced its tax liability by a whopping $4.7 million. Read the Adobe case study.
3. ALEX is extremely convenient for all employees – no matter their schedule or location
Because ALEX is available online around the clock, employees working in multiple locations, or without easy access to their HR team or a computer, can access a personalized benefits conversation at their convenience.
Medtronic used ALEX to reach more than 25,000 employees at 20 locations nationwide. Read the Medtronic case study.
4. ALEX reduces stress and saves time for busy HR departments
Easy to understand and available to revisit year-round, ALEX significantly reduces calls, emails, and the need for HR departments to travel around giving benefits presentations (which also saves money).
5. ALEX is 350% more engaging than a benefits video
Studies show that only 50% of people make it all the way through a two-minute video. The average time spent with an interactive ALEX conversation? Seven minutes.
6. ALEX is proven to make employees significantly smarter about their benefits
According to exit polls, almost 90% of employees who use ALEX say they better understand and appreciate their benefits. Below is just a handful of the many nice things actual employees have said about ALEX:
“Thank you! We figured out our plan in 15 minutes, and ALEX took the intimidation of the process out of the way!”
“You are so natural. Thank you for not being a stuffy corporate gobbledygook presentation!”
“Excellent! The price estimator was very handy. I liked being able to change scenarios and see the results on dollar amounts.”
“I really enjoyed the humor and feeling like it was a real person talking to me.”