Gusto Embedded<\/span><\/a> has partnered with <\/span>SimplyInsured<\/span><\/a> to provide our partners with a seamless, self-serve health insurance platform so their customers can shop for small business health insurance plans and manage their coverage online. <\/span><\/p>\n \u201cWe\u2019re thrilled to announce our partnership with SimplyInsured so that our embedded partners can quickly and easily offer their customers health insurance options. Payroll and benefits are deeply connected and the compliance around both products demands focus and expertise. Bringing both products together in one developer platform will ultimately mean time saved and fewer headaches for small businesses.\u201d<\/span><\/i><\/p>\n \u2014 Yi Liu, GM, Gusto Embedded<\/span><\/p><\/blockquote>\n Part of running a successful small business includes taking care of employees. However, as <\/span>SimplyInsured points out<\/span><\/a>, health insurance coverage can be confusing, time-consuming, and expensive.<\/span><\/p>\n Large businesses routinely offer health insurance coverage for employees and this pushes small businesses to also provide coverage in order to <\/span>compete for talent<\/span><\/a>. Additionally, an employer-sponsored health insurance plan <\/span>may cost less<\/span><\/a> for employees than if they signed up for similar coverage via a government marketplace on their own plan.<\/span><\/p>\n Integrating payroll and health insurance for small business customers streamlines the administrative burden involved in providing coverage and saving employers\u2019 time. Payroll customers that opt into the health insurance flow will find key company information is automatically shared with SimplyInsured to reduce the number of inputs needed from the customer to provide health, dental, and\/or vision policy quotes. Employee contributions can also be automatically deducted from paychecks with each payroll run, reducing the chance of errors.<\/span><\/p>\n Additionally, bundling health insurance with payroll services offers the opportunity to overcome objections from some payroll customers and aligns with regulatory mandates, such as the Affordable Care Act (ACA). Businesses with 50 or more full-time employees are obligated to offer health insurance. While not mandated, smaller businesses may choose to provide coverage and if they do must meet ACA requirements.<\/span><\/p>\n \u201cWe are thrilled to partner with Gusto Embedded to serve high-quality health insurance in a simple and integrated fashion. The combination of payroll and health insurance provides critical cost and time savings to small businesses so they can focus on what they do best \u2014 while Gusto and SimplyInsured take care of the administrative details.\u201d<\/em><\/p>\n \u2014 Vivek Shah, Founder & CEO, SimplyInsured<\/p><\/blockquote>\n In many cases, managing small business health insurance involves complex procedures, separate enrollments, and additional documentation.\u00a0<\/span><\/p>\n SimplyInsured\u2019s self-serve platform offers employers an easy way to shop for health, dental, and vision insurance plans. SimplyInsured offers small business health insurance plans from most major carriers and helps provide <\/span>cost-friendly options<\/span><\/a>. By including health insurance in the initial onboarding through the payroll sign-up process, our embedded partners can provide customers with a fully digital interface to review different coverage options. Customers can also add their payment information without leaving SimplyInsured\u2019s application.<\/span><\/p>\n Once an employer has provided the necessary information and selected a health insurance plan for a quote, SimplyInsured works with the carrier to turn around a price quote for the customer. SimplyInsured\u2019s teams can also help employers understand their options when evaluating plans and offer access to a dedicated customer support team for customers who have enrolled for health insurance via their platform.<\/span><\/p>\n SimplyInsured provides its services, recommendations, and online platform at no cost to employers.<\/span><\/p>\n \u201cSimplyInsured\u2019s technology turns the complex legalese of health plans into straightforward cost comparisons. Our algorithm ranks each plan on premium vs. coverage provided and the ranking is customized for each individual small business (SMB). That means owners get instant quotes and easy-to-understand plan comparisons. And by providing small businesses with clear comparisons, they are able to pick the right coverage for their organization.\u201d<\/span><\/em><\/p>\n \u2014 Vivek Shah, Founder & CEO, SimplyInsured<\/span><\/p><\/blockquote>\n Gusto Embedded partners do not need to do additional front-end work to offer SimplyInsured\u2019s self-serve quote and signup UI. The option for end-customers to opt into the SimplyInsured quote flow is available via pre-built Flow and can be implemented just as quickly as the <\/span>nearly three dozen other pre-built Flows<\/span><\/a>.\u00a0<\/span><\/p>\nA natural fit: payroll and health insurance<\/b><\/h2>\n
Why SimplyInsured<\/h2>\n
How will embedded payroll partners integrate SimplyInsured into their platform?<\/b><\/h2>\n