Lincoln Financial launches LincSmart
Lincoln Financial Group announced the launch LincSmart, a new solution that streamlines the benefits management experience for Lincoln’s employer customers.
LincSmart integrates with employers’ existing systems for real-time data exchange. Some of the use cases include:
- Absence status: Real-time delivery of claim and leave status updates.
- Evidence of Insurability (EOI) decisions: Instantaneous updates from Lincoln to an employers’ enrollment system, saving valuable time on EOI decisions.
- Enrollment and member maintenance: Real-time updates made to member eligibility data that helps make the claims process more efficient.
- Plan design: Automated transfer of plan design information from the Lincoln system into an employers’ enrollment system, reducing manual input and errors.
“Administering employee benefits needs to be simple so employers can focus on what they do best — helping their employees. The LincSmart solution makes it easier to understand which benefits management options are available, how they can improve processes and how to engage us for consultation. Our goal is to help our employer partners stay efficient and competitive with automated InsurTech solutions that maximize their valuable time.” – Patrick Sullivan, vice president, InsurTech Partnerships, Lincoln Financial Group.
“Our Workplace Solutions organization is committed to helping drive positive outcomes for employers, employees and their families. Not only will our LincSmart solutions help reduce administrative burden for employers, they also help employees further understand their options, allowing them to better protect their finances today and secure their tomorrow.” – Sharon Scanlon, senior vice president, Customer Experience, Marketing and Transformation at Lincoln Financial Group.