This top insurance company offers and generously subsidizes a robust package of benefits for their own employees. How do they make sure that their employees are confident and knowledgeable about all of their options? We sat down with them to discuss open enrollment, benefits education, financial freedom and more.

Case Studies

Understanding Open Enrollment at One of America's Top Insurance Companies

_New advisor, Don Weinstein, joins Nayya as the company continues to scale product innovation across the U.S., following a 17 year tenure leading Global Product and Technology for ADP._

NEW YORK, May, 17th, 2023 -- Nayya Health, Inc. ("Nayya"), a leading benefits experience platform, announced today Don Weinstein joins the team as Special Advisor to advance Nayya’s proven decision support technology that helps employees make informed decisions about their health and financial wellness.

Don Weinstein comes to Nayya after 17 years at ADP, the largest payroll company in the United States, where he held a variety of leadership positions such as Chief Strategy Officer, SVP of Product Management, and VP of Corporate Strategy, achieving monumental results such as the completion of numerous strategic acquisitions, transitioning the global product management to an Agile organization and standing up the ADP Ventures group which built organic, net-new revenue-generating businesses. Most recently he served as Global Chief Product and Technology Officer overseeing all aspects of ADP’s global technology strategy and delivery.

“As a Nayya advisor, Don will provide product strategy insights by innovatively challenging the status quo to support organizational growth, while ensuring a top-tier personalized benefits experience,” said Sina Chehrazi, CEO and Co-Founder of Nayya. “Don’s experience in the Human Capital Management (HCM) space is unparalleled and we are thrilled to welcome him to the organization where his repeated success in building top-of-the-line products equips Nayya to successfully scale our mission to help millions of Americans make data-driven benefits decisions with confidence.”

Weinstein shared, “In my nearly two decades in the HCM space, benefits experience has long been neglected, but Nayya is changing that with their extensive best-in-class patents and deep technology enabling employees to make the best, most affordable benefits choices for their families.” 

**About Nayya** At Nayya, we believe there is a better way to choose and use benefits: A more transparent, less confusing way where employees feel more confident in their decisions which help drive better health and financial outcomes. We do so by enabling consumers to make informed benefits choices and interactions during open enrollment, new employee onboarding, qualifying life events, and throughout the year. It’s one of the most stressful and challenging situations consumers face – and we see that as an opportunity to build an innovative response that can help millions of Americans avoid confusion and reach their health and financial potential. Visit [nayya.com](https://www.nayya.com/) for more information.


New advisor, Don Weinstein, joins Nayya as the company continues to scale product innovation across the U.S., following a 17 year tenure leading Global Product and Technology for ADP.


News

Don Weinstein Joins Nayya as Special Advisor to the  CEO and Leadership Team

What’s keeping your company from implementing a robust benefits administration platform? If the answer is cost, you’re not alone. In most cases, cost is the number one factor keeping many organizations from upgrading their benefits administration platforms, informally known as “ben admins.”

Many employers are unaware that tech credits and long-term savings can offset the cost issue. But what exactly are tech credits, and how do they work? More importantly, how can they lead to an improved employee benefits experience?

Let’s dive right in!

## What are Tech Credits?

Tech credits are a form of carrier subsidies meant to partially or fully offset the costs of implementing a benefits-related technology such as benefits administration or benefits decision support platforms.

Carrier subsidies are offered in two forms, one being a percentage of the premium and the other being a flat dollar amount, both intended to be allocated to the employer's enrollment technology.

These subsidies help establish a system that improves the employee and employer experience while creating a long-term partnership between the employer and the vendor.

Every technology upgrade is an investment involving installation, service fees, and the cost of training the employees. By improving the benefits enrollment and utilization experience, streamlining billing and other services, and enhancing data transfers between the carrier and employer, a technology subsidy is a win-win situation for all — the carrier, the broker, the employer and the employee. 

![Tech Credits (2).png](https://nayya.nyc3.cdn.digitaloceanspaces.com/e7b769be7242c02e6fbddf5ce2527c85.png)

## The Benefits of Tech Credits

Offsetting the costs of implementing a benefits administration platform can help organizations in a number of ways.

### Benefits to Employers

Companies understand that great benefits help attract and retain top talent. But with millennials and Gen Zers making up the majority of today’s workforce, presenting said benefits in a tech-savvy way is a must.

Why? Because they expect online convenience, on-demand services, and access to information on the go, leaving organizations challenged to deliver intuitive and [user-friendly benefits experiences](https://www.nayya.com/blog/healthcare-eBook-predictions).

By reducing the cost of the technology, employers are presented with a fiscally sound opportunity to implement these systems, turning these expectations into reality. And in turn, your workforce will see that you’re continually investing in them, leading to higher employee satisfaction and boosted retention rates.

### Benefits to Employees

Benefits are crucial to establishing your employees’ financial and physical wellness. You can equip them with a comprehensive process through technologies like benefits experience platforms that provide:

- **Benefits awareness:** Increased visibility of your benefits portfolio so your employees are informed of the breadth and depth of what you’re offering them
- **Benefits education:** Enables your workforce to understand their benefits and the value of each of them so they can confidently select what will best support their families’ benefit needs all-year round
- **Benefits allocation:** Empowers your employees to appropriately utilize their benefits based on their individual/family needs for coverage and security

## In a Nutshell

Investing in a robust benefits experience helps employers streamline processes, increase their benefits ROI, reduce HR admin burden and improve employee benefits experience during [Open Enrollment](https://www.nayya.com/blog/large-insurance-carrier) or qualifying life events. It also increases employee’s awareness and education of their offered benefits to help them select what’s best for their needs. 

But the time and heavy fiscal investment deter many organizations from upgrading their benefits experience that would produce these results. By leveraging carrier subsidies in the form of tech credits, you can implement a top-of-the-line benefits solution like Nayya, at a fraction of the price.

If you’re unsure about your organization’s eligibility to receive tech credits, reach out to your insurance carrier or broker. And if you’re ready to see how implementing a benefits solution that drives cost savings for employers and employees — [get in touch with us today](https://www.nayya.com/contact-us).

Nayya is a benefits experience platform that provides personalized decision support and guidance for employees based on their mental, physical, and financial needs.  Powered by millions of data points and an AI engine, our solution delivers decision support and guidance during new employee onboarding, open enrollment, qualifying life events, and in the moments that matter all year round. 


Discover how to fund a better benefits experience by leveraging tech credits. Learn what tech credits are, how they work, and how they can lead to an improved employee benefits experience.

Thank you for getting in touch!

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Understanding Open Enrollment at One of America's Top Insurance Companies

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