Benefits summary statement
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
|Enabled for||Public preview||General availability|
|Users by admins, makers, or analysts||Jul 2021||Aug 2021|
Providing a consolidated view of benefits that an employee is covered for is a key part of helping employees understand their benefits package. This view across different sections of employees or locations gives benefits administrators a perspective of total average spend by employee segment or benefits type, which helps with benefits planning.
The benefits summary statement will include:
- Coverage by benefit area and plan type.
- Total employee contribution against the benefit area.
- Total employer spend.
- Flex credit spend (if applicable).
- Dependent coverage.
- Beneficiary details across eligible plan types.