United Technologies Selects HighRoads to Streamline its Summary Plan Description (SPD) Process

HighRoads Helps United Technologies Corporation Remain Strategic in Delivering Quality Services

BOSTON (July 14, 2009) - HighRoads, the company providing employers - for the first time - complete control over their health care information and cost, today announced the partnership with FORTUNE 500 industrial manufacturing giant, United Technologies (UTC), to help automate its benefits Summary Plan Description (SPD) process.

SPDs are a critical component in assuring compliance with ERISA regulations that call for the delivery of clear and current summary details for participants of an employer-based benefits program. Yet, developing SPD materials can be a costly and resource intensive process. By automating this detail-rich task using the HighRoads SPD Service companies such as UTC can conserve critical staff productivity for more strategic projects while assuring compliance with government regulations.

"We are very pleased with our recent partnership with HighRoads," said Natalie Morris, director of employee benefits. "SPD compliance is very important to UTC, and HighRoads has helped us automate what was once a very time-consuming, manual process and enabled us to ensure rapid SPD creation when plan details change."

"UTC is one of the most innovative companies when it comes to managing their human resource programs," said Michael Byers, president and CEO of HighRoads. "We're pleased to be playing a key role in supporting their compliance initiatives."

About HighRoads
The world's largest employers - such as United Technologies, Honeywell, IBM, Kraft, and Staples - choose HighRoads to gain complete control over their health care costs and compliance. With HighRoads' service, employers - for the first time - have online access to benefits plan information and pricing, competitive benefits benchmarks, and complete benefits supply chain management. The privately-held company is headquartered in Woburn, Mass.


HighRoads Company Contact:
Petra Marino
(781) 503-4031

HighRoads Media Contact:
Erin Jones
(704) 664-2170

To view the release, please go to http://newsroom.highroads.com/?p=658