Innovation Drives employee satisfaction up

Offer your employees a better reason to enroll—Beniversal® flexible spending accounts from Benefit Resource

Employees save 30 to 40% on medical and dependent care expenses: a flexible spending benefit plan that creates buzz and boosts participation

Our Beniversal flexible spending accounts (FSAs) get employees excited about Section 125 benefits—and enrolled! When you've read all about how you, the employer, will benefit, take a look at how employees gain. Then contact us.

Higher employee participation: we average 25 to 30 percent

Our participation rate for flexible benefit plans is significantly above average for the industry and employer-run plans. We achieve it with extraordinary customer service, the ease of our Beniversal MasterCard® card, and exciting enrollment presentations.

Fast and convenient, our Beniversal card means no waiting for reimbursement


Beniversal MasterCard

Give employees on-the-spot access to their tax-free medical FSA funds for medical expenses. Employees just present the Beniversal MasterCard at a qualified merchant who accepts credit or Mastercard. With just a swipe, the necessary funds for the transaction are deducted from their FSA. No burden on their cash flow, no waiting for cash—especially appreciated when they're at the pharmacist counter at midnight!

Flexible spending account presentation

MasterCard means account integration, wide acceptance and security of employee funds

The Benefit Resource Beniversal card can be set up to access all of an employee's tax-free medical accounts—flexible spending accounts (FSAs), health savings accounts (HSAs) and health reimbursement accounts (HRAs). The card is accepted at qualified MasterCard merchants. A lost or stolen Beniversal card is easily replaced, and funds in their accounts are always guaranteed against loss.

A price-neutral guarantee: save more than you spend on flexible spending account administration

With our higher participation rates, we are confident that the savings your company will realize in FICA expenses—7.65 percent of eligible employee expenses—will more than offset the cost of plan administration.

We handle the administration: you get back to work

Employees can track the status of their accounts on our user-friendly web site. Claims and other communication travel directly between your employees and Benefit Resource. You can stay out of the loop! We handle:

  • Scheduled payroll deposits into FSA accounts
  • Weekly reimbursements of claims, direct to employees and/or their bank accounts
  • All employee questions
  • Employee tracking of their accounts, through our user-friendly web site

Turnkey enrollment programs: exciting and informative

We offer onsite enrollment presentations and a quick-paced Beniversal FSA Multimedia Presentation to get employees excited—and enrolled. Watch a preview.

We also provide posters, payroll stuffers, and other materials to boost participation.

National coverage: keep your employees moving wherever they work

The Beniversal MasterCard card works wherever your employees do. There are no geographic limits.

Proactive customer service: we create relationships

We have flexible spending administrators assigned solely to client human resources departments. They focus on developing a relationship with you. You'll deal with one person who knows you and your company.

Regulatory and legal compliance assured

Rely on our analysts and legal counsel to keep a careful watch over federal and state legislation and regulations. We'll keep you in compliance, and be sure that you're taking advantage of the most up-to-date benefits.

 




 

“We were looking for a way to help employees with the increasing costs of health care . . . Benefit Resource has been a home run for us.”

— Vicki DiLorenzo, Director of Human Resources, Albany College of Pharmacy

What are the limits?

Each company sets its own limits for medical FSA contributions. Most companies average between $1,500 and $2,500 per year. We can help you determine the limit that works best for you and your employees.

The federal government sets a $5,000 per year limit on dependent care FSA contributions.

Stay on top of it

Our web site allows you 24/7 access to your company's account so you can track employee participation in flexible benefit plans.

The proof is in the numbers

In a recent client survey, more than 95 percent gave our customer service experts exceptional grades for professionalism and courtesy. And 96 percent of our clients said they would recommend us to another employer.

It couldn't be easier!

See how our Beniversal FSA works.

Other ways to manage the high cost of health care

Read more about our Health Savings Accounts and Health Reimbursement Accounts.