Benefit Resource Acquires Pro-Flex
ROCHESTER, NY, August 29, 2023 –Benefit Resource (BRI), a Millennium Trust solution and a leading provider of FSAs, HRAs, HSAs, commuter plans, and COBRA administration services, announced the acquisition of Pro-Flex Administrators (Pro-Flex), a third-party benefits administrator, with a focus on consumer-driven benefits, benefit continuation, and compliance services. This marks the first acquisition for BRI […]
How to Lower Out-Of-Pocket Healthcare Costs
Rising healthcare costs in the U.S. are leading many Americans to avoid medical care due to financial concerns. Employers can play a vital role in mitigating this issue by implementing small changes. The U.S. has exorbitant healthcare expenses, reaching $4.3 trillion with significant medical debt. To address this challenge, Becky Seefeldt, VP of Strategy at […]
Unlock The Power Of Employee Benefits
As employers work to navigate these uncertain times, offering effective and comprehensive benefits packages have become a priority. Offering healthcare financial tools such as health savings accounts (HSAs) and flexible spending accounts (FSAs) are an important part of any employee’s suite of employee benefits. While evaluating the types of products offered is necessary to ensure […]
Millennium Trust Completes Acquisition of Benefit Resource, LLC
Combined product offerings will accelerate growth and create a best-in-class solution within the health and benefits category. OAK BROOK, Ill., July 13, 2023 (Newswire.com) – Millennium Trust Company, LLC, a leading provider of health, wealth, retirement, and benefits solutions, today announced the acquisition of Benefit Resource, LLC (BRI), a leading provider of FSAs, HRAs, HSAs, commuter plans, […]
FSA and HSA Eligible Expenses That May Surprise You
Taking care of our health is a top priority, but it can also be expensive. Luckily, pre-tax savings benefits like FSAs and HSAs can help alleviate some of that financial burden. However, many employees may not realize the extent of which expenses are actually eligible. By taking advantage of eligible expenses, employees can stretch their […]
BRI Events Update
As a leading pre-tax benefits provider, Benefit Resource (BRI) has actively participated in various events to showcase our innovative solutions and expand our network. We recently attended several industry gatherings and plan to attend more in the near future. This blog post will update you on what tradeshows we’ve been to and what shows we plan to attend. For those always on the lookout for the latest employee benefits, this post is for you!
Top 10 things participants need to know about HSAs
As an employer, you want to support your employees’ health and financial well-being. Offering a Health Savings Account (HSA) can be a valuable tool to achieve these goals. An HSA is a tax-advantaged savings account that can be used to pay for medical expenses. It can be a great way to help your employees protect […]
Top 9 HSA Questions From Employers and Employees
Health savings accounts (HSAs) are quickly becoming a popular benefit among employers and employees alike, as they offer an easy way to save money on healthcare expenses. But the complex structure of HSA’s can leave employers and employees questioning exactly how HSAs work. BRI’s VP of Strategy, Becky Seefeldt, has taken the time to answer […]
Saving vs. Spending: The Difference Between HSAs and FSAs
When it comes to managing the health and well-being of employees, employers must understand what’s best for both their organization and individuals. That includes being aware of how Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can play a role in helping staff save money—which could result in improved financial security among company members. […]
Can Commuter Benefits Help Employees Return to the Office?
In these ever-changing times, commuter benefits are becoming increasingly important. Comprehensive commuter benefit programs provide employees with flexible transportation choices and employers with a visible commitment to their workforce’s wellbeing. As more people return to the office for at least part of the week, commuter benefits enable employees to make informed decisions about how they […]
More than FSAs: Get Employees Ready for Open Enrollment
Open enrollment can be a daunting time for employees, especially if they’re not familiar with all of the benefits their company offers. Many employers offer Flexible Spending Accounts (FSAs) as a way to help employees cover out-of-pocket medical expenses. FSAs are a great way to save money on things like co-pays and prescriptions, but they’re […]
The Importance of a Year-Round Benefits Communication Strategy
The benefits landscape is ever-changing, and so are the needs and expectations of your employees. An effective benefits communication strategy should be agile enough to keep up with the times and address the specific concerns of your employees. Providing your employees with a comprehensive benefits package is important. Not only does it help attract and […]
