Benefit Resource Named 2024 ADP Marketplace Partner of the Year
ROCHESTER, N.Y., March 20, 2024 – Benefit Resource (BRI), an Inspira Financial solution, has been recognized as Partner of the Year at the 2024 ADP Marketplace Partner Summit held in Atlanta, Ga. The annual awards program developed by ADP, a leading global technology company providing human capital management (HCM) solutions, recognizes strong ADP Marketplace partner performance across multiple award categories. BRI […]
Navigating Commuter Ordinances
Commuter ordinances have become integral in addressing the challenges of urban transportation, shaping the landscape of employee benefits and corporate responsibility. These local regulations aim to promote sustainable commuting options and reduce environmental impact. They intersect with pre-tax benefit programs, providing tax advantages for both employers and employees. Benefit Resource (BRI) shared our thoughts with […]
Millennium Trust Company and PayFlex Are Now Inspira Financial
Millennium Trust Company and PayFlex have rebranded as Inspira Financial. The new brand marks a significant milestone in the companies’ evolution into a comprehensive health, wealth, retirement, and benefits solutions provider to institutional business partners, employers, and individuals. Inspira unifies a diverse portfolio of technology-enabled solutions under a single purpose-driven brand focused on enriching lives and […]
Benefit Resource Launches Specialized Education Resources
BRI proudly introduces its New to Benefits Education Resources, designed to provide inclusive and accessible education on consumer-directed benefits and COBRA for a wide spectrum of professionals—ranging from new HR practitioners to seasoned experts and brokers. Recognizing the growing demand for comprehensive learning opportunities in the ever-evolving landscape of employee benefits, BRI’s education series aims […]
Where Do Commuter Benefits Fit in the Future of Work?
The pandemic has significantly transformed the nature of work, leading to a shift towards greater flexibility in work arrangements. However, the return-to-office trend can pose challenges, particularly for employees accustomed to remote work. BRI shared our thoughts with TalentCulture and emphasized the importance of balancing onsite work with remote options to promote team cohesion and […]
BRI Elevates Mastercard Partnership by Introducing HealthLock to Help Customers Protect Medical Data and Monitor Claims
ROCHESTER, NY — (October 17, 2023) — Benefit Resource LLC (BRI), a Millennium Trust solution and a leading provider of dedicated pre-tax account administration and COBRA services nationwide, announced today that it will offer HealthLock to its customers who use its Beniversal® Prepaid Mastercard®. This new platform helps protect cardholders’ medical data and monitors their medical […]
BRI and Our CEO Selected for the BenefitsPRO Luminaries Class of 2023
At Benefit Resource (BRI), we believe in putting people first, and it is with great pride and excitement that we share the news of our recent achievements in the second annual BenefitsPRO Luminaries Awards. BRI has been honored with not one, but two Luminaries awards, one in the Education and Communications category for our company […]
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 […]
BRI’s VP of Strategy is Honored in the Luminaries Class of 2022 for Education and Communication
At BRI, we believe that education and communication are critical when it comes to employee benefits. By educating employees about their benefits and staying communicative, employers can help ensure that employees are getting the most out of their benefits package – which is good for both the employer and the employee. Luminaries Class of 2022 […]
BRI is Honored in the Luminaries Class of 2022 for Humanizing Benefits
Benefit Resource (BRI) is thrilled to be honored in the inaugural BenefitsPRO Luminaries in the Class of 2022, in the category of Humanizing Benefits. This award recognizes our dedication to simplifying benefits for both employers and employees. In this post, we’ll explore what humanizing benefits means and why it is so important. Luminaries Class of […]
Investors Look to HSAs to Help Save for Retirement
Health savings accounts (HSAs) are becoming a popular way for investors to save for retirement. HSAs allow you to save money tax-free to use towards medical expenses. In addition, HSAs can be used to help fund your retirement. The money contributed to an HSA is not subject to federal income tax, and the money in […]
How To Communicate Important News To Your Company
Businesses across industries increasingly rely on key hires, funding updates and strategic pivots to drive growth. But when it comes time for these announcements how do you make them? Ineffective communication can leave employees feeling confused or disconnected from the company’s greater purpose–but effective disclosures bring teams closer together while aligning everyone with a shared […]
BRI Honored with Two BenefitsPRO Luminaries
BRI is thrilled to have received two honors in the inaugural BenefitsPRO Luminaries in the Class of 2022, one for the company in the Humanizing Benefits category and one for Becky Seefeldt, BRI’s Vice President of Strategy, in the category of Education and Communication. Luminaries Class of 2022 This professional recognition program celebrates top benefits […]
