Benefit Resource provides administration options to meet the unique needs of employers and their employees. The Beniversal Tax-free Benefits Account Suite allows clients to select one or more accounts in order to implement the most effective plan designs which complement the rest of their benefits offering. Our supplemental services allow clients to consolidate key benefit services from a service provider they trust. See how we can help your clients today.
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Types of Accounts to Consider
Employees can elect to pay for eligible workplace mass transit and parking expenses deducted from their payroll on a tax-free basis.
FSAs allow employees to pay for certain medical and dependent care expenses on a tax-free basis through payroll deductions.
HSAs allow individuals who are covered by an HSA-compatible health plan to save money to pay for eligible medical expenses on a tax-free basis.
Employers can assist employees with certain out-of-pocket medical expenses through an employer-funded HRA.
A Specialty Account allows employers to assist employees in paying for specific expenses. Employers choose what the plan can reimburse and set limits regarding eligibility, funding, and maximum spend per plan participant.
COBRA services ensure employers are compliant with the complex laws and notification requirements for continuation coverage of employer benefits during specific situations when group coverage would otherwise be lost.
Direct Billing occurs when employers directly bill employees to collect payments that can’t be collected through payroll deductions.