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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Benefitbay introduces a revolutionary benefit option known as ICHRA, which enables employers to reimburse their workforce for individual health plans while preserving the tax benefits associated with traditional group insurance policies. This innovative approach empowers employees to choose the most suitable benefits tailored to their unique requirements. Our focus is on the essential attributes of ICHRA, resulting in a user-friendly platform designed for ease of use, compliance, efficient deployment, cost savings, and robust support. Employers can categorize employees into designated classes based on criteria such as location, job type, or age group. After establishing a budget, they can strategically allocate contributions for each categorized group. Employees benefit from a straightforward shopping and enrollment process, allowing them to select any individual health plan available to them, whether on or off the exchange. Additionally, Advanced Reimbursement Accounts (ARC) facilitate automated monthly premium payments, while pre-tax payroll deductions are organized for off-exchange plans, and all necessary plan documentation is efficiently generated. This setup ultimately enhances employee satisfaction and engagement in managing their health benefits.

Description

WEX streamlines benefit management for all users through its cutting-edge, adaptable, and individualized benefits platform. We recognize that enhancing accessibility is key to fostering both engagement and satisfaction among account holders. With the WEX benefits platform, participants can conveniently access and oversee all their benefits through a single online account, a unified mobile app, and just one debit card. Our advanced technology smartly selects the appropriate benefits account (utilizing the correct percentage and sequence) during transactions, allowing participants to rely on a single debit card regardless of their enrollment in various benefits (such as health or commuter). As a result of the WEX benefits platform, participants can effortlessly manage their health benefits (including HSA, FSA, and HRA) alongside commuter perks, all from a single online account that provides a comprehensive view of contributions, transactions, notifications, and additional information in a centralized location. This integration not only enhances user experience but also encourages better financial management and planning for participants.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Clue
GPS Insight
Linxup
MobiWork
PCS TMS for Shippers and Carriers
Rastrac
Toro TMS
Truckin Digital

Integrations

Clue
GPS Insight
Linxup
MobiWork
PCS TMS for Shippers and Carriers
Rastrac
Toro TMS
Truckin Digital

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Benefitbay

Founded

2013

Country

United States

Website

www.benefitbay.com

Vendor Details

Company Name

Evolution1

Founded

1983

Country

United States

Website

www.wexinc.com/products/benefits/

Product Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Product Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

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