Managing benefits can be complex and time-consuming, but with Benefit Services from isolved, it's easier than ever to stay compliant while giving employees the benefits they want and need. You'll have access to COBRA management, flexible spending accounts, health savings accounts, health reimbursement and transportation/parking plans, all delivered by a company with over 30 years of experience in the benefits industry.
Your trusted partner in third-party benefits administration & compliance.
Backed by a regional network of benefit administration professionals across the United States and with over 12 million notices sent with zero penalties assessed by the IRS or DOL, isolved Benefit Services acts as extension of your HR department or management team. Achieve maximum efficiency with solutions designed to reduce manual effort, accelerate success, and maximize your employee benefits engagement and adoption.
Key Solution Features
Simplified COBRA management for your eligible employees.
Flexible Spending Accounts
Includes debit cards for participants, necessary documents, Resource Centers for employers and participants, direct deposit, reports, and nondiscrimination tests.
Health Savings Accounts
A tax-exempt trust/custodial account for paying qualified medical expenses of the account beneficiary.
Employer-sponsored benefit plan for qualified parking, transit passes, and vanpooling (commuter highway vehicle) expenses.
Health Reimbursement Arrangements
Employer-designed and funded plans for out-of-pocket medical expenses.