Related Products
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About
Benefitbay leverages an all-new benefit option called ICHRA, which allows employers to reimburse employees for individual health plans while maintaining the tax advantages of a group insurance policy. Benefitbay gives employees the purchasing power to buy the best benefits to meet their own specific needs. We’ve zeroed in on the key features of ICHRA and built a platform focused on simplicity, compliance, smooth deployment, savings, and support. Arrange employees into approved classes like location, salaried vs. hourly, and age. Set your budget and assign a strategic contribution for each class. Employees are guided through simple shopping & enrollment. They can select any individual plan available to them in their location, on or off exchange. Advanced Reimbursement Accounts (ARC) are funded for automatic monthly premium payments. Pre-tax payroll deductions are set up for off-exchange plans & all plan documents are created.
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About
VIMA is an advisory-driven, technology-led employee benefits partner helping businesses manage health insurance with greater clarity, control, and accountability.
We combine independent insurance advisory, data-led benefit design, policy management, claims support, employee servicing, and wellness in one connected ecosystem. Our platform enables HR teams to manage policies, endorsements, claims, health cards, onboarding, and employee support efficiently.
VIMA goes beyond insurance placement by analysing claims, utilisation, and cost drivers to recommend benefits that balance employee needs with long-term cost sustainability. Employees receive 24/7 support, claims assistance, cashless coordination, wellness benefits, and easy access to policy information.
VIMA brings together institutional expertise, technology, and dedicated human support to make employee benefits simpler and more effective.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Platform for brokers, employers, and employees that enables quick and simple ICHRA deployment
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Audience
GCC, MNCs
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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PricingCustom Pricing
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationBenefitbay
Founded: 2013
United States
www.benefitbay.com
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Company InformationVIMA
Founded: 2024
India
www.hellovima.com
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Alternatives |
Alternatives |
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Categories |
Categories |
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Benefits Administration Features
Claims Management
COBRA Administration
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
Flexible Spending Accounts
FMLA Administration
For Brokers
For Employers
FSA Administration
Health Insurance Administration
HIPAA Compliant
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management
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Integrations
No info available.
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Integrations
No info available.
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