Audience

Platform for brokers, employers, and employees that enables quick and simple ICHRA deployment

About Benefitbay

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.

Workterra
Workterra
Workterra is a fully configurable, easy-to-use benefits administration and enrollment platform built to simplify the growing complexity of benefits for HR and employees. Leading employers, brokers and carriers choose Workterra for its unmatched flexibility, robust reporting capabilities, and intuitive user experience. Workterra’s industry-leading technology, together with a comprehensive suite of administrative services backed by a dedicated service team of benefits experts, helps clients deliver a personalized employee enrollment experience, reduce administrative burden and streamline data exchanges with the utmost accuracy and security.
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Paychex Flex
Paychex Flex
(7 Ratings)
Paychex Flex is an all-in-one HR software solution that you can build on as your business grows or changes. Use it to run payroll and integrate your HR administration, retirement, and insurance management with service the way you want it and our expert knowledge of the regulations that could affect your business. The more HR functions you bring to Paychex Flex, the more accuracy and efficiency you’ll gain. It can help you: • Recruit and track the best candidates • Streamline hiring and onboarding • Deliver key HR information through custom compliance documents, compensation summaries, performance reviews, company training, and more • Manage health insurance, including compliance support • Administer employee benefits • Track time and attendance data • Pay employees and file and pay your taxes • Plan for retirement, from testing, to real-time reports, and participant enrollment and management
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PeopleKeep
PeopleKeep
PeopleKeep offers health reimbursement arrangement (HRA) and employee stipend administration software that allows organizations to create individualized benefits packages to improve employee engagement and strengthen workplace culture. Employees increasingly expect more customized and diverse benefits from today’s employers. In order to recruit and retain top talent, employers need to incorporate more flexibility and inclusivity into their benefits packages. With PeopleKeep, employers can develop a personalized benefit plan that increases employee satisfaction, reduces administration tasks, and serves as an essential tool in retention and recruitment.
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Remodel Health
Remodel Health
Our health benefits software helps employers choose a monthly allowance to go towards employee healthcare, allowing members to shop for their own individual healthcare coverage. Designed to integrate seamlessly with our process, the Remodel Health software provides employers and their staff with a simple dashboard that allows users to engage, connect, and assess their healthcare options. Our health benefits software helps employers choose a monthly allowance to go towards their employees' healthcare plans. Remodel Health lets you choose the best strategy to cut costs and care for your team. Toggle between the WageUp™ or individual coverage HRAs (ICHRA) calculator modes to compare your savings results.
Learn more

Integrations

No integrations listed.

Ratings/Reviews

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features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Company Information

Benefitbay
Founded: 2013
United States
www.benefitbay.com

Videos and Screen Captures

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Product Details

Platforms Supported
SaaS
Training
Documentation
Webinars
Videos
Support
Online

Benefitbay Frequently Asked Questions

Q: What kinds of users and organization types does Benefitbay work with?
Q: What languages does Benefitbay support in their product?
Q: What kind of support options does Benefitbay offer?
Q: What type of training does Benefitbay provide?

Benefitbay Product Features

Benefits Administration

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