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3 reasons to create an integrated benefit program with Employee Benefits Corporation.
  1. Expert plan design setup
    2.                        
  2. Interact, review and report on benefits from a single, convenient online source
    3.                    
  3. In-house customer service and compliance teams                


1. Expert Plan DesignOur plan design experts help provide the maximum benefit for participants as well as meeting business needs.

            2. Interact, Review and ReportWhether a benefit plan covers multiple divisions or a single organization, My Account Administrator, our online account management portal, offers comprehensive invoicing and claims reporting that reflects the activity of all plans.







 Monthly fee invoices include each benefit and division. If our auto-debit payment option is used, the financial account authorized is debited for the consolidated amount of all plans in place. This process reduces the volume of bank transactions and maximizes convenience. We also offer flexibility in payment methods by plan type.

            3. In-house Support Our in-house Employer and Participant Services teams open the lines of communication between us, employers and participants.

  •  assign each client a dedicated member of the Employer Services team – a Client Liaison – so each client gets personalized support from someone familiar with their plan.
  • Participants talk with a team of representatives who understand their perspective and provide the best possible guidance.

           

Our in-house Compliance team works to make sure all benefits comply with various laws and regulations, including Section 125 of the IRS tax code, ERISA, HIPAA and COBRA.

 Doug Cliff and Kent Smith working together

Left to Right: Doug Cliff, Account Executive, Kent Smith, VP Business Development
Here’s a very simple example:
Acme Widgets has a  high-deductible group health plan with a $2500 deductible.

Their EBC HRA pays 80 percent of each eligible, out-of-pocket expense, with participants picking up the remaining 20 percent.		 Participants can elect the BESTflex Plan and have funds deducted from their paycheck to cover their 20 percent of the deductible or $500, pretax (participants can increase their election amount to cover other eligible, out-of-pocket expenses, like vision expenses). If a participant incurs a $500 eligible medical expense before their deductible is met, the EBC HRA pays $400. The participant then uses the BESTflex Plan to be reimbursed for and pay the remaining $100. Once the deductible is met, the group health plan coverage begins. For any plans in effect when the participant terminates, COBRASecure notifies the participant and offers continuation coverage. COBRASecure manages notifications, premium payments to the employer and provides compliant continuation administration.
We make EBC HRA plan design easy
How stored-value debit cards add value to a plan
Reasons to Create an Integrated Benefits Program
Copyright 2012 by Employee Benefits Corporation
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