More employers are outsourcing benefits than ever before. Benefits outsourcing is a desirable alternative for many companies, particularly those companies in the mid to large-size market. Health care reform concerns and the complexities of compliance are cited as reasons for the increase in benefits outsourcing among organizations.
Outsourcing benefits compliance provides companies accessible subject matter knowledge and expertise. It can also greatly reduce the administrative burden on in-house administrative staff.
Feedback on outsourcing benefits has been overwhelmingly positive, as outsourcing arrangements generally meet or exceed employers' expectations. It is clear that outsourcing provides a real value for employers.
BAS provides many services that are valuable to employers. BAS' enrollment and eligibility administration, COBRA and FSA/HRA services, and customizable billing capabilities can greatly reduce burdens places on in-house HR professionals. BAS's HR Services, consisting of specialized COBRA and HR Q&A support, along with notice drafting and distribution, SPD and SMM compliance services, can help employers make sure their benefits are being administered correctly. If you would like more information about any of these services, please contact Sales@BASusa.com.