Your Complete Section 125 Administrators

Assisting You With Any of Your Administration Needs

Established in 2006, Benecom Company is a full service Third Party Administer. Benecom Company strives to provide professional administration with a knowledgeable and friendly environment. Whether you’re a small, medium or large employer, Benecom Company can assist with any of your administration needs.

Benecom Company provides the technology and the service to both employers and participants with convenience and control. Whether your goal is to increase participation, lower benefits costs or simply transition to Consumer Driven Health based programs, Benecom Company has the FSA and HRA solution that will be right for your organization.

With our convenient “Take Care” card, your participants can enjoy the convenience of “swipe and go”. Whether the participant is enrolled in the Health or Dependent Care portion of the FSA, the card can be loaded with each benefit. Benecom Company will handle your entire FSA or HRA experience, from implementation, enrollment, and claims processing. By handling everything in house, we help to ease many of the problems associated with the administration.

In 2009 Benecom added COBRA administration to our Service package.

FLEX SPENDING
ACCOUNTS (FSA)

    • Allows you to set aside money for out-of-pocket medical expenses on a pre-tax basis
    • 25%-40% savings on taxes
    • Debit Card Available
    • 24-48 hour reimbursement of claims

DEPENDANT
CARE

    • Allows you to set aside up to $5000.00 for child care expenses on a pre-tax basis
    • 25%-40% tax savings
    • Debit Card Available
    • 24-48 hour reimbursement of claims

HEALTH REIMBURSEMENT ACCOUNT (HRA)

    • Employer sponsored high deductible health plan
    • Lowers health insurance premium
    • Reimbursement for employer approved medical expenses
    • Reduces employees out-of-pocket deductible
    • Quick and easy Reimbursement

PLAN DOCUMENTS PREPARATION

    • Flexible Spending Account (FSA)
    • Health Reimbursement Account (HRA)
    • Premium Only Plan (POP)

COBRA ADMINISTRATION

  • Initial Coverage Letters
  • Notification Letters
  • Group Health Insurance company notifications
  • COBRA Premium Collections