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What is bswift?

Choosing the right partner for benefits administration can elevate your strategy from simply addressing problems to effectively leveraging your benefits investments. Our organization is driven by a philosophy centered on people and a focus on solutions, which inspires us to engage deeply with your goals and work collaboratively on strategies to meet them. Understanding that each client possesses unique requirements, we emphasize adaptability and creativity to fulfill those needs. We recognize that the benefits enrollment process can often feel overwhelming, and thus our aim is to simplify the journey, ensuring clarity at every step. Through bswift, we eliminate unnecessary hurdles, leading users down uncomplicated paths while avoiding convoluted terminology related to health care and insurance. Consequently, employees gain full control over their enrollment process from start to finish, leading to an experience that is both seamless and empowering. Our dedication to transparency and user empowerment not only enhances the benefits experience but also cultivates increased engagement and satisfaction among employees, ultimately contributing to a more positive workplace environment. By prioritizing these aspects, we strive to transform the entire benefits administration process into a more effective and rewarding endeavor for all involved.

What is Benefitbay?

Benefitbay has launched a groundbreaking benefit solution known as ICHRA, which allows employers to reimburse employees for their individual health insurance plans while still reaping the tax advantages that come with group insurance. This system empowers employees to select benefits that best meet their personal needs and preferences. Our platform prioritizes essential ICHRA functionalities, focusing on user-friendliness, adherence to regulations, effortless implementation, cost efficiency, and robust support. Employers have the flexibility to classify their workforce into different categories based on factors such as location, job type, and age. Once they set a budget, they can strategically assign specific contributions to each group. Employees will appreciate a simplified shopping and enrollment experience, enabling them to choose from any individual plan available in their region, whether it is part of the exchange or not. Additionally, Advanced Reimbursement Accounts (ARC) are put in place to ensure automatic monthly payments for premiums, and pre-tax payroll deductions are implemented for off-exchange plans, enabling the efficient generation of all necessary plan documentation. This holistic strategy not only simplifies the benefits administration process but also significantly boosts employee satisfaction by providing tailored options that cater to individual needs. As a result, organizations can foster a more engaged and content workforce, ultimately leading to improved employee retention.

Media

Media

Integrations Supported

Sequoia

Integrations Supported

Sequoia

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

bswift

Date Founded

1996

Company Location

United States

Company Website

www.bswift.com

Company Facts

Organization Name

Benefitbay

Date Founded

2013

Company Location

United States

Company Website

www.benefitbay.com

Categories and Features

Benefits Administration

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

Categories and Features

Benefits Administration

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

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