benefitexpress Completes Strategic Integration After Acquisition

Written by Julia Goebel | October 3, 2016

benefitexpress-completes-strategic-integration-after-acquisition

Integrated approach to benefits administration streamlines access for employers and employees Companies will showcase solutions at HR Technology Conference in Chicago this October.

SCHAUMBURG, Ill.  benefitexpress and Optum today announced a new integrated approach for employers to help employees better understand and manage their benefits and health care services.

Together, the two companies offer more complete and streamlined services to their clients. Optum will use benefitexpress as its enrollment service provider, offering benefitexpress’ full suite of benefit selection and enrollment technology to employers, along with the back-end administrative services and support employers need to make benefits easy to access and understand for their employees. When the relationship is fully implemented, benefitexpress will refer its clients to industry leader Optum Bank® for Health Savings Account (HSA) services.

“benefitexpress and Optum are offering our clients a simplified and intuitive end-to-end experience for their employees, including access to multiple products through a single portal,” said Glen Kvadus, vice president, Optum Consumer Solutions Group. “Simply stated, this will make it easier for employers to manage benefits and services for their employees.”

Optum delivers products and services that advance care, use data-driven decision-support solutions, and empower people to take control of their own health. benefitexpress offers a flexible, cloud-based platform for employee benefits and health exchange services. “Clients will appreciate the full service, easy to navigate benefit administration enabled by the complementary services we are integrating through this relationship,” said Michael Sternklar, CEO, benefitexpress.

The two companies will feature the new services at the HR Technology® Conference, a leading conference & expo on technology for Human Resource executives and professionals in Chicago on October 4-7, 2017. For more information about the conference, visit www.hrtechnologyconference.com.

About benefitexpress

benefitexpress delivers industry leading benefits administration to employers and partners and is always ‘at the ready’ for their employees.  Delivering client-tested integrated benefits administration, benefitexpress provides technology, flexibility and customer services to the simple and most complex benefit plans. Services span a suite of end-to-end solutions including a full-service call center, daily administration, integrated ACA administration, reimbursement account administration, dependent eligibility audits, and total compensation statements.

About Optum

Optum is a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. With more than 100,000 people worldwide, Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health. Optum is part of UnitedHealth Group (NYSE:UNH). For more information, visit www.Optum.com.

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Topics: Press Release, Benefits Technology