benefits administration

Posted November 5th, 2020 in Employers, Producers

When’s the last time your FSA or HRA administrator exceeded your expectations? Are you tired of dealing with claims issues, customer service let-downs, and unhappy employees? You need a better benefits administrator.

As a trusted benefits administrator for over 30 years, Flex offers employee benefit programs and compliance services built with employers in mind. We’ve got the tools and resources that employees want, along with the service and support employers need.

Posted March 8th, 2018 in Producers, Employers
The Employee Retirement Income Security Act of 1974 (ERISA) requires most employers who offer health and welfare benefits to maintain and distribute Summary Plan Descriptions (SPDs) to all plan participants. This SPD must include certain disclosures and information, such as when the employer may amend or terminate the plan(s).
 
Posted March 1st, 2018 in Producers, Employers, Individuals
Flexible Benefit Service LLC (Flex) is proud to announce that we are celebrating our 30th Anniversary in 2018. From our humble beginnings in 1988 to the experienced, scalable business we are today, Flex has always been willing to evolve with the needs of our clients and business partners throughout the US. 
 
We are also excited to introduce our new company tagline – Leading the way
 
Posted August 22nd, 2017 in Producers, Employers
Flexible Spending Accounts (FSAs) are one of the few benefits an employer can provide that often pays for itself (and then some). While there are expenses that will be incurred by the employer when using a third-party administrator for the FSA, there are also payroll tax savings that will offset some or all of those expenses.
 
Posted November 28th, 2016 in Producers, Employers, Individuals
Exciting News!
 
Flexible Benefit Service LLC (Flex) is now in our new office, located at:
 
8700 W. Bryn Mawr Avenue, Suite 1010S
Chicago, Illinois 60631
 
The new office space includes an open plan design and is enhanced for greater workplace collaboration and operating efficiencies. We look forward to serving you from this new location!
 
Our phone/fax numbers, emails and web sites will remain the same.
 
Posted January 6th, 2014 in Producers, Employers, Individuals

The maximum amount that can be reimbursed with pre-tax dollars for mass transit officially dropped to $130 per month for employees as of January 1st.  Last year the maximum reimbursement was $245 per month for mass transit so this may come as a shock to some employees. The decrease is a result of a tax law that expired at the end of 2013.

Posted April 2nd, 2013 in Employers

As tax season comes to a close, you might be wondering how to save more next year. Flexible Spending Accounts (FSAs) are a great tool that allows you and your employees to save on healthcare and dependent care expenses. Celebrating 25 years as a trusted benefits administrator, we have done the math to help you visualize your potential savings with our FlexFSA® product:

Posted February 13th, 2013 in Individuals, Employers, Producers

Important milestones are a special time to reflect on the past, celebrate achievements, create a vision for the future, and express appreciation.

This year, we at Flexible Benefit Service LLC (Flex) expect to do no less as we proudly mark our 25th anniversary.

Posted September 18th, 2012 in Employers, Producers

You are a business owner, human resource or benefits professional, or even an insurance broker. You are trying to help run a business or assist another businesses needs. You do not have time to learn all the ins-and-outs of every employee benefits offering or business process that comes across your desk.

You do, however, want to make available an employee benefits package that engages and retains employees, while promoting wellness. And, you keep reading in the news about account-based health plans, namely flexible spending accounts (FSAs), becoming a staple in offerings across the nation – and rightfully so.

Benefits Buzz

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