BENEFIT & RISK MANAGEMENT SERVICES’ EXCLUSIVE
VIRTUAL BENEFITS ADMINISTRATION SYSTEM (VBAS) LAUNCHES NATIONALLY
SACRAMENTO, CA, April 20, 2006 —Benefit & Risk Management Services, a leading benefit administration and healthcare risk management TPA, is launching its Virtual Benefits Administration System (Vbas) to school districts nationwide.
As the result of a new partnership with a leading voluntary benefits provider, BRMS will be building trusted and valued relationships with school districts across the US by providing MyHealthBenefits as an easy, automated solution to managing their employee benefits and reducing their healthcare costs.
Allowing organizations to administer their entire employee benefits process online, including COBRA and FSA services, MyHealthBenefits is a proprietary, secure database that internally manages benefit data, empowering employers to enter, store and manage both employee and benefit information, while providing employees the ability to self-service their benefits any place there is an Internet
connection.
Complementing BRMS’ healthcare and risk management services, MyHealthBenefits is a customized technology solution that maintains control of healthcare costs by managing insured data, eligibility, enrollment and consolidated billing in a single database easily accessible online.
“With all employee and benefit information housed in one centralized database, paper files are a thing of the past. All information is available via the Internet and transferred to carriers who allow EDI on a pre-scheduled basis, transmitting fully compliant HIPAA data based on the equirements of each carrier,” states BRMS President, Scott Reid.