Folsom, CA (August 1st, 2013) – Benefit & Risk Management Services (BRMS), an industry leading Third Party Administrator (TPA), celebrates 20 years of excellence in 2013. Described as a “boutique” Third Party Administrator, BRMS delivers innovative employee benefits technology and administrative solutions utilized by clients nationwide in the control of rising healthcare costs.
Headquartered in Folsom, CA, BRMS was founded by Matthew Schafer, the company’s sole owner and Chief Executive Officer. With his vision, he and his executive staff have successfully lead a team of experienced employee benefit specialists to develop unique proprietary services and state of the art technology systems that streamline benefits administration while reducing healthcare and employee benefit costs for employers.
“What started out 20 years ago with just a few employees has steadily grown into a company that goes far beyond offering just benefit administration” said Matthew Schafer. “We attribute our success to our commitment to providing superior service in meeting the needs of our clients by focusing on clear, effective communication.”
As benefit and healthcare managers, BRMS introduced MyHealthBenefits in 2002, a proprietary online benefits administration system that allows employers to save time and money by automating management of the benefit supply chain and empowering employees to self-service their benefits. MyHealthBenefits served to enhance the already robust traditional BRMS TPA services of in-house Self Funded Plan Administration, Medical Management, COBRA & FSA Administration. BRMS prides themselves in a one and done approach with an emphasis on in house services and comprehensive Client Service. “If it cannot be done under our own roof” stated Matthew, “it isn’t done at all. When you call us, you get us.” BRMS continues to create and provide unique avenues for employers and employees to access health claims, FSA & wellness information.
One of the first employee benefit administration technology solution TPAs, BRMS has been recognized as a leader in the benefits administration software and technology arena for efficiency in online eligibility maintenance, as well as introducing new tools to facilitate the paperless communication between the employer, employee and industry vendors. Continuing to evolve their services throughout the years, BRMS continues to develop and release exciting new features to the MyHealthBenefits platform with a new version to be released in 2013. Since then BRMS has released two new versions, with another product and feature enhancement expected the first quarter of 2014.
Over the years BRMS has grown to 130 employees, and now has over 350 clients using their MyHealthBenefits platform and has managed over 1 billion in premium dollars. It is with the continued support of our Trusted & Valued Clients and Brokers that BRMS celebrates and shares in twenty years of success!
“We are all very proud of this accomplishment and grateful to our customers and employees who helped us get here,” continued Matthew Schafer. “By being in touch with our customer base, we have been able to realize their needs and develop products to help their business grow. That’s one of the major reasons why we have been so successful. We very much look forward to the next 20 years.”