Average Ratings 1 Rating
Average Ratings 0 Ratings
Description
Abenity provides a solution to enhance your employees' disposable income through discounts that amount to over $4,500 in savings. This approach is akin to granting a worldwide salary increase, but without the financial burden of raising annual wages. This is particularly significant considering that approximately half of the workforce in the United States is currently concerned about their financial situation! Statistically, this indicates that a substantial portion of your employees is experiencing money-related stress at this very moment, and this financial anxiety has been estimated to cost companies over $500 billion each year in decreased productivity. Moreover, while it is essential to discover dependable money-saving strategies, the process can be quite overwhelming. With minimal accountability from merchants, employees often waste time searching for the best deals, their privacy may be compromised, and they frequently miss out on genuine savings. This is precisely where Abenity steps in. For more than ten years, Abenity has been delivering employee discount programs that have helped millions of members achieve substantial savings they can trust, proving that financial relief is achievable. By leveraging Abenity’s services, employers can not only foster a more financially secure workforce but also boost overall employee satisfaction and morale.
Description
Benefitbay introduces a revolutionary benefit option known as ICHRA, which enables employers to reimburse their workforce for individual health plans while preserving the tax benefits associated with traditional group insurance policies. This innovative approach empowers employees to choose the most suitable benefits tailored to their unique requirements. Our focus is on the essential attributes of ICHRA, resulting in a user-friendly platform designed for ease of use, compliance, efficient deployment, cost savings, and robust support. Employers can categorize employees into designated classes based on criteria such as location, job type, or age group. After establishing a budget, they can strategically allocate contributions for each categorized group. Employees benefit from a straightforward shopping and enrollment process, allowing them to select any individual health plan available to them, whether on or off the exchange. Additionally, Advanced Reimbursement Accounts (ARC) facilitate automated monthly premium payments, while pre-tax payroll deductions are organized for off-exchange plans, and all necessary plan documentation is efficiently generated. This setup ultimately enhances employee satisfaction and engagement in managing their health benefits.
API Access
Has API
No
API Access
Has API
No
Integrations
CommuteHub by RideAmigos
No
Pricing Details
$350 per month
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Abenity
Country
United States
Website
abenity.com
Vendor Details
Company Name
Benefitbay
Founded
2013
Country
United States
Website
www.benefitbay.com
Product Features
Benefits Administration
COBRA Administration
No
Claims Management
No
Deduction Management
No
Disability Insurance Administration
No
Employee Benefits Administration
No
FMLA Administration
No
FSA Administration
No
Flexible Spending Accounts
No
For Brokers
No
For Employers
No
HIPAA Compliant
No
Health Insurance Administration
No
Life Insurance Administration
No
Online Benefits Enrollment
No
Premium Billing
No
Provider Management
No
Retiree Administration
No
Retirement Plan Management
No
Product Features
Benefits Administration
COBRA Administration
No
Claims Management
No
Deduction Management
No
Disability Insurance Administration
No
Employee Benefits Administration
No
FMLA Administration
No
FSA Administration
No
Flexible Spending Accounts
No
For Brokers
No
For Employers
No
HIPAA Compliant
No
Health Insurance Administration
No
Life Insurance Administration
No
Online Benefits Enrollment
No
Premium Billing
No
Provider Management
No
Retiree Administration
No
Retirement Plan Management
No