As a Third Party Administrator with national a presence in Section 125/ Cafeteria Plan administration, Benefits Outsource, Inc. primary objective is to provide you with expertise and complete outsourcing alternative. You’ll be able to devote more time to your company's growth and effectively rid your company of potential liabilities that could result from non-compliance.

Benefits Outsource, Inc. (BOI) is a state of Florida approved third party benefits administrative firm established in 1995. As a third party administrator, the company administers COBRA, Flexible Spending Account, Pension, 401(k), and other employee benefit plans. Since its creation, the corporation’s scope of services has grown to include the sale and brokerage of Property and Casualty Insurance, Life Insurance, Health insurance and ancillary services such as open enrollment, premium collection, retiree billing and claims audit. The company is located at 5599 South University Drive, Suite 201, Davie, FL 33328.

Benefits Outsource, Inc. is a Third Party Administrator specializing in:

401(k) and Pension Administration
COBRA, Retiree Billing and HIPAA
Flexible Spending Accounts Administration
Health Savings Account
Health Reimbursement Account
Dependent Audit Verification
Premium Collection and Reconciliation
Health Insurance Open Enrollment

The services and programs we offer are designed to cut our clients’ administration costs while minimizing their exposure to violating the maze of government laws that govern employee benefits plans. Our services are especially invaluable to small businesses lacking the expertise or resources to administer their plans in-house. Utilizing our programs allows these companies to receive the same level of protection and service quality usually reserved for the larger companies. The corporation is seeking at this time to broaden its business base through strategic business alliances with established corporations with the sole purpose of doubling its market share over the next thirty-six months.

Description of Business
Benefits Outsource, Inc. was established in June of 1995 to meet the demand for employee benefits administrative services in the areas of COBRA, pension, 401(k) and Flexible Spending Accounts. Since its initial creation, the corporation’s scope of services has grown to include the sale and brokerage of Property and Casualty Insurance, Life Insurance, Health insurance and ancillary services such as open enrollment, premium collection, retiree billing and dependent audit verification. The demand for our services has been overwhelming.

Companies, large and small, which have historically administered their benefits programs in-house, are now looking to external sources to takeover these responsibilities. The driving force behind this crusade is the re-engineering of American business. Essentially, companies are now outsourcing those responsibilities which do not represent the core of their business to an unrelated third party. Doing so allows them to concentrate on those things that are primary to the success of their business.

Today, more than ever, companies face a number of challenges as economic downturn increase the pressures to cut costs and improve efficiency. To succeed, companies require solutions that can help them cut costs and streamline their business processes. Outsourcing has led the way in this cost-lowering quest.

In the last five years alone, there has been a fourfold increase in COBRA, FSA, 401(k), and pension administration outsourcing. Organizations, large and small, public and private have come to recognize the limitless advantages of shifting the administrative and compliance burden of their benefit programs to a third party. Benefits Outsource, Inc. has benefitted significantly from this migration.

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