PrismHR, the leading HR software platform for Human Resource Outsourcing (HRO) service providers, today announced the availability of Omega Benefit Strategies' Consumer Directed Health Plan (CDHP) administration through the
CDHPs provide employees with a range of insurance programs and financial accounts that are designed to encourage responsible healthcare purchasing by employees, including high deductible medical insurance and pre-tax accounts that can maximize cost savings.
PrismHR customers can now offer Omega's wide range of CDHP services to their small and medium-sized business (SMB) customers nationwide, with no set up or renewal fees. Omega also offers HROs the Omega Guarantee, which insures HROs against loss on medical FSA plans if claim payments exceed deductions.
Omega's services are delivered to HROs through an easy-to-use interface that makes it easy for service providers to offer SMB customers a wide range of services, including:
Flexible Spending Accounts (FSA) (Section 125)
Health Savings Accounts (HSA)
Health Reimbursement Arrangements (HRA) (Section 105)
Commuter choice (Section 132)
Premium administration and single point billing solutions
"Omega's flexible administration solution makes it easy for Axios HR to provide a modern interface and frictionless employee experience with minimal effort on our part,"
"Our network of HR service providers are constantly asking for new services delivered through
About Omega Benefit Strategies
Over the years Omega has expanded their services to include COBRA, Commuter Benefits, HRA,
Omega's success is derived from the quality of our professional staff, coupled with cutting edge technology that allows us to deliver to our customers a very unique user-friendly experience. Learn more at http://www.omegabenefitstrategies.com.
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than