Benefit Allocation Systems, LLC vs Optum Financial

Compare and evaluate Benefit Allocation Systems, LLC vs Optum Financial based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

Benefit Allocation Systems, LLC offers Benefits Administration, COBRA Administration, Direct Billing Service to companies with 300,000 employees. Optum Financial offers Health Savings Account (HSA), Health Reimbursement Arrangement (HRA), Health Care Flexible Spending Account (FSA) to companies with 0 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

Product Description

Benefit Allocation Systems, LLC

Powerful Benefits Enrollment Platform

Simplify benefits enrollment with a flexible, unified software. Save time and resources with... Show More

Optum Financial

-

Min. Group Size

Benefit Allocation Systems, LLC

200 eligible

Optum Financial

-

Lives Serviced

Benefit Allocation Systems, LLC

-

Optum Financial

1,258,759

Product Specific Features

Benefit Allocation Systems, LLC

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

Not offered

QMCSO administration

Not offered

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Optum Financial

Features

Benefit Allocation Systems, LLC

✓

Employee self-service

✓

Manager self-service

Not offered

iOS native application

Not offered

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

Optum Financial

✓

GDPR Compliant

✓

iOS native application

✓

Android native application

✓

Responsive design

✓

Third-party integrations

Official Resources

Benefit Allocation Systems, LLC

Optum Financial

Media

Benefit Allocation Systems, LLC

Optum Financial

About

Benefit Allocation Systems, LLC

Benefit Allocation Systems (BAS) is a 35-year benefits administration technology company serving employers with complex structures, associations, MEWAs, pools, and... Show More

Optum Financial

Optum Financial is at the crucial connection between health care, finance, and technology.​ We’re a highly-connected, health care payments ecosystem... Show More

Founded

Benefit Allocation Systems, LLC

1991

Optum Financial

2004

Location

Benefit Allocation Systems, LLC

640 Freedom Business Center Drive Suite 300 King of Prussia, PA 19406, US

Optum Financial

Eden Prairie , MN

Employees

Benefit Allocation Systems, LLC

85

Optum Financial

83,270

Funding Summary

Benefit Allocation Systems, LLC

Not Provided

Optum Financial

Not Provided

Website

Competitors

Optum Financial

-

Reviews

Benefit Allocation Systems, LLC

0.0 (0)

Optum Financial

0.0 (0)

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