Inspira Financial vs BASIC

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

Inspira Financial offers Health Savings Account (HSA), Health Care Flexible Spending Account (FSA), COBRA Administration to companies with 0 employees. BASIC offers Leave / Absence Management, COBRA Administration, Health Care Flexible Spending Account (FSA) to companies with 2,200,000 employees.

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

BASIC

Reviews pending

Product Description

Inspira Financial

When paired with a high-deductible health plan, a Health Savings Account (HSA) is designed to help pay for current eligible... Show More

BASIC

BASIC’s COBRA Administration service reduces employer risk, eliminates regulatory complexity, and ensures full compliance with federal COBRA and state continuation... Show More

Min. Group Size

Inspira Financial

10 eligible

BASIC

20 eligible

Lives Serviced

Inspira Financial

1,396,496

BASIC

245,000

Product Specific Features

Inspira Financial

✓

HSA Platform 

✓

Data document management

✓

Billing services

✓

HSA file transfers

Not offered

401K and HSA plan consolidation

✓

HSA Plan customization

✓

HSA Online administration process 

✓

HSA-Compatible FSA

Not offered

HSA carryover plan

Not offered

Insurance eligibility verification

BASIC

Features

Inspira Financial

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

SSAE 18 / SOC Audit(s) Performed

✓

3rd Party Integrations

BASIC

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

Official Resources

Inspira Financial

BASIC

Media

Inspira Financial

BASIC

About

Inspira Financial

Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the... Show More

BASIC

BASIC is a nationally recognized third-party administrator with more than 35 years of experience delivering employee benefits and HR compliance... Show More

Founded

Inspira Financial

1989

BASIC

1989

Location

Inspira Financial

2001 Spring Road, Suite 700, Oak Brook, IL 60523, US

BASIC

Portage, MI 49024, US

Employees

Inspira Financial

Not Provided

BASIC

397

Funding Summary

Inspira Financial

Not Provided

BASIC

None

Website

Reviews

Inspira Financial

0.0 (0)

BASIC

0.0 (0)

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