Medcom Benefit Solutions vs MyChoice Accounts by Businessolver

Compare and evaluate Medcom Benefit Solutions vs MyChoice Accounts by Businessolver based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

Medcom Benefit Solutions offers Benefits Administration, COBRA Administration, ACA Management to companies with 690,000 employees. MyChoice Accounts by Businessolver offers Health Care Flexible Spending Account (FSA), Health Savings Account (HSA), Health Reimbursement Arrangement (HRA) to companies with 700,000 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

Medcom Benefit Solutions

-

MyChoice Accounts by Businessolver

Businessolver’s online benefits enrollment software, Benefitsolver, delivers a software as a service (SaaS)-based benefits administration solution that streamlines the benefits... Show More

Min. Group Size

Medcom Benefit Solutions

-

MyChoice Accounts by Businessolver

1,000 eligible

Lives Serviced

Medcom Benefit Solutions

-

MyChoice Accounts by Businessolver

-

Product Specific Features

Medcom Benefit Solutions

Not offered

Benefits record management

Not offered

Enrollment management

Not offered

Decision support tools

Not offered

Payroll deduction calculator

Not offered

Deduction calculations

Not offered

Benefits calculations

Not offered

Cost calculations

Not offered

Total compensation statements

Not offered

Enrollment changes

Not offered

Automatic benefit changes

Not offered

Customizable retiree rules

Not offered

Customizable dependent and beneficiary rules

Not offered

Wellness and surcharges

Not offered

System integration

Not offered

Direct billing

Not offered

Imputed income calculations

Not offered

QMCSO administration

Not offered

Retroactive/arrears processing

Not offered

Carrier billing

Not offered

Carrier reconciliation

Not offered

Carrier remittance

MyChoice Accounts by Businessolver

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

✓

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

✓

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Features

Medcom Benefit Solutions

Not offered

Manager self-service

Not offered

iOS native application

Not offered

Android native application

Not offered

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

MyChoice Accounts by Businessolver

✓

Employee self-service

✓

Manager self-service

✓

Global capabilities

✓

GDPR Compliant

✓

iOS native application

✓

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

Official Resources

Medcom Benefit Solutions

MyChoice Accounts by Businessolver

Media

Medcom Benefit Solutions

MyChoice Accounts by Businessolver

About

Medcom Benefit Solutions

Celebrating over 40 years, Medcom has been a leader in employee benefit administration, ERISA Compliance, and consulting services with exceptional... Show More

MyChoice Accounts by Businessolver

MyChoice Accounts are tax-advantaged and lifestyle accounts powered by our innovative technology. Built by industry experts, our proprietary platform integration... Show More

Founded

Medcom Benefit Solutions

1983

MyChoice Accounts by Businessolver

2012

Location

Medcom Benefit Solutions

Jacksonville, FL 32247-0269, US

MyChoice Accounts by Businessolver

West Des Moines, IA

Employees

Medcom Benefit Solutions

85

MyChoice Accounts by Businessolver

1,400

Funding Summary

Medcom Benefit Solutions

Not Provided

MyChoice Accounts by Businessolver

Not Provided

Website

Competitors

Medcom Benefit Solutions

-

Reviews

Medcom Benefit Solutions

4.6 (2)

MyChoice Accounts by Businessolver

0.0 (0)

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