Optavise vs Businessolver

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

Optavise offers Benefits Administration to companies with 3,000,000 employees. Businessolver offers Benefits Administration, Benefits Decision Support, Benefits Navigation Platform to companies with 18,000,000 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

Optavise

Too often, benefits enrollment creates confusion for employees and unnecessary costs for employers. Complex plan choices, inconsistent communication, and limited... Show More

Businessolver

At Businessolver, we provide innovative technology and services to simplify employee benefits management. Our unique platform, Benefitsolver, delivers a seamless... Show More

Min. Group Size

Optavise

100 eligible

Businessolver

-

Lives Serviced

Optavise

882,668

Businessolver

-

Product Specific Features

Optavise

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

Not offered

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

Not offered

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

Not offered

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

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

Optavise

✓

Employee self-service

✓

Manager self-service

✓

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

✓

SOC audit(s) performed

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

Optavise

Businessolver

Media

Optavise

Businessolver

About

Optavise

Optavise is a trusted partner that helps employees make confident healthcare and benefits decisions. Our solutions reduce employer costs, increase... Show More

Businessolver

We create technology that reinvents benefits, taking annual enrollment from a once-a-year selection event into a personalized year-round journey. What... Show More

Founded

Optavise

02/2001

Businessolver

01/1998

Location

Optavise

11299 Illinois Street, Suite 200 Carmel, IN 46032

Businessolver

West Des Moines, Iowa

Employees

Optavise

400

Businessolver

1,720

Funding Summary

Optavise

Not Provided

Businessolver

None

Website

Reviews

Optavise

4.6 (11)

Businessolver

4.5 (9)

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