Optavise vs Preferred Benefit Administrators

Compare and evaluate Optavise vs Preferred Benefit Administrators 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, Healthcare Transparency Solutions, ACA Management to companies with 3,000,000 employees. Preferred Benefit Administrators offers Healthcare Third Party Administrator, HR Compliance Services, ACA Management 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

Optavise

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

Preferred Benefit Administrators

As experts in the Employee Benefit industry, Preferred Benefit Administrators is uniquely qualified to
assist employers in completing their... Show More

Min. Group Size

Optavise

100 eligible

Preferred Benefit Administrators

-

Lives Serviced

Optavise

882,668

Preferred Benefit Administrators

-

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

Preferred Benefit Administrators

Features

Optavise

✓

Employee self-service

✓

Manager self-service

✓

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

✓

SOC audit(s) performed

Preferred Benefit Administrators

✓

Employee self-service

✓

Manager self-service

✓

GDPR Compliant

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

Official Resources

Optavise

Preferred Benefit Administrators

Media

Optavise

Preferred Benefit Administrators

About

Optavise

As announced at the end of last year, Optavise has made the decision to exit its fee based services. If... Show More

Preferred Benefit Administrators

Preferred Benefit Administrators is a Third Party Administrator (TPA) specializing in self-funded group health plan administration. As a result of... Show More

Founded

Optavise

02/2001

Preferred Benefit Administrators

1997

Location

Optavise

11299 Illinois Street, Suite 200 Carmel, IN 46032

Preferred Benefit Administrators

Longwood, FL

Employees

Optavise

400

Preferred Benefit Administrators

Not Provided

Funding Summary

Optavise

Not Provided

Preferred Benefit Administrators

Not Provided

Website

Reviews

Optavise

4.6 (11)

Preferred Benefit Administrators

0.0 (0)

×
?

Need Help Choosing?

Our specialists can help prioritize the criteria that matters most and narrow the field.
Setup a Free Consult

×