Optum Financial vs BASIC

Compare and evaluate Optum 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.

Optum Financial offers Health Savings Account (HSA), Health Reimbursement Arrangement (HRA), Health Care Flexible Spending Account (FSA) 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

Optum Financial

-

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

Optum Financial

-

BASIC

20 eligible

Lives Serviced

Optum Financial

5,594,570

BASIC

245,000

Product Specific Features

Optum Financial

✓

HSA Platform 

✓

Data document management

✓

Billing services

✓

HSA file transfers

✓

401K and HSA plan consolidation

✓

HSA Plan customization

✓

HSA Online administration process 

✓

HSA-Compatible FSA

✓

HSA carryover plan

✓

Insurance eligibility verification

BASIC

Features

Optum Financial

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

✓

SSAE 18 / SOC Audit(s) Performed

✓

NCQA Accredited / Certified

✓

URAC Accredited

✓

3rd Party Integrations

BASIC

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

Official Resources

Optum Financial

BASIC

Media

Optum Financial

BASIC

About

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

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

Optum Financial

2004

BASIC

1989

Location

Optum Financial

Eden Prairie , MN

BASIC

Portage, MI 49024, US

Employees

Optum Financial

83,270

BASIC

397

Funding Summary

Optum Financial

Not Provided

BASIC

None

Website

Reviews

Optum Financial

0.0 (0)

BASIC

0.0 (0)

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