Secova vs Optavise

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

Secova offers Benefits Administration, Administrative Services, ACA Management to companies with 200,000 employees. Optavise offers Benefits Administration, Healthcare Transparency Solutions, ACA Management to companies with 3,000,000 employees.

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

Secova

Reviews pending

Product Description

Secova

What is BenAssure?
At Secova, we’re committed to researching and providing the best services and resources customized for your... Show More

Optavise

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

Min. Group Size

Secova

100 eligible

Optavise

100 eligible

Lives Serviced

Secova

2,850,000

Optavise

882,668

Product Specific Features

Secova

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

Features

Secova

Not offered

Employee self-service

✓

Manager self-service

✓

GDPR Compliant

✓

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

Optavise

✓

Employee self-service

✓

Manager self-service

✓

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

✓

SOC audit(s) performed

Official Resources

Secova

Optavise

Media

Secova

Optavise

About

Secova

Founded in 1989, Secova is a results-oriented third-party administrator with a track record of delivering cost savings and customer-satisfying solutions.... Show More

Optavise

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

Founded

Secova

1989

Optavise

02/2001

Location

Secova

New Jersey

Optavise

11299 Illinois Street, Suite 200 Carmel, IN 46032

Employees

Secova

Not Provided

Optavise

400

Funding Summary

Secova

Not Provided

Optavise

Not Provided

Website

Reviews

Secova

0.0 (0)

Optavise

4.6 (11)

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