search

Inspira Financial

Claimed vendor Claimed
Reviews pending

Inspira Financial Products (9)

   
search

COBRA Administration

search

Emergency Savings

search

Health Savings Account (HSA)

search

Dependent Care Flexible Spending Account (FSA)

search

Flexible Spending Accounts (FSAs)

search

Health Care Flexible Spending Account (FSA)

search

Health Reimbursement Arrangement (HRA)

search

Lifestyle Spending Account

search

Limited Purpose Health Care Flexible Spending Account (FSA)

Product Description

Consolidated Omnibus Budget Reconciliation Act (COBRA) offers relief by allowing someone to remain enrolled after a qualifying life event causes them to lose health benefits, but COBRA is complex to administer and requires specialized expertise and understanding. Direct billing offers plan sponsors a solution to bill individual members, including retirees,... Show More

About this product

×
Consolidated Omnibus Budget Reconciliation Act (COBRA) offers relief by allowing someone to remain enrolled after a qualifying life event causes them to lose health benefits, but COBRA is complex to administer and requires specialized expertise and understanding. Direct billing offers plan sponsors a solution to bill individual members, including retirees, employees on leave of absence, long-term disability, or anyone no longer on payroll.

Inspira has been a COBRA administrator for more than 30 years. And with our intuitive website and app, we make it easy for former employees to navigate the process of enrolling in COBRA and paying for coverage. With direct billing, former employees get a convenient way to pay for employer-sponsored benefits.

Min. Group Size

20 eligible

Lives Serviced

52,110

Average Cost

Average Cost is Locked

22 RFI Questions RFI questions

RFI questions number is Locked

8 Specific Questions Specific Questions tooltip

Lock

Product Features

✓

COBRA online platform

✓

COBRA eligibility 

✓

Communications materials

✓

Data document management

✓

Automate COBRA-related notices

✓

Automatic forms submission

Show All Features

Product Features

×
✓

COBRA online platform

✓

COBRA eligibility 

✓

Communications materials

✓

Data document management

✓

Automate COBRA-related notices

✓

Automatic forms submission

✓

Premium collection 

✓

Termination of coverage

Not Provided.

Inspira Financial Media

Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play

Inspira Financial Info

Founded:

1989

Funding Summary:

Not Provided

Location:

2001 Spring Road, Suite 700, Oak Brook, IL 60523, US

Links:

Employees:

Not Provided
Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We've worked with thousands of employers, plan sponsors, recordkeepers, third-party administrators (TPAs), and other institutional partners... Show More

About this vendor

×
Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We've worked with thousands of employers, plan sponsors, recordkeepers, third-party administrators (TPAs), and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. We’re relentlessly pursuing better outcomes for all with our automatic rollover IRA services, alternative assets, health savings accounts (HSA), flexible spending accounts (FSA), commuter benefits, emergency savings funds (ESF), and more.

Inspira Financial Alternatives

Streamline Your Vendor Selection

Our team of experts can help you choose the right vendor for your business. Let’s get in touch!