We are excited to expand our commitment and resources on the west coast, while strengthening our product offering to include a more seamless in-house COBRA offering
ROCHESTER, NY and SACRAMENTO, CA (PRWEB) August 05, 2015
Benefit Resource, Inc. (BRI) announced the acquisition of Pacific Benefits Consultants, Inc. and COBRA Plus Administrators, Inc. of Sacramento, CA. This marks the first acquisition for Benefit Resource since it announced its Strategic Partnership and Expansion Initiative in October 2014.
“It was important to find an organization that would add value to our organization beyond adding new clients. We are excited to expand our commitment and resources on the west coast, while strengthening our product offering to include a more seamless in-house COBRA offering,” said Anthony DiBarnaba, President of Benefit Resource.
As Benefit Resource evaluated growth opportunities, a west coast location, which shared its vision and commitment to clients, was key. Benefit Resource plans to maintain the Sacramento office with a focus on client services and COBRA administration.
“Pacific Benefits and COBRA Plus have always prided themselves on providing a commitment to service excellence and personalized support to our clients. When it came time to select an acquiring entity, Benefit Resource stood out by demonstrating a common culture and dedication to support its clients and their members,” explained Joe Gaither, President of Pacific Benefit Consultants and Vice President of COBRA Plus Administrators. “Additionally, Benefit Resource brings a number of advantages to the organization including: leading card & mobile technology, competitive cost-structure and a commitment to local presence.”
About Pacific Benefits and COBRA Plus
Pacific Benefits Consultants and COBRA Plus Administrators are related companies located in Sacramento, CA. Pacific Benefits provides third party administration services for Flexible Spending Accounts, Health Savings Account, Health Reimbursement Accounts, Premium Only Plans and Commuter Benefit Plans. Pacific Benefits is a recognized regional leader with a strong commitment to personalized client support. COBRA Plus Administrators provides COBRA administration services with an emphasis on educating employers on the many nuances that COBRA can entail. One of the founding partners, Jim Deyo, will maintain his role and responsibilities as the General Manager of COBRA Plus.
About Benefit Resource
Benefit Resource, Inc. administers pre-tax employee benefit plans for more than 2,200 employer plans nationwide, reaching over 2 million employees. Unlike payroll or human resource companies, Benefit Resource focuses solely on administration of tax-free benefits, including: Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Accounts and Commuter Benefit Plans. These plans allow employees to set aside tax-free dollars to pay for medical care, dependent care, mass transit and parking.
Benefit Resource, founded in Rochester, NY in 1993, is the leader in card technology for tax-free employee benefit plans and has aligned with MasterCard International to streamline plan administration, reduce overhead costs for employers and improve convenience and security for employees.
Visit Benefit Resource at http://www.BenefitResource.com.