As health accounts, like HRAs, became an essential part of employee benefit offerings, we recognized a need for a software that could better service them. Our platform does just that by reducing the administrative burden and connecting all parties involved.
BUFFALO, N.Y. (PRWEB) February 05, 2018
Empire Innovation Group is now OneBridge Benefits, said its CEO.
Nicholas Knab, who started the company in 2013 with VP of Product Development Ryan Schultz and Co-Founder Josh Bishop, said he and his team had long felt they needed a name that signified their approach to servicing Funded Health Reimbursement Accounts (HRAs), a unique employee benefit typically offered by governmental, Taft-Hartley and nonprofits.
“Employers and bargaining groups are talking, now more than ever, about what it costs to have health insurance—and how employees and retirees pay for medical-related expenses,” he said. “As health accounts, like HRAs, became an essential part of employee benefit offerings, we recognized a need for a software that could better service them. Our platform does just that by reducing the administrative burden and connecting all parties involved.”
Consultants and third party administrators can leverage OneBridge as a trusted partner when it comes to full administration services, such as eligibility management and claims processing. The OneBridge platform allows significant flexibility in plan design and investment types. The proprietary software, including the industry-leading mobile application HRAgo®, is fit for a variety of HRAs, making it easier for everyone to manage and administer the following complex accounts:
Active HRA Accounts
Health Savings Trust
Defined Contribution HRA Accounts
Retirement Health Accounts
Post-Employment Health Plans
Retiree Medical Savings Accounts
“We understand the flexibility our partners require when working with their employer clients in designing these unique health plans, which is why we offer a highly customizable platform along with our high-touch service offering,” said Knab.
Executives at Arthur J. Gallagher & Co.’s Spokane, Washington branch were so impressed by the OneBridge team’s vision and approach to complex benefits management that they extended a collaboration opportunity when the leadership team struck out on their own.
“They built their company from the ground up and understand what it’s like to create something that serves the individual needs of their clients,” said Charlie Isaacs, an Area President for Arthur J. Gallagher & Co.. On paper, OneBridge is a service consultant, but to our team and our funded HRA clients, they’re much more than that. They understand the need for accountability and transparency in a highly scrutinized and complex industry. It’s critical for us to have a partner who has a firm grip on this concept and can act accordingly.”
OneBridge’s exceptional service and client attentiveness will only improve as plans to expand their platform for Flexible Spending Account (FSA) and Health Savings Account (HSA) management are developed. By integrating such accounts, employers can provide seamless offerings for their employees. It also ensures that OneBridge’s innovative platform continues to set the industry standard for excellence.
About OneBridge Benefits
Founded in 2013 and headquartered in Buffalo, N.Y., OneBridge Benefits provides proprietary, secure, web-based Health Reimbursement Account (HRA) software for consultants and administrators looking for an integrated, customized solution. OneBridge has partnered with some of the nation’s leading benefit consultants and provides the technology backbone to their unique HRA product offerings.
OneBridge Benefits was formerly known as Empire Innovation Group, and rebranded in 2017 to better exemplify its passion for connecting people with their benefits. For more information about the company and its people, visit http://www.onebridgebenefits.com, or find OneBridge on LinkedIn.
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