Why Choose Diversified Administration?

We Self-Administer our Flexible Spending Plan.
Why would we consider having Diversified Administration do something for us that we can already do for ourselves?

  1. Diversified specializes in Flexible Benefits (including MERP and HRA) and COBRA administration, and they are our only lines of business.
  2. Using our highly trained staff enables you to “free up” your own employees so that they can add to your firm’s bottom line.
  3. Having an outside firm adjudicate your claims makes it easier for you to comply with the new federal medical privacy regulations. (HIPAA)
  4. Our written and oral benefits communications can enhance your firm’s participation and make this benefit a profit center for you.
  5. We use state of the art flexible benefits administration software.
  6. Employees can check their account balances on the internet 24 hours a day, 7 days a week.
  7. Our reimbursement checks are always printed with mini account summaries on the stub.
  8. We generate meaningful reports for both your human resources department and for the participants.
  9. We have a toll free number so that your employees can reach a trained customer service representative during normal business hours.
  10. Reimbursement checks are issued based on a schedule that you select.
  11. Funds are not transferred to Diversified Administration, therefore remaining general assets of the employer and not violating current Department of Labor trust exemptions.
  12. Discrimination testing is done prior to the start of each plan year, and midyear, if circumstances dictate.

 

We Have a Payroll Service Administer our Flexible Spending Plan.
Why would we consider having Diversified Administration do something for us that they are already doing  for us?

  1. Diversified specializes in Flexible Benefits (including MERP and HRA) and COBRA administration, and they are our only lines of business
  2. We subscribe to the country’s top print and internet services for Section 125 administrators, so that you have the highest possible level of expertise at your fingertips. We also use one of the country’s best and most highly recognized attorneys to write or plan documents and amendments, as well as interpret cumbersome IRS rulings.
  3. If you decide not to use that particular payroll firm for your payroll anymore, your flexible spending benefit is not affected.
  4. Our written and oral benefits communications can enhance your firm’s participation and make this benefit a profit center for you.