Benefits Administration

QTS, in partnership with Advanced Benefits Management, can help take the burden out of benefits administration saving you time, money, and headaches. Utilizing the power of the Internet, Advanced provides state-of-the-art solutions to your COBRA, Flex Benefit, Health Savings Account (“HSA”), and Health Reimbursement Account (“HRA”) plans.

Clients who are not currently benefiting from a tax advantaged plan can learn more about the advantages through one of our webinars or a custom presentation. Simply sign up for a webinar with Advanced Benefit Management at www.mybenefits247.com/events or call your QTS Client Service Representative to schedule an appointment.

COBRA
COBRA Administration services ensures regulatory compliance while reducing your administration tasks to simply entering new hire and term information into a secure web site. Rates are extremely competitive and bundled with your payroll invoice for convenience. Participants can even log in and check their payment status, coverage start date, end date, etc., eliminating unnecessary interruptions to your workday.

Flex Plan Administration
Advanced Benefits Management provides a full array of support features for administering your Flex Plan. Their AdvancedFSA service adds additional employee resources such as an Online Wellness Center and proprietary "myBenefits247.com" online account-management tool to create a full-featured holistic benefits offering to you and your employees. QTS clients enjoy group plan rates that are extremely competitive and include Debit Cards for employees and daily claims processing at no extra charge!

Health Savings Plans (“HSA”)
HSAs let your employees set aside pre-tax or tax-deductible dollars into a portable savings account for future healthcare or retirement needs. Withdrawals for eligible medical expenses or long-term care costs are taken tax-free. Because HSAs must be used in conjunction with a qualified High Deductible Health Plan (HDHP) your company will also benefit through lower premium payments.

Our AdvancedHSA combines the insurance and financial aspects of the HSA and wraps them up along with other great features like our OneCall customer service center, the myBenefits247.com online account and self-service site, and our ClaimsVault receipt archive service. The AdvancedHSA also provides employers with unique account reporting features allowing you and your Advanced Benefits Professional the ability to analyze the performance of your total plan offering.

Health Reimbursement Arrangements (“HRA”)
HRAs are tax-favored spending accounts that can be coupled with any kind of health plan format. The AdvancedHRA program leverages our administration and knowledge to combine the HRA with a tailored core benefit plan. Additional employee resources such as our Online Wellness Center and proprietary myBenefits247.com online account management features create an exceptional value.