BEN-E-LECT

Visalia, United States

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Description

Specialties

Health Reimbursement Arrangements (HRA)

Health Savings Accounts (HSA)

Medical Expense Reimbursement Plans (MERP)

Self Funding

Stop Loss Plans

Small Group Benefit Plans

Mid-​Market and Large Group Benefit Plans

History

Established in 1987.

The BEN-​E-​LECT Story…

BEN-​E-​LECT has been showing employers how to save 30−50% in the cost of health care since 1996.

The simple fact is that premiums are going up all over the country by double digits and managed care is not going to reduce those increases. The only option a business owner has presently to avoid the premium increases is to strip out benefits. Not anymore, with BEN-​E-​LECT an employer has the opportunity to reduce its cost without lowering benefits. The employer will learn how to pay for its plan in a slightly different fashion.

BEN-E-LECT’s Employer Driven Health Plans™ can be written with any size case, in fact, our smallest case to date is two employees.

If you are experienced with self-​funded plans, you will need to put aside your knowledge in many facets of the traditional self-​funded approach. We will show you why and how the BEN-​E-​LECT concept works!

Meet the Business Owner

Mark R.

Business Owner

Mark Reynolds is chief executive officer and president of BEN-​E-​LECT, a leading third party administrator (TPA) that provides administrative and claims services to small and medium size employers throughout California and Colorado. The company is recognized as an innovator of the Employer Driven Health Plan™ model, delivering consistent, innovative solutions and services to agents/​brokers so they can offer quality benefits solutions to their clients.

Since acquiring BEN-​E-​LECT in 1996, Mr. Reynolds set out to position the company as a leader in the employee benefits market. He created the concept of «shared funding» for employers, enhanced the company’s benefits and administration system, and introduced new programs as well as an online quoting system. Under Mr. Reynold’s leadership, the company has experienced unprecedented growth.