Providing Relief across New York State for more than 50 years
A history of innovative benefit plan designs, employee education, plan analytics, risk management and administrative solutions.
The Tax Reform Act of 1986 changed several of the existing rules in Internal Revenue Code Section 125 governing cafeteria plans. Flexible Benefits System, Inc., was created in 1987 and became one of the first Third-party Administrators in New York State.
Benefit Process Relief was created in 2001, relieving clients of the burdensome transactional components of benefit administration. The service has evolved and was renamed 1PointPlus, to include one dedicated point of contact, comprehensive compliance services, and COBRA administration.
Population Health Management
During the late 90s to early 2000s, healthcare spending skyrocketed. Convinced that employee health risks are directly correlated to health plan claims, RBA forged a unique relationship with Mayo Clinic Health Services in 2006, offering personalized online wellness programs to employees as well as population health improvement programs.
Data Mining & Analytical Services
In 2008, RBA invests in Verisk data analytic software. Previously only available to large and mega sized firms, this service demonstrated improved performance and reduced cost trends.
To better gauge outcomes from employee wellness programs RBA launches Ignitehealth Wellness Management Services in 2012, providing best-in-class on-site biometric screening, health assessments, coaching and wellness programs across New York State.
In 2014 The New York Six, a group of private universities forms the Health4Edu Captive with RBA, yielding significant savings and attracting new members.
How Does Your Broker Measure Up?
Does your broker have the experience, knowledge, resources and tools to relieve you of the things that destroy your productivity, profitability and reputation?
Here’s a list of what you should ask your benefits broker. Or you can ask us for ours!