Products by BASIC

A BASIC medical FSA allows employees to use pre-tax dollars for eligible medical, dental, vision, prescription, copay, and coinsurance expenses—saving 15–40% based on tax bracket, while employers save 7.65% in FICA taxes on contributions. Participants enjoy convenient access through the BASIC Card,...

BASIC has grown to become a nationwide leader in FMLA outsourcing thanks to our proprietary software and superior service. We help employers as small as 50 employees to as large as 15,000 employees with their FMLA administration and absence management effectively, efficiently, and most importantly,...

BASIC’s COBRA Administration service reduces employer risk, eliminates regulatory complexity, and ensures full compliance with federal COBRA and state continuation rules. Noncompliance is costly. Penalties can reach $100 per day under TAMRA and $110 per day under ERISA, with additional liability...

At BASIC, we know that as a business owner or HR Professional, employee payroll processing and tax reporting can be the headache that never goes away. We also know that accuracy on both fronts is the only way to keep your employees content and your business free from penalties and fines. That’s why...

BASIC ERISA Essential ensures your company is compliant with all ERISA regulations! All your ERISA compliance documents are securely stored in BASIC’s Customized Client Portal.

BASIC’s ACA Elevate solution delivers a comprehensive filing service to help employers meet IRS 6055/6056 reporting requirements with 100% accuracy. Employers must prepare and file Form 1095-B/C for each applicable employee, along with a single transmittal form (1094-B/C or 1094-C/1095-C). Failure...

Each year, employers are finding it harder to offer healthcare coverage that meets the needs of their employees. Compliance rules change. Premiums rise. And traditional group plans keep piling on complexity without delivering flexibility. Businesses are left to choose between: ● Paying too much...

Expert HRA plan designs, administrative flexibility, and high quality administration. A Health Reimbursement Arrangement (Simple HRA) remains the top choice for employers who value complete plan customization to maximize their healthcare dollars. HRAs can be paired with any type of health plan and...

Help your employees save money coming and going to work by offering commuter benefits! Alleviate staff commuting costs by offering Section 132 plans – contribute pretax dollars* to pay for qualified transportation expenses. Employees save between 15% – 40% toward eligible expenses, while employers...

A Home Office Account allows remote employees to be reimbursed for home office expenses on a tax-advantaged basis.

With our help, you can design a wellness plan uniquely tailored to your organization’s culture and wellness goals.

Education Accounts by BASIC allows you to offer sought-after benefits to attract and retain the top talent. Stand out as a progressive employer as benefit preferences of young professionals switch from retirement to paying off student loans. Our Education Accounts offer two unique accounts to...

The Lifestyle Reimbursement Account is a great way to invest in your employees and help improve their overall well-being by reducing financial barriers to the things they care about, including pet wellness or insurance.

BASIC’s Employee Achievement & Award Account offers a simple, flexible way to recognize employees for meaningful accomplishments—whether tied to performance, wellness, professional development, or years of service. Employers choose the qualifying achievements and deposit award funds directly into...

The Lifestyle Reimbursement Account is a great way to invest in your employees and help improve their overall well-being by reducing financial barriers to the things they care about, including Adoption Support.

The Lifestyle Reimbursement Account is a great way to invest in your employees and help improve their overall well-being by reducing financial barriers to the things they care about, including Fertility Treatment.