ADA – Benefits administration service provider Next Generation Enrollment has been acquired by Florida-based PlanSource, which provides cloud-based benefits and HR software. The transaction closed on January 20. Terms were not announced.
Next Generation Enrollment offers services to help automate the process of employee benefits administration, including total benefits outsourcing, call centers, ACA services, billing reconciliation and payment, employee communications, dependent eligibility audits and COBRA and consumer-driven health care account administration. The company has roughly 900 clients ranging from 50 to 35,000 employees.
“This is a big win for our customers and their employees,” said Bradley Taylor, Founder and CEO of Next Generation Enrollment. “We have always focused on the employee experience to ensure that they have the knowledge and services needed to make informed benefits decisions. Together, PlanSource and Next Generation Enrollment have the tools, software and services to help organizations empower their employees with a great benefits experience.”
For Human Resources teams, PlanSource includes ACA measurement, reporting and data exchange with leading insurance carriers. PlanSource’s complete cloud-based technology helps nearly 10,000 employers and 3.5 million consumers with benefits shopping, enrollment, billing, compliance and administration.
“We’ve worked with Next Generation Enrollment for many years and I have always admired their focus on customer service and ability to give employees a great benefits experience,” said Dayne Williams, CEO of PlanSource. “I’ve seen firsthand how well they work with our joint clients and understand why they have such a stellar reputation. Together, we are going to do great things. We’ll be able to serve the industry better than ever and provide a truly complete benefits offering.”
Learn more at www.plansource.com.
