Benefitfocus vs Optavise

Compare and evaluate Benefitfocus vs Optavise based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

Benefitfocus offers Benefits Administration, ACA Management, Claims Analytics to companies with 25,000,000 employees. Optavise offers Benefits Administration to companies with 2,000,000 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

Optavise

Optavise

4.6 (11)

Product Description

Benefitfocus

Benefitfocus offers a single platform to simplify employee benefits enrollment, communications and administrative tasks, while also providing services to outsource... Show More

Optavise

We offer a multimodule benefits enrollment and administration system to help manage, communicate, and enroll employees in the benefits process.... Show More

Min. Group Size

Benefitfocus

1,000 eligible

Optavise

100 eligible

Lives Serviced

Benefitfocus

20,000,000

Optavise

882,668

Product Specific Features

Benefitfocus

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

✓

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

✓

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Optavise

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

Not offered

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

Not offered

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

Not offered

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Features

Benefitfocus

✓

Employee self-service

✓

Manager self-service

✓

iOS native application

✓

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

Optavise

✓

Employee self-service

✓

Manager self-service

✓

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

✓

SOC audit(s) performed

Official Resources

Benefitfocus

Optavise

Media

Benefitfocus

Optavise

About

Benefitfocus

Benefitfocus offers a complete solution to make employee benefits easier to choose, use and manage.

*Fully Outsourced... Show More

Optavise

Optavise is your trusted partner, guiding employees through their healthcare choices with a cohesive suite of voluntary benefits, benefits administration... Show More

Founded

Benefitfocus

June, 2000

Optavise

02/2001

Location

Benefitfocus

Charleston, SC

Optavise

11299 Illinois St Suite 200, Carmel, IN 46032

Employees

Benefitfocus

1,209

Optavise

300

Funding Summary

Benefitfocus

Not Provided

Optavise

Not Provided

Website

Reviews

Benefitfocus

3.8 (3)

Optavise

4.6 (11)

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