FAMILY
BUSINESS
SINCE
1993
Benefit & Risk Management Services
LEADING EMPLOYEE BENEFITS ADMINISTRATOR
F
ounded in 1993, Benefit & Risk coverage via insurance companies. From
Management Services (BRMS) basic education to intricate benefit-design
is a local family-owned and planning, BRMS works to help employers
operated third-party administrator helping comprehend and leverage the cost-savings
employers implement cost-effective, self- opportunities of self-funding.
funded health-benefit solutions. Owners
Matthew, Luke and Paul Schafer oversee the
organization with a focus on growing the
business by offering a wide range of benefit
administration and ancillary services with
unparalleled service.
BRMS provides an array of employee
benefit solutions, including claims
processing, medical management and
benefit administration. The company
also administers Taft-Hartley, COBRA,
FSA and HRA plans and provides
“At BRMS, building trusted and valued consolidated billing through their benefits
relationships is our top priority. We take administration system.
particular satisfaction in working with
employers and employee-benefit brokers in
this region to find competitive ways to offer
employer-sponsored health plans,” says
Luke Schafer, executive vice president. “With
health insurance premiums continuing
to skyrocket, we’ve seen an increase in
employers looking for alternative solutions.”
With experienced industry professionals,
BRMS works with mid-to-large size
employers to help explain, modify and
implement self-funded medical, dental
and vision plans. Independent studies
have shown that self-funding can cost as
much as 40 percent less than comparable
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“The technology servicing our employers
and members is proprietary,” Luke says. “We
develop and build our software in-house,
which gives us the flexibility to customize
solutions to better serve employers’ needs,
and that sets us apart from our competition.”
Today, located in Folsom and Honolulu,
BRMS has more than 350 clients nationwide
representing more than 500,000 member
“
With pride in
our service,
people and
technology, we
offer employers
alternative
solutions to the
fully-insured
marketplace.
— PAUL SCHAFER
”
Executive Vice President
lives. “Wanting to remain a family-owned
organization, our goal is to continue to grow
the business by working with employers
and brokers, educating them on alternative
solutions to curb increased cost to
employee benefits,” Luke concludes.
80 Iron Point Circle, Suite 200
Folsom CA 95630
888.326.2555
brmsonline.com