Comstock's magazine 1019 - October 2019 | Page 10

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 10 comstocksmag.com | October 201 9 “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