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WageWorks Inc Acquires Benefit Concepts, Inc


Monday, 7 Jan 2013 04:05pm EST 

WageWorks Inc announced that it has acquired Benefit Concepts, Inc., a leading provider of outsourced benefit solutions, based in East Providence, RI. This transaction further strengthens WageWorks' position in the Consumer-Directed Benefits market. Benefit Concepts serves the needs of hundreds of mid-sized and large employers by providing their employees and families with a range of Consumer-Directed Benefits, including health care, such as Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs), COBRA benefits continuation, and active benefits enrollment, designed to make access to healthcare easier and more affordable. 

Company Quote

59.91
0.39 +0.66%
19 Dec 2014