Business Details
22 Years
experience
Your Trusted Partner for Benefits Administration Solutions
Pbscard has been a trusted leader in benefits administration since 2004, specializing in IRS pre-tax programs and private exchange solutions. Our technology-driven platform streamlines HR and benefits management for employers, brokers, and employees through customizable systems that simplify open enrollment, compliance, and post-enrollment processes. We offer comprehensive services including Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), COBRA administration, and private healthcare exchanges, supported by a team of experts with deep industry knowledge. Our proprietary software consolidates complex HR tasks into intuitive tools, enabling businesses to reduce administrative burdens while enhancing employee engagement. With a focus on innovation and compliance, we provide white-glove onboarding, 24/7 self-service portals, and dedicated support to manage evolving regulatory requirements.Our solutions empower employers to control healthcare costs, improve workforce satisfaction, and adapt to changing industry landscapes. Backed by partnerships with leading carriers and technology providers, we deliver scalable platforms that support organizations of all sizes. Our commitment to excellence is reflected in our proven track record of helping clients navigate complex benefits ecosystems with confidence and efficiency. By combining cutting-edge technology with personalized service, we ensure our clients remain at the forefront of modern benefits administration.
Services
Flexible Spending Account (FSA) Administration
Health Savings Account (HSA) Administration
COBRA Administration Services
Private Healthcare Exchange Platform
Dependent Care Account (DCA) Administration
Qualified Transit Account (QTA) Administration
Health Reimbursement Arrangement (HRA) Administration
Wrap Plan Document Services
Form 5500 Services
Retail Brokerage Services
Details
- Year established: 2004
Highlights and features
- We offer 20+ years of combined experience in benefits administration and compliance.
- Our customizable platform supports employers of all sizes with scalable solutions.
- We provide 24/7 self-service portals for real-time benefits management and reporting.
- Our white-glove onboarding ensures seamless integration with existing HR systems.
- We maintain a 98% client retention rate through dedicated support and innovation.
Services
Flexible Spending Account (FSA) Administration
We administer Flexible Spending Accounts that allow employees to use pre-tax dollars for qualified medical expenses. Our platform simplifies enrollment, claims processing, and compliance monitoring while reducing taxable income. Employers benefit from streamlined administration and customizable plan designs that accommodate diverse workforce needs.
Health Savings Account (HSA) Administration
Our HSA administration services support tax-advantaged savings for high-deductible health plan holders. We provide integrated payment solutions, compliance tracking, and educational resources to maximize account utilization. Employers gain tools to manage contributions and ensure adherence to IRS regulations.
COBRA Administration Services
We handle COBRA continuation coverage administration, including notices, premium collection, and regulatory compliance. Our system automates eligibility tracking and communication to reduce administrative burdens. Employers receive expert guidance on federal and state continuation requirements.
Private Healthcare Exchange Platform
Our private exchange solutions offer employers flexible health plan options from multiple carriers. The platform supports defined contribution models and integrates with HR systems for seamless enrollment. Employers benefit from cost control and simplified benefits delivery.
Health Reimbursement Arrangement (HRA) Administration
We administer customizable HRAs that reimburse employees for qualified medical expenses. Our system supports integration with health plans and provides compliance oversight. Employers gain flexibility in designing benefit packages that meet organizational goals.
People
Bud Torello
Founder and CEO
Bud Torello established Pbscard in 2004 to revolutionize benefits administration. With decades of industry experience, he leads the company's strategic vision for technology-driven solutions that simplify complex HR processes while maintaining compliance.
Questions
What employee benefits does Progressive Benefit Solutions administer?
We manage FSAs, HSAs, HRAs, COBRA continuation coverage, private exchanges, and other pre-tax benefit programs for employers nationwide.
How does your private healthcare exchange work?
Our exchange platform offers employers and employees access to multiple health plan options from leading carriers, with tools to compare plans and manage enrollment digitally.
Do you support small businesses with benefits administration?
Yes, our scalable platform serves organizations of all sizes with customizable solutions for HR and compliance management.
How do you handle COBRA administration requirements?
We automate COBRA notices, premium tracking, and compliance monitoring while providing dedicated support for employers and participants.
What technology tools are available for benefits management?
Our platform includes self-service portals, mobile apps, real-time reporting dashboards, and integration with payroll systems for streamlined administration.
How can employers control healthcare costs through your services?
Our defined contribution models, private exchange options, and compliance tools help employers manage budgets while maintaining competitive benefits packages.
