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  • Lifetime Benefit Solutions in Expansion Mode

    Posted on: 7/24/2023 12:00 PM

    Syracuse, NY — July 19, 2023 — Lifetime Benefit Solutions (LBS), the upstate New York-based third-party administrator with offices in Syracuse, Rochester, and Buffalo, is increasing its presence in Virginia, North Carolina, South Carolina, and Tennessee with its purchase of a book of business from Virginia-based Towne Benefits. LBS acquired nearly 1,000 clients to provide COBRA, Reimbursement Accounts, and LBS’ full suite of ancillary benefits and specialty programs that help round out an employ… Read More

  • Lifetime Benefit Solutions again recognized as Best in Class

    Posted on: 6/8/2023 12:00 PM

    Syracuse, NY — June 8, 2023 — For the third year in a row, Lifetime Benefit Solutions (LBS) has been inducted into the Circle of Excellence by WEX, the global commerce platform. Syracuse-based LBS, with offices in Rochester and Buffalo, is an industry leader in designing, developing, and deploying Reimbursement Accounts, COBRA, Retirement Accounts, and other employee wellness-related plans that promote employee health while safeguarding a company’s financial health. “This honor places LBS a… Read More

  • Brokers: Earn Additional Commission While Driving Pharmacy Savings For Your Clients

    Posted on: 1/31/2023 2:00 PM

    Lifetime Benefit Solutions (LBS) is proud to share the outstanding results of Rx Concierge, our innovative stand-alone, commissionable pharmacy program helping self-funded plans save thousands of dollars every year, regardless of their health insurance carrier. Just take a look... 3,898 Conversions Initiated   360,000 Covered Members +7.4 Million Claims Analyzed   $2,900 Average Annual Savings per Converted Drug       In 2022, RX Concierge participants saw a combined savings … Read More

  • New Employee Education Benefit: Student Loan Repayment Benefit

    Posted on: 10/20/2022 8:00 AM

    Lifetime Benefit Solutions Introduces Student Loan Repayment Benefit SYRACUSE, NY – Lifetime Benefit Solutions, Inc. (LBS), with offices in Syracuse, Rochester, and Buffalo, will offer a new Student Loan Repayment Benefit product beginning October 17, 2022. “Student loan debt is a major concern for millions of employees around the country,” says LBS President Trish Mooney. “Student loan repayment programs give employers a way to help employees reduce their student loan burden and reach their f… Read More

  • 2022 Open Enrollment Calendar Update

    Posted on: 10/13/2022 9:00 AM

    As a reminder, please see the below dates and information that should be kept in mind for the 2023 Open Enrollment period. If you have any questions, please reach out to your client service consultant for assistance. November: 2nd – Groups renewing their Reimbursement Accounts for 1/1 must have all their information entered in the renewal portal. 15th – Last day for groups renewing COBRA for 12/1 to upload rate renewals on portal or supply to COBRA Service Team. December: 2nd – Participant E… Read More

  • LBS Named to WEX Circle of Excellence

    Posted on: 5/23/2022 9:00 AM

    Lifetime Benefit Solutions is proud to be inducted in the 2021 Circle of Excellence by WEX at its 2021 Partner Awards Ceremony during WEX Spark 2022.  The Circle of Excellence recognizes the top echelon of its partner community. The annual Partner Awards underscore the accomplishments and extraordinary efforts of the division’s partners in 2021. Read the press release below: Syracuse, NY — June 8, 2022 — Lifetime Benefit Solutions has been named a 2021 Circle of Excellence Partner by the He… Read More

  • LBS is now integrated with Employee Navigator

    Posted on: 4/12/2022 9:00 AM

    Lifetime Benefits Solutions, Inc. (LBS) is now integrated with Employee Navigator’s Human Resources Information System (HRIS) platform. With LBS integrating with Employee Navigator, this eliminates the upfront file feeds on the Health FSA, Dependent Care FSA and COBRA implementation side.  In fact, there are no membership file feeds required, making implementation easier for you and your client. For those not familiar with Employee Navigator, it provides HR and benefit software solutions as wel… Read More

  • LBS Non-Discrimination Testing Service Website Upgrade

    Posted on: 2/8/2022 8:00 AM

    Lifetime Benefit Solutions, Inc. (LBS) is in the process of enhancing our LBS Online Non-Discrimination Testing Service.  As part of the enhancement, we have added new testing options: Self-Funded/Health Reimbursement Account Eligibility and Benefits Test Cafeteria Plan Contributions and Benefits Test Dependent Care Assistance Program Contributions and Benefits Test If you have a calendar year plan:You will not be able to begin your 2022 testing until March 1, 2022, or shortly thereafter.  As … Read More