POMCO Selects Benefit Informatics for Online Analytical, Reporting & Planning Solutions

2/7/2007

Nationwide, average health benefit costs per employee continue to rise at more than twice the rate of inflation. As these figures continue to increase each year, employers are seeking more effective methods to control costs.

Clients of Syracuse, NY-based POMCO Group, a leading administrator of self-insured benefit plans, now have access to industry-leading online resources to assist in monitoring and controlling employee health plan costs. Benefit Informatics, Inc. announced an agreement to provide Benefit Analyzer® and Benefit Planner® online solutions to POMCO for analyzing health claim data and developing programs to meet changing needs of employers.

With these new services, POMCO's clients can better understand benefit plan expenses, anticipate future budget requirements and implement solutions such as employee wellness programs to lower costs.

POMCO provides integrated services featuring the latest technology combined with more than 25 years of claims and benefit administration experience. Integrating Benefit Informatics analytical, reporting and planning technology adds essential value to existing POMCO Group service offerings, according to President and CEO Robert Pomfrey.

"We constantly look for ways to provide comprehensive benefit administration solutions for our clients," Pomfrey said. "Through our partnership with Benefit Informatics, we're able to offer industry-leading online solutions that play an important role in our ability to attract and retain customers, as well as improving business processes."

Philip Kurtz, President and CEO of Benefit Informatics, considers the new relationship with POMCO to be an important step in the continuing growth of the company. "POMCO is truly an industry leader and has a reputation for offering total benefit solutions for customers. We are very pleased to be a partner in providing POMCO's self-insured employer customers online benefit administration solutions that help them understand, predict and lower benefit costs."