Ascensus Expands Employee Benefits Administration and Compliance Capabilities with Agreement to Acquire UnifyHR
DRESHER, Pa., June 30, 2021 /PRNewswire/ -- Ascensus whose technology and expertise help millions of people save for retirement, education, and healthcarehas entered into an agreement to acquire UnifyHR, a third-party administrator that provides employee benefits administration and compliance solutions including Affordable Care Act (ACA) compliance, Consolidated Omnibus Budget Reconciliation Act (COBRA) administration, and eligibility verification services.
- DRESHER, Pa., June 30, 2021 /PRNewswire/ -- Ascensus whose technology and expertise help millions of people save for retirement, education, and healthcarehas entered into an agreement to acquire UnifyHR, a third-party administrator that provides employee benefits administration and compliance solutions including Affordable Care Act (ACA) compliance, Consolidated Omnibus Budget Reconciliation Act (COBRA) administration, and eligibility verification services.
- "UnifyHR has been highly successful in taking the complexity out of employee benefits administration and compliance obligations," states David Musto, president and CEO of Ascensus.
- "By adding their knowledge and expertise to our Health & Benefits line of business, Ascensus reaffirms our commitment to helping employers satisfy their fiduciary and compliance responsibilities by making employee benefits easier to manage."
- "We're delighted to welcome UnifyHR's clients and associates to Ascensus and will continue to pursue opportunities to broaden our consumer-directed healthcare and employee benefits administration offerings."