Benefit & Risk Management Services was founded in1994, and is located in Rancho Cordova, Calif. It offers various services risk management and third-party administration. It is a benefit administrator and health care risk manager that delivers administration solutions to control rising health care costs. Its services are powered by the Virtual Benefits Administration System, a proprietary database and administration system that allows employers to save time and money by automating management of the benefit supply chain. It has extensive experience in working with health care service providers that includes large hospitals and mental health, counseling and care program providers. Its risk management services include risk assessment and insurance underwriting, utilization review, data warehousing and reporting and medical management. The Virtual Benefits Administration System provides a wide range of services, such as employee communication, online enrollment, data management and benefit statements.
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