Ascensus has entered into an agreement to acquire HR Simplified, a TPA that performs a variety of benefits administration and benefit continuation services. Among HR Simplified’s offerings are HSAs, FSAs, HRAs, pre-tax commuter benefit programs and COBRA administration. It will immediately become part of Ascensus’ Health and Benefits line of business.
In a June 26 announcement, Ascensus President David Musto hailed the agreement and the firm. “HR Simplified is a well-regarded firm that is renowned for offering a ‘no noise’ approach to benefits administration and serving their clients with passion, enthusiasm, and integrity,” said Musto. “When combined with the fact that they’ve developed and cultivated a solid reputation for reliability and dependability, it’s easy to understand why we believe that they’ll play an important role in the growth of Ascensus’ Health and Benefits line of business.”
