(800) 677-7887
(800) 677-7887

Online Benefit Procurement Process

Live online inverse auction tool to get the most competitive pricing for your organization.

The Employee Benefits experts at PSA strive to deliver the most sophisticated, forward-thinking ways to add value and save money for our clients. PSA has exclusive access to a proprietary, online RFP system specifically designed to provide contract and spend management services for employee benefit programs.

EB Spend Management Tool

View a screenshot of a live auction

Used by Fortune 500 companies since 2007, more than 1,300 contracts for 700+ employers covering 3.5 million employees and $2 billion in premium, have been listed on the system. Utilized for Life, Disability, Stop Loss, Pharmacy and Dental, the proprietary online process is designed to accommodate RFPs for all sized employers, regardless of complexity. System Features:

  • Live online inverse auction tool.
  • Every on-line RFP is a customized, detailed sourcing project which outlines your exact plan design and account services desired.
  • Puts the power in the hands of the consumer.
  • Achieves the lowest possible market pricing.

PSA uses this unique approach to procure benefits. It makes RFP results transparent and ensures the most competitive pricing for your organization.


Call (800) 677-7887
Locations

Baltimore, MD

11311 McCormick Rd., Suite 500

Hunt Valley, MD 21031

Snow Hill, MD

301 N. Washington St.

Snow Hill, MD 21863

This material is not intended to replace the advice of a qualified advisor. Information has been obtained from sources believed to be reliable. It is for informational purposes only and is not guaranteed as to accuracy, and may not reflect our current opinion. All rights reserved. No reproduction in whole or in part is permitted without the express written consent of PSA, a Hilb Group Company. PSA Insurance & Financial Services, its affiliates and employees are not responsible for the content of other web or social networking sites.

Products and services referenced are for general information only. Always consult a qualified advisor prior to purchasing and review manufacturer’s instructions prior to use. PSA cannot be held liable for the inappropriate use of any products. As tax laws may change, consult your financial advisor or tax professional to determine the best strategies for your specific situation. Investment and Insurance Products are not FDIC or Other Governmental Agency insured and may lose value. Investment Advisory Services are offered through PSA Financial Advisors, Inc, a Registered Investment Advisor, which is located at 11311 McCormick Road, Hunt Valley, MD 21031, and may only transact business in those states in which they are registered or exempted from registration.  Contact our office at 410-821-7766. To protect your privacy, do not send personal information via the internet.

Copyright © PSA Financial Advisors, Inc. All Rights Reserved.

Our Solutions

Disclosure Information