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Article: A maturing provider market increases outsourcing options.
- Article from:
- Employee Benefit News
- Article date:
- July 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The wave of benefits and human resources outsourcing that began in the early 1990s is turning into a veritable tsunami as more and more organizations look to transfer routine administrative tasks to outside vendors.
One result of this trend is a proliferation of new vendors joining the outsource market, many of them specializing in the administration and compliance with such benefit regulations as COBRA, QDROs/QMCSOs and HIPAA.
Some of the new outsource vendors are taking advantage of advances in computer and Internet technology, which allows them to provide new services such as recruitment and training on an outsource basis and makes providing services ...