Advantages of OMBAS
| Traditional | OMBAS | |
| Common administration fee for Small Business |
Premiums can range from 25% – 35%. | 12% administration fee on claims submitted. |
| Coverage | Limits are often imposed on health and dental benefits. eg. $200 for vision care. | Eligible expense are paid at 100% up to the total dollar amount available in annual health care spending account. Learn More |
| Actual claims > estimates | Premiums and reserves for the current year may be adjusted by prior year’s highest submitted claims | Employees are capped at the annual health care spending account. No effect on administration fees. |
| Actual claims < estimates | Usually, no reduction in premiums. | Employer only pays for what is claimed. |
| Flexibility | Often pre-packaged. | Minimum 1 employee required, total flexibility. |