ForumsEmployee Benefits and Retirement Planning

Up to All Forums

7 Replies Last post: Sep 10, 2009 5:09 PM by NEOS100

BEST BENEFITS

Oct 14, 2007 1:05 PM

FERRARIF40 2 posts since
Oct 14, 2007

Hello out there.........I live and work in Arizona. I recieved a letter on wednesday 10/10/07 from Bank of America, with an introduction that they had just started a new healthcare system. IT was only $19.95 per month per person and covered just about everything. Well, needless to say I was very interested to sign up and get my few employees coverage.............. well......today is sunday and in our local Arizona paper it stated that this is a scam and do not send them money and avoid the Best Benefits completely. Bank of America has nothing to do with this program.... So, please if you get a form letter and it looks like the real deal from Bank of America.....check into it immediately.

Tags: Report as inappropriate

erinoir 17 posts since
Oct 24, 2007

1. Re: BEST BENEFITS Oct 24, 2007 1:19 PM

I'm so sorry to hear of your troubles. I hope that you are able to reclaim your lost funds. Thank you for warning everyone!

If you are in need of benefits, check out the info in my profile.

Erin

Report as inappropriate

LUCKIEST 7,939 posts since
Aug 6, 2007

2. Re: BEST BENEFITS Oct 24, 2007 3:20 PM

Thanks for the heads up. People spend a lot of time coming up with scams.
I would check with the post office since you used mail. That is interstate.
LUCKIEST

Report as inappropriate

Kaicee 1 posts since
Nov 1, 2007

3. Re: BEST BENEFITS Nov 1, 2007 6:18 PM

Wow, am I happy I googled Best Benefits and Bank of America! I was really duped by this form letter and was going to send my money. It really looks legitimate! But I saved 19.95 because of this forum, thank you! The form letter says it will deduct monthly payments from your BOA account but doesn't ask for the account number. I guess they are either happy that they "gotcha" for the 19.95 or they ask for the acct number in the next letter to you after pay. I sure hope they don't have access to bank records!

Kaicee

Report as inappropriate

Lighthouse24 2,396 posts since
Oct 10, 2007

4. Re: BEST BENEFITS Nov 1, 2007 7:25 PM

Thanks for the warning. It also serves as a good reminder that the more common a human problem or condition becomes (whether it's finding affordable health care coverage, suffering back pain, trying to lose weight, or whatever), the more scam artists and charlatans it will attract -- so when the purpose of your small business is to help people (or organizations) solve their problems, part of the ongoing marketing challenge is to separate and distinguish yourself from all the "rip-offs." Thanks again.

Report as inappropriate

FERRARIF40 2 posts since
Oct 14, 2007

5. Re: BEST BENEFITS Nov 2, 2007 1:56 PM

glad to see people are checking this out, today is friday nov 2 and I just received yet another exact letter from supposed BofA and said time is running out join now, I am taking this letter to my BofA branch and see if they can do something about this, man I wish it was not a scam, rates would be great for all of us.

Report as inappropriate

Intelicapital 36 posts since
May 20, 2009

6. Re: BEST BENEFITS Jul 9, 2009 5:11 PM

The best benefits can usually be found at larger corporations who have outsourced their HR and benefits to a Professional Employer Organization like
www.acceon-usa.com . The reason for this is that they receive much better rates from the insurance companies because they may employee 100s if not thousands of employees (volume discounts.) If you are business owner, these solutions could actually save your company money. If you are an employee without affordable benefits, you might try convincing your employer to opt into a plan like this...

Report as inappropriate

NEOS100 2 posts since
Sep 10, 2009

7. Re: BEST BENEFITS Sep 10, 2009 5:09 PM

Have you considered a HDHP with an HSA?

Report as inappropriate

Bank of America, N.A. Member FDIC. Equal Housing Lender

Bank of America is not responsible for user posts and other user content appearing on this website and does not endorse or guarantee the perspectives, the advice, the users, the businesses, or the products or services sold by any users or businesses that appear on this website.

ForumsEmployee Benefits and Retirement Planning

BEST BENEFITS

Oct 14, 2007 1:05 PM

More Like This

Most Recent Forum Posts

Legend