TASC purchases MGIS service offering

Madison-based Total Administrative Services Corp. (TASC) has purchased the Consumer-Directed Healthcare service offering of MGIS Companies of Utah. The offering includes flexible spending account, health reimbursement arrangement, health savings account, and COBRA services.

TASC is a third-party employee benefits administrator. The MGIS Cos. Inc. provides specialized group disability insurance, medical-profession liability insurance, and practice improvement products and services. The transaction does not affect MGIS’s core insurance product lines.