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Benefits Administration Outsourcing Services
- FSA Administration
Flexible Spending Accounts are among the most
popular and cost effective benefits employers can offer. But
they can also be among the most difficult to administer.
Online FSA Administration
- Internet-based self-service for FSA participants
- Single vendor access to support and account management
- Built-in connectivity between systems and carriers
- Proven technology for tracking data relevant to these
activities
- Competitive rates from aggregated buying power
- Reduced implementation costs overall
- Multiple funding options and reimbursement cycles
- Supports POP, healthcare spending accounts, dependent
care spending accounts and transit/parking administration
- Optional benefits reimbursement cards
- Flexible benefit plans mean the government taxes less
income - and helps reduce FICA taxes.
FSA Administration Services
- Quarterly Account Balance Summary mailed to every participant
- Employer and participant web access for Internet users
to check claim status, account balance information, and
claims paid by category
- Activity, status and confirmation reports to keep you
in compliance and updated on the actions of your account
and participants
- Website connectivity for Internet users for data transfers
and activity notification
- 24-hour telephonic access to account status
- Call center operators available for FSA participant questions
- Optional: plan documentation, on-site enrollment, discrimination
testing, and electronic cards.
Participant Advantages
- Online enrollment and automated confirmation statements
- Online access to review claims, account balances and claims
paid
- Detailed explanation of benefits
- Quarterly statements
- Download/printable bilingual claim forms
- Direct deposit reimbursement
- Interactive savings calculator
FSA administration is supported in partnership with CONEXIS, one of the largest providers of these services in the United States.
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