MB-3199 - USA (California) - COBRA and Flexible Spending Account and Health Reimbursement Account Administration Services - Deadline July 11,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3199

Government Authority located in California; USA based organization looking for expert vendor for COBRA and flexible spending account and health reimbursement account administration services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide COBRA and flexible spending account and health reimbursement account administration services.
- COBRA Administration:
- Initial COBRA Notice, Coupon mailing and billing statement, Premium collection and tracking and ACH premium deductions, COBRA termination letters, including early termination,
- Updating of system for new plan year’s rates,
- Vendor eligibility reporting.
- Distribution of unavailability of COBRA coverage,
- Self-pay premium administration for participants on leave
- HIPAA Creditable Coverage notices for the County Health Plan self-insured plans
- Cal-COBRA notices
- FSA Administration:
- Discrimination testing,
- Attendance at open enrolment meetings,
- Handling of open enrolment information packages,
-Online web tools for enrolment, submission of expense documentation and account balances,
- Debit cards
- Plan Document preparation assistance,
- HRA administration and investment services:
- Administer HRA Plan according to plan rules,
- Maintain participant information including all necessary data elements to ensure proper plan administration,
- Provide claims procedures information to enrolled participants when they retire or terminate and are eligible to submit expenses for reimbursement,
- Promptly credit contributions to participant accounts and update account balances within 48 hours of receipt of transmittal,
- Provide debit cards and manage all debit card transactions for participants eligible to withdraw expenses for reimbursement,
- Provide online access to account balance information via a secure Internet portal both to plan participants,
- Establish any custodial trust agreements necessary for the financial transactions,
- Stay current on legal and regulatory changes affecting HRA plans and debit cards, and conduct internal audits of operations to assure compliance with policies and procedures.
(2) Intent to bid is to be submitted no later than 21 June, 2019.
(3) All the questions must be submitted no later than June 24, 2019.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Thursday, 11 July, 2019

Question Answer Deadline : Monday, 24 June, 2019

Category : Medical Billing and Coding

Country : USA

State : California

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