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MB-3480 - USA (New York) - Third Party Administrator Service - Deadline September 30,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3480

Government authority located in New York; USA based organization looking for expert vendor for third party administrator service.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide third party administrator service.
1. Medical Flexible Spending Account/Dependent Care Account Administration: -
• IRS Maximum of $2700 and $5000 allowed
• Open to all 213d and Dependent Care expenses (dental, vision, medical and Rx)
• Debit Card Client
• FSA pays prior to HRA (HRA is a spend down only)
• Open to all 213d expenses (dental, vision, medical and Rx)
• All plans offer a 90-day active run out and 90 terms run out
• Current Plan Participation (as of 9/10/19):
o Medical FSA: 342
o Dependent Care FSA: 63
2. Health Reimbursement Account Administration: - Open to all 213d expenses (dental, vision, medical and Rx)
• Rolls over year to year
• All plans offer a 90-day active run out and 90 terms run out
• Current Plan Participation (as of 9/10/19):
o HRA: 666
3. Parking/Transit Reimbursement Account Administration: - IRS Maximum of $265.00 per month allowed
• Current Plan Participation (as of 9/10/19):
o QTB: 188
4. COBRA Administration: -
• Qualifying event-related COBRA notifications
• Notifying COBRA participants after 60 days expires
• Enrolling a participant
• Confirmation of enrolment to participant and employer
• Notifying participant's dependents when maximum age reached
• Notifying participants of change in coverage
• Grace period notifications if employer chooses
• Terminating at requests of participant
• Notifying participants when eligibility ends
• Tracking extension of COBRA due to disabilities
• Notifying of conversion rights
• Notifying participants of second qualifying event
• Invoices for Administrative Services will be remitted by the vendor on a monthly basis
• Current COBRA Active Participation (as of 9/10/19):
o Medical – 4
o Dental – 56
o Vision - 45
(2) All question had been submitted no later than September 17, 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 : Monday, 30 September, 2019

Question Answer Deadline : Tuesday, 17 September, 2019

Category : Medical Billing and Coding

Country : USA

State : New York

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