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MB-3731 - USA (Texas) - Benefits Third Party Administrator Section 125 And Optional Insurance Program - Deadline January 29,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3731

Government Authority located in Texas; USA based organization looking for expert vendor for benefits third party administrator section 125 and optional insurance program.

[A] Budget: Looking for proposal

[B] Scope of Service:

(1) Vendor needs to provide a qualified third-party administrator to administer its Section 125 plan and optional insurance program.
- Third party administrator (TPA) must be licensed as a Life Insurance counsellor (benefit consultant) and include a copy of the license for all key personnel to be assigned to the District, with the proposal.
- TPA must keep the district informed of all changes in both state and federal laws and regulations pertaining to Internal revenue code section 125 to ensure the district and the plan remain in compliance at all times.
- TPA must provide a sample plan document which can be modified to the school district needs.
- TPA will provide enrollment specialist to conduct one-on-one enrollment with employees.
- TPA will provide consolidated monthly billings, including plan recaps which allow the District to submit one check for all payroll deducted products.
- TPA will process all medical reimbursement and dependent care flexible spending account claims within 5 business days of receipt of claim.
- TPA will provide information to plan participants concerning participation status on a routine basis and other inquiries on an as needed basis.
- TPA will assist the district in all affordable care act compliance as needed, including reports that are downloadable to MS Excel for sorting purposes.
- TPA will assist in the processing of all claims and claims problems as needed.
- TPA will assure continuing compliance with the internal revenue code and department of labor regulations and rules of the employer; including but not limited to, reviewing salary reduction agreements, benefit election forms, plan documents, summary plan descriptions, plan changes and amendments, and any IRS filings.
(2) All the questions must be submitted no later than January 24, 2020  

[C] Eligibility:

Onshore (USA Only)

[D] Work Performance:

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

Expiry Date : Wednesday, 29 January, 2020

Question Answer Deadline : Friday, 24 January, 2020

Category : Medical Billing and Coding

Country : USA

State : Texas

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