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MB-3866 - USA (Alabama) - Third Party Administrator Services - Deadline March 4,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3866

Government Authority located in Alabama; USA based organization looking for expert vendor for third party administrator services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide Third Party Administrator Services for Health Savings Account (HSA) trustee, Flexible Spending Account (FSA) with Dependent Care Arrangement (DCA) administrator, and COBRA third party administrator.
- HSA for all eligible HDHP members, manage the HSAs and all required reporting, provide debit card processing, educate members on the investment strategies and financial options available for accountholders, develop and host an HSA portal website, offer online account services, respond to questions from members, develop educational materials, provide training to benefits administration staff on the operation of the HSA, and collaborate with other vendors as necessary.
- FSA/DCA will manage all claims substantiation and adjudication, member communications, debit card processing, employer interfaces and interactions, customer service, provide a coordinated HSA
and FSA portal website, and provide member and employer reporting and compliance support.
- COBRA will provide administrative processes and services for data transfer, production and distribution of notification letters, administration of premium collection and distribution of premium to university and/or carriers, carrier updates, including reinstatements and terminations, member services support, client reporting, and annual open enrolment communications and support for COBRA qualified beneficiaries.
(2) All question must be submitted no later than February 17, 2020.

[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 : Wednesday, 4 March, 2020

Question Answer Deadline : Monday, 17 February, 2020

Category : Medical Billing and Coding

Country : USA

State : Alabama

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