MB-4580 - USA (Massachusetts) - Flexible Spending Account Administration Services - Deadline October 15,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-4580

Government Authority located in Massachusetts; USA based organization looking for expert vendor for flexible spending account administration services.

[A] Budget: Looking for proposal

[B] Scope of Service:

(1) Vendor needs to provide flexible spending account administration services.
- Medical Insurance Deductibles
- Co-payments
- Vision Care eyeglasses, contact lenses, examinations
- All medical procedures not covered by insurance and OTC expenses
- All dental procedures not covered by insurance
- The city has 1,800 benefits eligible active employees eligible for the flexible spending account
- The estimated annual enrollments for flexible spending account plans are approximately 400
- Receive and process all claims via fax, email, postal mail, online or phone application
- Process and payout all claim within 5 business days
- Have the ability to administer grace period and process claims simultaneously for different plan
- Provide on-line account access for participants and city benefits staff to obtain information on
account balances, claims paid and claims received but not yet paid
- Determine and administer employee reimbursements
- Providing the option of reimbursement via check, debit care and direct deposit options
- At least three years of experience as an account manager for COBRA clients
- Mail qualifying event election notices to all qualified beneficiaries and mail them to the homes of eligible COBRA beneficiaries
- Provide a paperless solution including web-based communications, enrollment and account access for both participants and plan sponsor
- For the flexible spending account, provide individual subscribers with reports, at least twice per year, showing amounts credited to individual accounts, claims received, payments made, and account balance
- Provide other reports, services, etc. typically required in the administration of flexible spending
account balance
- Provide discrimination testing once a year for both the health care account and dependent care
(2) All question must be submitted no later than October 7, 2020.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

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

Expiry Date : Thursday, 15 October, 2020

Question Answer Deadline : Wednesday, 7 October, 2020

Category : Medical Billing and Coding

Country : USA

State : Massachusetts

RFP Expired

You can either pay for Single RFP/Bid document or Subscribe with Monthly Subscription for whole Medical Billing and Coding Category/Categories.

If you will obtain monthly subscription for Medical Billing and Codingcategory/categories, you will be able to access all the RFPs from that Category. Here are the Monthly Subscription offers. So, subscribe for Monthly offers and get rid of Individual RFP payment.

*No commitment =
(1) There is no minimum commitment.
(2) You can subscribe for as less as 1 month and cancel it any time. If you subscribe for annual offer, you can cancel it any time within year.
(3) There is no partial refund policy after Monthly or Annual subscription. You will be required to use services for a Month (Or Year since you have availed discounted pricing).
(4) You can cancel your subscription any-time directly from your PayPal account to stop further recurring charges before next due date.
(5) You will be able to download all RFPs for subscribed Category or Location without any extra cost.

Similar RFPs