MB-7174 - USA (Massachusetts) - Flexible Spending Account Plan Administration Service - Deadline March 21,2023

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-7174

Government Authority located in Massachusetts; USA based organization looking for flexible spending account plan administration service.

[*] Budget: Looking for Proposal

[*] Scope of Service:

(1) Vendor needs to provide flexible spending account plan administration service to health care reimbursement account component, and dependent care assistance plan component.  The City self-administers an insurance premium conversion plan, and this plan is excluded from this proposal request.
- Receive and process all claims.
- Determine and administer employee reimbursements.
- Provide points of contact for employees to call regarding questions, information, etc.
- Provide the city with reports necessary for the administration of the flexible spending account plan, including: periodic reports by employee showing amounts credited to the employees account, the amount paid from the account and the account balance, an end-of-plan year report showing, by employee, amounts left unexpended and other reports commonly provided.
- Provide individual subscribers with reports, at least twice per year, showing amounts credited to individual accounts, claims received, payments made and account balance.
- Have an app feature individual subscriber can use.
- Provide other reports, services, etc. typically required in the administration of Flexible Spending Account balance.
(2) The contract period will be for one year.
(3) All the questions must be submitted no later than March 14, 2023.

[*] Eligibility:

- Onshore (USA Organization Only);

[*] Work Performance:

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

Expiry Date : Tuesday, 21 March, 2023

Question Answer Deadline : Tuesday, 14 March, 2023

Category : Medical Billing and Coding

Country : USA

State : Massachusetts

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