Benefit Administrative Services

Description

The purpose of this Request for Proposals (RFP) is to solicit competitive sealed proposals for a Contract for benefit administrative services for County of Volusia and the Constitutional Officers’ employees, retirees, and COBRA Participants. These services include third party administration of Medical and Dependent Care Flexible Spending Accounts (FSA), Health Reimbursement Arrangement (HRA), COBRA, and retiree billing administration.      Requested services include:Flexible Spending Account (FSA) AdministrationMedical FSA with debit cardDependent Care FSA with debit cardHealth Reimbursement Arrangement (HRA) AdministrationReimbursement for medical claims that fall under F.S 112.1816COBRA Administration & ComplianceMedical, dental, vision, and FSARetiree Billing and Premium Collection AdministrationUnder age 65 medical, dental, and visionAge 65 and older, Medicare Supplement (two (2) plan options), Pharmacy Part D, dental, and visionMinimum participation requirements shall be waived.Only one (1) monthly fee per participant even if the participant is enrolled in both Medical and Dependent Care FSA Plans shall be required.Termination fees, set up fees, annual renewal fees, remittance to carrier, initial notice and open enrollment mailers shall be waived.Contractor shall provide costs based on retention of 2 % COBRA administration fee.