Loading...
Skip to main content
< Back to results

Section 125 Third Party Administration for Medical and Dependent Care Reimbursement


Location
Missouri
Publication Date
07/11/2019 12:33 PM EDT
Closing Date
07/31/2019 11:00 AM EDT
Issuing Organization
County of St. Charles
Solicitation Number
Description

Specifications include, but are not limited to: The County intends to offer Section 125 benefits that are at least comparable to those currently being utilized. Ease of submitting claims and quick turnaround times are important considerations for employee satisfaction, therefore, the County also requires the “debit card” reimbursement process in addition to the traditional reimbursement procedures. Coverage under the selected plan would commence January 1, 2020. County contracts are for one year; however, the County would prefer to execute an agreement which can be renewed under specified terms or conditions, mutually acceptable to both parties, for up to two additional one-year periods. Pricing for years 2021 and 2022 is therefore encouraged. 1. Process all claims under the medical reimbursement and dependent care plan. Claims processing to include receipt of claim, determination of eligible expenses and maximums, participant explanations, and preparing a register of eligible claims/ amounts per participant. 2. Schedule claims processing at least every 2 or 3 days, preferably daily to provide the greatest convenience in turnaround reimbursement. Optional benefit level would include proposal of instant reimbursement through the use of Section 125 “debit cards”. 3. Administer all details of operating a Section 125 plan, such as ensuring that the program is in compliance with federal regulation, ensuring that enrollees are eligible to participate, ensuring that payroll deductions balance with election affidavits, providing detailed records of all transactions, provide forms for enrollment, termination, and claims, and notifying the County and/or participants of inconsistencies, nonpayment of submitted claims, account balances, etc.

Get instant access

Get instant access to solicitation details & future business opportunities.

to solicitation details & future business opportunities.

Get Access

Vendor packages with access to similar open solicitations

Matching bid notifications & access to all Statewide & Group bid details

Statewide

Matching bid notifications & access to all Statewide & Group bid details

Matching bid notifications from participating agencies

Group

Matching bid notifications from participating agencies

Access participating agency bids

Basic

Access participating agency bids