Health Savings Account and Flexible Spending Account Administration Services

The vendor is required to provide that health savings account and flexible spending account administration services for all state agencies, universities, boards, and commissions.
- The consolidated omnibus budget reconciliation act (cobra), the family medical leave act (FMLA), medicare, medicaid, and the uniformed services employment and reemployment rights act (USERRA).
- Enrollment of employees who become eligible during the plan year will be conducted in the same manner as during the open enrollment period
- Employees may enroll in the health savings account (HAS) and flexible spending account (FSA) within thirty-one (31) calendar days of the date the employee first becomes eligible to apply for coverage.
- The eligibility of participants against the eligibility files that will be supplied electronically by department before authorizing benefits
- To accept eligibility files from department via the state’s secure file transfer protocol (sftp).
- The file includes, at a minimum:
• All newly enrolled employees;
• All status changes; and
• All current deductions and/or adjustments
- Provide coverage to all eligible participants, as determined by department
- Assume responsibility for salary reductions authorized by employees who elect to participate in the program.
- Salary reductions will be made on a bi-weekly basis in accordance with the department payroll calendar.
- Contract Period/Term: 5 years