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06/22/2021 (3)
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06/22/2021 (3)
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5/31/2022 1:33:06 PM
Creation date
5/31/2022 12:20:36 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
06/22/2021
Meeting Body
Board of County Commissioners
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Indian River County FSA, Retiree and COBRA Marketing Breakdown <br />Indian River County 0 <br />Effective 10/1/2021 IACKP <br />= <br />Initial Set up Fee (one-time fee for both FSA's) $0 <br />Annual Renewal Fee $0 <br />Total Setup Fess $0.00 <br />39 <br />counts as <br />Secure Online Access 24/7/365 <br />Yes <br />of <br />Yes <br />Direct Deposit <br />3.14.2021 <br />Participant Web Portal <br />Medical/Dependent Care FSA Acm;nistration Fee(PPPM) <br />257 <br />SS.00 <br />Dependent Care Only FSA Administration Fee (PFPM) <br />3 <br />$3.00 <br />Additional Charge for Employees in Extended G•ace Period <br />Enrollment Materials <br />Yes <br />(PPPM) <br />TBD <br />$3.00 <br />Debit Card Fee (indicate cost of replacement cares) <br />Section 125 Plan Document <br />$0 <br />Debit Card Technology/Vendor <br />Yes <br />No fee for technology/vendor <br />Yes <br />Auto Claims Adjudication <br />Dependent upon the scope <br />Debit Card Customizes <br />and complexity of the <br />Yes <br />Claim Processing Timing <br />customization request <br />Monthly Minimum Fee <br />Total Monthly Fees <br />Yes <br />$o <br />r <br />39 <br />Secure Online Access 24/7/365 <br />Yes <br />Mobile Applications <br />Yes <br />Direct Deposit <br />Yes <br />Participant Web Portal <br />Yes <br />Recurring Claim Automation <br />Yes <br />Live Customer Service Support <br />Yes <br />Enrollment Materials <br />Yes <br />Enrollment Meetings <br />Yes <br />Materials and Meeting for Bi -Lingual Populations <br />Yes; P&A has Spanish <br />materials, website, CSR's <br />Section 125 Plan Document <br />Yes <br />Summary Plan Description <br />Yes <br />Direct Deposit Capability <br />Yes <br />Auto Claims Adjudication <br />Yes <br />Dedicated Account Team - Single point of contact <br />Yes <br />Claim Processing Timing <br />P&A processes claims 24/7, <br />providing reimbursements <br />each day that banks are open. <br />Papedess Processing <br />Yes <br />Online Enrollment System <br />Yes <br />Plan Record Retention <br />Yes <br />Grace Period or Carry-over provision <br />Yes <br />Non -Discrimination Plan Testing <br />Yes <br />Electronic Employee Communications <br />Yes <br />Data File Integration <br />Yes <br />Contribution File <br />Yes <br />Eligibility File <br />Yes <br />Text Alerts <br />Total Annual Cost (First Year) <br />Yes <br />$9,360 <br />Rate Guarantee <br />5 Years <br />39 <br />
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