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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 <br />Effective 10/1/2021 LOd(TOH <br />40 <br />Counts as of <br />Secure Online Access 24/7/365 <br />Yes <br />3.10.2021 <br />Yes <br />Monthly Fee Per Benefit Eligible <br />1,801 <br />$0 <br />Employee + Retiree <br />Enrollment Materials (optional) <br />Yes <br />Monthly Fee Per Employee Enrolled in a <br />1,376 <br />$0.50 <br />COBRA Eligible Plan <br />Initial Notifications <br />Yes <br />Monthly Per Active COBRA Enrollees <br />15 <br />$0 <br />Monthly Minimum Fee <br />Total Monthly Fees <br />HIPAA Certificates <br />$0 <br />$688 <br />40 <br />Secure Online Access 24/7/365 <br />Yes <br />Mobile Applications <br />Yes <br />Participant Web Portal <br />Yes <br />Recurring Claim Automation <br />N/A <br />Enrollment Materials (optional) <br />Yes <br />Conduct Open Enrollment <br />Yes <br />Dedicated Account Team - Single point of <br />contact <br />Yes <br />Initial Notifications <br />Yes <br />Qualifying Event Notices <br />Yes <br />Carrier Notification - <br />rei nstatement/termi nation <br />Yes <br />HIPAA Certificates <br />Yes <br />Past Due Notices to COBRA Participants <br />Yes <br />Real-time & Monthly Reporting <br />Yes <br />Carrier Communication & Premium <br />Yes <br />Carrier Retains 2% <br />Contribution File <br />Yes <br />Yes <br />Eligibility File <br />Text Alerts <br />Total Annual Cost (First Year) <br />es <br />*Yes <br />$8,256 <br />Rate Guarantee 3 Years <br />40 <br />
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