Why Outsource Section 125 FSA, DCAP, HSA or HRA Administration?
One word - convenience. All employers want to take advantage of Section 125 and HRA tax-advantaged healthcare solutions offered by Core Documents, however some may not want to deal with the day to day administrative issues or the HIPAA liability that comes from handling employee protected health information.

For these clients Core Documents now offers a state-of-the-art online portal for Section 125, FSA, DCAP, HSA and HRA plan administration, plus the added convenience of a MasterCard© debit card for every employee. Debit cards allow your employees to instantly access their account balance. Employees will no longer have to wait for reimbursement.

Employees can also: enroll online, make instant changes to their information, and access their account balances and information via any Internet connection, any time of the day, seven days a week. This virtually eliminates internal inquiries by employees about their plan.

How much does Section 125 and HRA Administration cost?
Unlike many administrators of Section 125 or HRA plans, Core Documents does not have a minimum monthly charge for small employers.

Section 125 FSA and HRA Administrative Fees are per employee:

Download an Administration Fax Order Form

Primary Section 125 & HRA Administrative Services include the following:

Section 125 and/or HRA Account Management
• Experienced Section 125 Flexible Spending Account Manager assigned
• Separate toll-free access for employer's staff
• Benefit deduction and eligibility/census data exchanges via FTP, xml, csv format
• Complete employer reports package for Section 125 and/or HRA transactions
• Reconciliation of all benefit contributions and posting to individual employee accounts
• Remittance of Section 125 premium deductions to provider insurance companies
• Employer-paid or funded benefit options

Section 125 and/or HRA Enrollment and Fulfillment
• Internet enrollment for all benefits data capture
• Online group meetings
• Exchange of election information with payroll vendor
• Confirmation packages sent to participants after enrollment

Section 125 and/or HRA Communication materials
• Upload Section 125 or HRA Summary Plan Description (SPD)
• Section 125 or HRA Printed and/or electronic
• Standard or customized materials
• Enrollment booklets, forms, posters, advance letters, flyers, newsletters
• Employer schedules and announcements

Section 125 or HRA Customer Services
• Toll-free, bilingual access Monday through Friday
• Open and new hire enrollment support including tax-savings analysis
• Employee self-service - 24/7 secure Internet access to:
• Claim forms and instructions
• Claim status and account balances
• FAQs
• E-mail support for questions

Section 125 FSA claim adjudication and reimbursement
• Paper claims
• Reimbursement options:
• Check or the MasterCard® Card
• Stored-value card permits paperless reimbursements for prescription co-pays
• FSA account information with each reimbursement by check
• Account statements 24 x 7 to participants
• COBRA processing for Medical FSA

Section 125 or HRA Compliance
• Discrimination Testing
• 5500 Forms
• Regulatory updates
• HIPAA

Section 125 or HRA COBRA
• Available for COBRA-eligible FSA or HSA benefits
• Premium billing, reconciliation and remittance to applicable

Download an Administration Fax Order Form