CoreAdmin Convenience means:
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.
Employees can 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.
Plus, there is the added CoreAdmin Convenience of a debit card for every employee. Debit cards allow your employees to pay for eligible medical products and services on site from their health FSA, HSA, or HRA balance, which means employees no longer have to wait for reimbursement.
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 (per employee):
|
Group Size
|
Set Up Fee*
|
Monthly Fee
|
| 1-5 employees |
$10.00
|
$10.00
|
| 6 -10 employees |
$9.00
|
$9.00
|
| 11-20 employees |
$8.00
|
$8.00
|
| 21 -50 employees |
$7.00
|
$7.00
|
| 51+ please call for a quote |
Call
|
Call
|
*Minimum setup fee of $50.00 for Health FSA Plans and $100.00 for HRA may apply depending on the administrative options chosen.
