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Administrative Services

Benecon Administrative Services Product Guide

With Benecon’s Administrative Services, gain access to a full suite of value-added services.

HSA

A Health Savings Account is an employee owned, taxadvantaged savings account used in conjunction with a High Deductible Health Plan (HDHP).

The Consolidated Omnibus Reconciliation Act gives employees who lose their benefits the right to choose to continue group health benefits provided by their employer for limited periods of time if the employee experiences a qualifying event.

HRA

A Health Reimbursement Arrangement is an employer funded arrangement that may be used to reimburse employees for qualified medical expenses set by the employer. Semi-annual billing services for eligible retirees.

FSA

A Flexible Spending Account is an employer offered, tax-advantaged account funded by the employee to pay for qualified medical expenses with pre-taxed dollars. An Individual Coverage HRA is an employer funded, tax-advantaged arrangement in which employers of any size can reimburse employees for some or all of the premiums that their employees pay for health insurance that they purchase on their own.

DCAP

A Dependent Care Assistance Plan is an employer offered, tax-advantaged plan funded by the employee to pay for care for eligible dependents, such as children or disabled family members. A Qualified Small Employer HRA is an employer funded, tax-advantaged arrangement in which employers with under 50 Full Time Employees can reimburse their employees for their health insurance premiums that they purchase on their own.

Tuition Reimbursement Programs

Employer funded, tax-advantaged plan that can pay an employee up to $5,250 in educational assistance benefits each year.

An Excepted Benefit HRA is an employer funded, taxadvantaged arrangement, under which employers provide funds towards the cost of vision, dental or short term limited duration insurance premiums that they purchase on their own.

Commuter Transit / Parking Benefits

Employer established, tax-advantaged account funded by the employee and/or the employer to pay for qualified mass transit and parking expenses on a monthly basis. COBRA

Retiree Billing

ICHRA

QSEHRA

EBHRA

Value Enhancements

In addition to our CDH & COBRA offerings, Benecon’s Administrative Services Team provides best-in-class customer service and access to industry-leading mobile and web-based services.

Administrative Portals/CDH Mobile App

24/7 access to Employer & Participant Portals Enhanced Reporting Capabilities Enrollment and Eligibility Management Account Funding and Contribution Management IOS/Android App That Makes Account Management Easy

Plan Management and Consumer Engagement

Personalized Customer Service Representatives Available During Working Hours to Assist our Partners and their Clients Personalized CDH Open Enrollment Presentations and Marketing Materials Plan Setup and Renewals with no extra charges (*excluding Mini-COBRA) No Minimum Requirements on Employee Plan Participation Compliance Webinars and Instructional Videos

FSA / HSA Store and HealthShopper

Special deals on eligible FSA & HSA products Industry Leading Web Browsers for FSA/HSA Eligible Items Customized Communications for Participants Purchased Products Require Zero Substantiation if paired with a Benecon FSA/ HSA Debit Card

Enhancing the Consumer Experience

Benecon Portal: www.my-healthshopper.com/?id=10624

Bringing together the leader in health spending accounts and the leader in online retail to deliver the easiest way to learn about, shop for, choose and purchase HSA/ FSA eligible retail items online. Under the “Eligible Expense List“ on the Home Page, learn about what expenses can be reimbursed under your program and what documentation may be required.

Search for products on Health Shopper, and when ready to purchase, you will be guided to Amazon to procure the product.The transaction experience will work similar to any other purchase a consumer makes on Amazon, including utilizing Amazon Prime benefits.

Get Started Today! www.my-healthshopper.com/?id=10624 CDHServices@benecon.com

Amazon is responsible for delivery and customer service for purchases made via Health Shopper.