HRA, FSA, QSEHRA & ICHRA Administrative Claim Services
CoreAdmin administrative claim services means: Professional online claims processing services for HRA, QSEHRA, ICHRA and FSA plans. Puts account management in employees’ hands with 24/7/365 account portal. Access from anywhere with mobile app for Section 125 Health FSA, Dependent Care FSA, and HRA Plans — including the new QSEHRA and ICHRA plans.
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, and HRA plan claims administrative services.
24/7/365 Online access
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.
Benefit debit card
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 or HRA balance, which means employees no longer have to wait for reimbursement.
How much does Section 125 and HRA Claims Processing cost?
Unlike many administrators of Section 125 or HRA plans, CoreAdmin does not have a high minimum Participant monthly charge for small employers, but, the Administrative Claim Service is provided for our Plan Document clients only. The Plan Document must be current and comply with the latest IRS and DOL guidelines. A minimum Set-Up Fee* will apply, but the Monthly Fee is just $50.00 per month for 1-5 Participants.
HRA Minimum Set Up Fee = $150 (includes set-up for up to 15 Participants)
FSA Minimum Set Up Fee = $100 (includes set-up for up to 10 Participants)
