Flexible Spending Account and Health Savings Account Administration

Agency: State Government of Texas
State: Texas
Type of Government: State & Local
NAICS Category:
  • 524292 - Third Party Administration of Insurance and Pension Funds
  • 524298 - All Other Insurance Related Activities
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Oct 15, 2024
Due Date: Nov 14, 2024
Solicitation No: 2510-004
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Contact information: Please Login to View Page
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Description

Flexible Spending Account and Health Savings Account Administration
Solicitation ID:

2510-004

Status:

Posted

Contact Name:

Balena Bunch

Contact Number:

(512) 538-4601

Contact Email:

balena.bunch@centralhealth.net

Response Due Date:

11/14/2024

Response Due Time:

2:00 PM

Agency/Texas SmartBuy Member Number:

B0006

Posting Requirement:

21+ Days for Solicitation Notice

Solicitation Posting Date:

10/15/2024

Last Modified:

10/15/2024 4:32 pm

Class/Item Code:

91840-Employee Benefits Consulting;

Solicitation Description:

Central Health is seeking proposals to administer thefull Health Care and Dependent Care Spending Accounts. The maximum limits are currently $3,200 forthe Health Care Flexible Spending Account and $5,000 for the Dependent CareAccount. Central Health currentlyutilizes a debit card for both accounts and a $640 carry-over/2.5 month graceperiod for the Health Care Flexible Spending Account.

Central Health is adding a qualified High DeductibleHealth Plan in 2025. The proposer mustoffer the ability to administer a limited purpose Health Care Spending Accountand post deductible Health Care Spending Account.

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