RFP #1172758 - Flexible Spending Accounts (Health Care FSA, Child Care FSA, and Commuter/Mass Transit FSA) and Health Saving Account (HSA) Benefit Administration

This solicitation will be issued through BidNet's Maryland Purchasing Group ( https://www.bidnetdirect.com/maryland/montgomerycounty ). In the spirit of continuous improvement, Montgomery County utilizes this platform to post solicitations and accept electronic responses from vendors. Registration is required and FREE for all Montgomery County solicitations by selecting the "Limited" option upon registration. IF YOU NEED HELP REGISTERING, please call BidNet Direct’s Support Department at 800-835-4603.

The County is seeking proposals from qualified vendors to provide Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSA) effective January 1, 2027. Currently the County offers FSAs program that include Health Care, Child Care, and Commuter/Mass Transit accounts. The Health Saving Account (HSA) program is not an option under the current County’s benefit plan, but it may be implemented in the future.

The intent of this RFP is to select one (1) Contractor to provide Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSA) plans effective January 1, 2027. Offerors must duplicate the County’s existing FSA program and services and must identify any deviations in instances where they were unable to duplicate existing services within PF 5– Deviations of Attachment D, Technical Questionnaire. The County’s current FSA plans are listed under PF6 - Current Plan Design of Attachment D, Technical Questionnaire.

The primary objective is to contract with a Third-Party Administrator (TPA) with full knowledge, capability and resourcefulness to effectively administer the County’s FSA program including eligible claims reimbursement, record keeping, enrollment services, participant education and communications in accordance with IRS guidelines.