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fsa administration
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POWERPLUS has long been recognized by industry experts as the preeminent flexible spending account reimbursement system in America. With literally hundreds of clients throughout the country, we understand, perhaps better than anyone, that each TPA’s administration model and operating processes are unique. POWERPLUS’ strengths lie in enabling the user to establish processing routines according to their own set of preferences.
Here are some of the system highlights: - Plan set-up flexibility using “User-Defined” codes and values
- Plan administration conveniences such as auto-adjudicated claims import
- Customer self-service opportunities including web-based account inquiry, online elections and online claims submission
- Compliance aids for Discrimination, Key Employee and Highly Compensated Employee testing, plus system based tracking of multiple election periods
- Professional Administration tools for global processing, multiple output options, extensive ad-hoc reporting and convenient and easy to use data import and export capabilities.
In POWERPLUS, the core FSA Administration capabilities have been expanded to allow you to administer other types of reimbursement accounts (TRAs, HRAs and HSAs), Premium-Only Plans or voluntary coverages without additional system expense. All of the exciting system features, like account prioritization, flexible plan design and Pay to Provider capabilities can be applied to any of your flex accounts. POWERPLUS is the strongest, most versatile tool for the administration of today’s benefits plans!
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