At EBC, we’ve served businesses design A huge number of strategies to satisfy their Group’s precise requires. Let’s Check out a few example HRAs that We've made for employers in the past. For more information, go to our Developing Your EBC HRA webpage.
You’ll also receive press notifications that provide you with a warning whenever a assert or Advantages Card swipe involves added documentation to validate eligibility. Using your cellular product’s camera, get shots of one's receipts/price documentation and simply add, all within the application.
Nondiscrimination tests at the conclusion of the approach 12 months, such as all 9 demanded checks for FSAs and cafeteria plans
Wrap prepare paperwork: Wrap your overall health and welfare Rewards into one approach document and summary strategy description (SPD) to simplify administration, Merge needed notices, and eradicate the need to post a number of Sort 5500s.
The advantages Card takes advantage of wise know-how in order that eligible EBC account-primarily based solutions are loaded onto the advantages Card. Individuals now not really need to juggle several playing cards merely to accessibility their benefit money.
We’re listed here to aid you through any inquiries you might have. By EBC Cell, you have a secure channel to deliver us issues and we’ll mail the reaction to the e-mail you presented in your profile.
We have now built our COBRA reports to assist employers handle their certified beneficiaries, oversee premium billing activity, and total their federally needed reporting.
Make reference to your staff Added benefits data from your Human Means Division in the event you’re freshly eligible for Gains or log into your on the net account to verify which options you at present have.
Rollover is a popular approach option that allows as much as a specified quantity of unused cash to roll from one particular prepare year to the next. Rollover is not really accessible for dependent care FSAs.
Our Compliance Services present employers While using the assist they need to meet up with essential restrictions. We offer the next add-on solutions to businesses who use EBC to administer other advantage choices:
Nondiscrimination screening at the end of the system calendar year, including all nine demanded checks for FSAs and cafeteria designs
Employers who have an interest in enriching their benefits software can design their HRA to ensure that it’s suitable with a overall health savings account (HSA) and/or wellness treatment flexible investing account (FSA). Supplying an HRA using an HSA and/or FSA ebc may help members improve their cost savings.
With our automobile-convert attribute, contributors which are at present enrolled in an ordinary overall health FSA as well as enroll in an HSA will immediately contain the money inside their common well being FSA transformed to your constrained wellness FSA to maintain HSA-eligibility.
Wellness personal savings account (HSA): Set aside cash over a pre-tax foundation to purchase competent healthcare expenses. You have your HSA and have the flexibility to pick irrespective of whether you commit, conserve, or invest your HSA dollars.