Third Party Administrator Services for Health Reimbursement Arrangement

The government authority located in New Jersey seeks a US-based third-party administrator to establish and manage a Health Reimbursement Account service. The selected vendor must administer coverage for the cost difference between various health and prescription plans. The buyer requires the vendor to deliver comprehensive educational resources to employee members both electronically and in person. Additionally, the vendor must maintain sufficient staff to handle claim and procedure inquiries through a call-in or log-in system. The buyer also requests an option for a stop-loss reinsurance policy to cap its cost exposure between targeted and actual expended plan costs. Eligible bidders must be USA organizations. The vendor will perform the work offsite. The buyer accepts digital proposals submitted via email or online, and the buyer is currently seeking budget proposals.