FSA & HRA Administration

Many employers offer their employees Flexible Spending Accounts (FSA) and are offsetting increasing costs by incorporating a Health Reimbursement Arrangement (HRA) into their overall benefits package. A&I administers these benefits and can offer automation when administered in conjunction with your medical health plan. Clear communication and education is the key to successful participation in an FSA or HRA plan. A&I will partner with you to put these critical tools in place.

Our FSA services include:

  • Claim Processing & Payment (automated payments available when medical and flex claims are funded from the same bank account)
  • Enrollment & Eligibility Maintenance
  • Record Keeping
  • Payroll Reports & Funding Allocations
  • Discrimination Testing
  • Activity Reporting
  • Employee Communication Materials
  • Participant Account Statements
  • Forfeiture Reporting

A&I offers an optional FSA debit card through Metavante. Members have real-time access to check account status and balances on-line.

Quickly and simply pay for expenses such as:

  • Office visit co-pays
  • Prescription co-pays
  • Licensed daycare facilities, pre-school and after school programs

Our HRA services include:

  • Flexibility in frequency of updating funds
  • Ability to pay all HRA funds directly to employees only
  • Assignment of HRA funds to provider or employee
  • Automated or manual HRA reimbursement processing
  • Predefined annual spending caps
  • Coordination of HRA and FSA plans with ability to determine which plan pays first (when both HRA and FSA are administered by A&I)
  • Ability to provide Employee statements
  • HRA Bridge plan design option