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HRA Administration Technology Reaches New Heights


American Benefits Group is pleased to announce a major enhancement to its consumer-directed health plan administration services. The new offerings enable employee benefit brokers and consultants to offer highly customized plans that simplify and automate the administration and management of Health Reimbursement Arrangement (HRA) for plans. The enhanced HRA platform and design functionality will be available for all HRA plans Jan. 1, 2011.

Employers can now “stack” or combine HRA plans with other accounts such as Flexible Spending Accounts (FSAs) and access all accounts through a single myFlexResource Smart Debit Card payment system. In addition, employers can automate which account is accessed first for claims benefit payment order. Complex plan rules and parameters are managed automatically during claim adjudication or settlement to ensure that HRA plans are administered to each employer’s specifications. Embedded deductibles can be tracked by dependent underneath of an Aggregate Family Deductible. In addition, new Direct Provider Payment Reimbursement options are being introduced for HRA clients.

“These new system enhancements create easy-to-use and easy-to-administer tools that will facilitate and further strengthen value-added services and processes on behalf of employers and plan participants,” said Bob Cummings, Managing Principal and CEO. “We will continue to assess industry-wide needs and are committed providing timely, user-friendly, leading edge and cost-effective solutions for consumer-directed health plans.”

The new HRA capabilities automate and enforce rules for a variety of HRA plan designs including:

  • Provider Payment Reimbursement Options
  • Upfront deductibles
  • Mid-tier deductibles (donut hole plans)
  • Multiple levels of plan payout percentages
  • Payout % by claim expense type
  • Individual and family plan characteristics
  • Co-pay amounts by procedure type
  • Embedded deductibles and embedded benefits

About American Benefits Group
American Benefits Group, a wholly owned NFP subsidiary and Platform Partner provider for NFP Benefits Partners is a national TPA administrative service provider that develops employee benefit solutions with a focus on user-friendly, cost-effective strategies. ABG provides a wide range of products and services, including HRAs, FSA, Health Savings Accounts (HSA), healthcare/dependent care, Transportation Spending Accounts (TSA), Comprehensive COBRA Administration Services and Premium Billing Arrangements. www.amben.com

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