At EBC, we’ve aided companies structure A large number of programs to satisfy their Firm’s distinct desires. Allow’s Look into a few instance HRAs that We now have created for companies prior to now. To find out more, check out our Constructing Your EBC HRA webpage.
Once you use your Gains Card at these suppliers, you pay out straight from your gain account without needing to spend out-of-pocket after which you can submit a assert for reimbursement.
Nondiscrimination screening at the end of the strategy 12 months, together with all nine needed assessments for FSAs and cafeteria options
Wrap prepare files: Wrap your wellbeing and welfare Positive aspects into one approach document and summary program description (SPD) to simplify administration, Blend needed notices, and reduce the need to submit numerous Kind 5500s.
The Benefits Card works by using sensible technological innovation so that eligible EBC account-primarily based products are loaded onto the Benefits Card. Individuals now not should juggle several cards simply just to entry their advantage funds.
Personal care things or expert services for general wellness are certainly not ordinarily suitable, but if your well being care supplier recommends an in any other case private goods and services to take care of a certain prognosis, it is possible to post the cost for reimbursement using a Letter of Health care Requirement.
Our Compliance Products and services offer companies Along with the support they need to satisfy critical polices. We provide the subsequent add-on providers to companies who use EBC to administer other benefit offerings:
With our auto-transform feature, contributors that are currently enrolled in a standard health FSA in addition to enroll within an HSA will mechanically provide the money in their standard health and fitness FSA transformed into a restricted health FSA to take care of HSA-eligibility.
Rollover is a well-liked strategy selection which allows as much as a specified volume of unused funds to roll from 1 program year to the subsequent. Rollover is just not accessible for dependent care FSAs.
Use your Advantages Card! The simplest way to invest in an suitable price is to use your Positive aspects Card at a retailer that approves qualified charges at The purpose of sale ebc with their electronic payment program.
Nondiscrimination testing at the conclusion of the strategy calendar year, including all 9 expected assessments for FSAs and cafeteria strategies
Request supplemental playing cards if you want an additional Benefits Card for somebody who doesn’t at present have one.
Though COBRA is a complex legislation with lots of intricacies, our administration assists companies fulfill the necessary COBRA specifications and will help COBRA capable beneficiaries Possess a easy transition of their health and fitness treatment coverage.
Health financial savings account (HSA): Set aside funds over a pre-tax foundation to pay for capable clinical costs. You have your HSA and also have the flexibleness to select irrespective of whether you expend, help you save, or devote your HSA bucks.