HRA Administration

Offering Consumer-driven health care plans that include an HRA option can drive down overall health care cost for your company and employees.  As HRA plan options are beneficial and growing in popularity, RP Riley can create a custom plan of benefits, over see implementation, educate your employees, and help every step of the way.  Learn more on how we truly have endless flexibility in implementing  your unique HRA.

COBRA Administration

The Consolidated Omnibus Budget Reconciliation Act (COBRA) allows individuals to continue their group health plan coverage in certain situations. Specifically, COBRA requires group health plans to offer continuation coverage to covered employees and dependents when coverage would otherwise be lost due to certain specific events.

COBRA sets rules for how and when continuation coverage must be offered and provided, how employees and their families may elect continuation coverage and when continuation coverage may be terminated.

RP Riley Offers full COBRA services to employers to help avoid compliance mistakes.

FSA Administration

An FSA is an employer-sponsored savings account for health care expenses. You are not taxed on the money put into the FSA, and you can then use the account to pay for qualified out-of-pocket health care costs, such as your deductible and copays, but not your premium. However, you cannot stockpile money in the account from year to year, and you will lose leftover money in the account at the end of the plan year unless your employer offers an option that allows for either a short extension or a small carry-over into the next year.

Our administrative services will make sure your plan is compliant and your employees understand the advantages in enrolling in the plan.