TPA Services "Tax Advantage Products"

Flexible Spending Accounts (FSA): Allow employees to set aside money for daycare, medical, parking on a pre-taxed basis.

·         Medical

·         Daycare

·         Parking and more

Health Reimbursement Arrangements (HRA):  A mixture of self insuring with a blind high deductible plan insurance plan.  Results may have a lower rate impact for those employers with reasonable utilization experience.

Health Savings Accounts (HSA): Want to lower your insurance premiums?  Institute a Health Savings Account Program which has NO “USE IT OR LOSE IT” provision.  Employers are not required to fund these accounts.

Premium Only Plans (POP):  Save in payroll taxes while allowing your employees to make their insurance and FSA contributions pre-tax.

Section 125 and Cafeteria Plans