BackFSA Administration
Relieve your HR from administrative burdens
Claim adjudication. Depend on MCAI to be assured claims are evaluated impartially following the regulations of the IRS.Reconciling participant accounts. Payroll deductions versus claims paid and auditing accounts to make sure the employee is meeting the election.Processing claim denials. This time-consuming task includes creating individual denial letters and careful follow-up. Printing tasks. Your accounting department will not have to print checks for each payout when MCAI processes claims. Confidentiality. Your HR department won’t see what claims are being submitted and your employees will be assured of their confidentiality.Following complex IRS regulations. Turn to the experts at MCAI to tap into IRS regulations, bounce your questions and give you qualified advice.Personnel and space demands. Do you have the employees available to process and file paper claims in-house and the storage to accommodate growing paperwork? Our Administrative Package
As part of our Flexible Spending Accounts Administrative services we provide:Extensive reporting for employer and participants HR access to reports via web or auto-email if requested Electronic file processing Rapid claims processing - within 24 hours of receipt Participant account information 24/7 via the Web Convenient debit payment card option Affordability
Competitive ratesBudget oriented pricing Effective and efficient systems reduce overhead Quality personnel increases productivity and reduces overhead Experience and Qualifications
We are focused on and specialize in the administration of employee benefits Our in-house administration system allows for continuing improvements and flexible response to unique client needsWe maintain constant industry watch We are active member of ECFC (Employers Council on Flexible Compensation) Values, integrity and expertise Useful Documents
