State of South Dakota Account Based Plans (HRA, HSA and FSA)

The State of South Dakota is seeking a qualified vendor to administer its Account‑Based Plans – Health Reimbursement Arrangements (HRA), Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) – for the State Employee Benefits Program. The contract will cover full‑cycle plan administration, claim processing, debit‑card issuance, payroll data integration, reporting, compliance (HIPAA, IRS 1075, FMLA, etc.), and support for annual open‑enrollment events. The award will be a five‑year agreement (July 1 2027 – June 30 2032) with two possible one‑year extensions, and the vendor must meet extensive security, data‑privacy, and IT requirements defined by the Bureau of Information and Technology (BIT). • Administer HRA, HSA, and FSA accounts for ~13 k state employees, including claim processing, debit‑card services, and employer contributions. • Integrate with the State’s payroll/HRIS (INFOR/GHR), provide secure data exchange (ACH/wire, SFTP), and support annual open‑enrollment and wellness incentive programs. • Comply with stringent security and privacy mandates (HIPAA BAA, BIT security questionnaire, SOC 2/PCI‑DSS, MFA, data‑residency in the U.S., background checks, etc.). • Deliver a comprehensive project plan, system diagrams for on‑premise, vendor‑hosted, or Azure PaaS options, and ongoing reporting, testing, and support.