Third-Party Administrator

The County of Riverside Purchasing Department, on behalf of Human Resources, was seeking proposals from qualified parties to provide Third-Party Administrator Services for the County's Voluntary Employees Beneficiary Association (VEBA) Post Employment Program (PEP) Health Savings Plan (HSP). The contract was cancelled to redefine the scope of work. The County will be issuing a new bid under HRARC-068A at a later date. Key aspects of the contract include recordkeeping, claims processing, and generating quarterly statements to participants. The VEBA PEP HSP currently offers 10 investment funds. • The contract was for Third-Party Administrator Services for the County's VEBA PEP HSP. • The contract was cancelled to redefine the scope of work. • The County will be issuing a new bid under HRARC-068A at a later date. • The VEBA PEP HSP currently offers 10 investment funds. • The contract requires recordkeeping, claims processing, and generating quarterly statements to participants.