Third Party Administrator for Healthcare Reimbursement Account Services

The Ocean County Board of Commissioners has awarded a contract to EB Employee Solutions, LLC d/b/a Difference Card to serve as the Third Party Administrator for Healthcare Reimbursement Account Services. The contract is valued at an estimated $550,000 and will run from July 1, 2024, to December 31, 2024, with the option to extend for two additional one-year periods. The contract is intended to provide administration services for the County's Health Reimbursement Account (HRA) program, which will offer employees the opportunity to enroll in the Direct Access 2035 plan with a fully funded HRA in the amount of $15,120. Key aspects of the contract include the administration of the HRA program, the provision of account services, and the option to extend the contract for two additional years. • The contract is valued at an estimated $550,000. • The contract will run from July 1, 2024, to December 31, 2024. • The contract has the option to extend for two additional one-year periods. • The contract is intended to provide administration services for the County's HRA program. • The HRA program will offer employees the opportunity to enroll in the Direct Access 2035 plan with a fully funded HRA in the amount of $15,120.