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Medical Expense Reimbursement Plan (MERP)

Under a typical MERP situation, let’s use an easy example to walk through the process. ABC Employer is currently paying extremely high premiums to offer a $500/$1,000 Deductible plan to their employees. After learning about the MERP Plan, they decide to … See more

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URL: https://bdsadmin.com/employer/medical-expense-reimbursement-plan-merp/

Health Savings Accounts

WEBHealth Savings Accounts. An HSA is a tax-free savings account that you can use to save money and pay for qualified health care expenses with tax-free dollars. Plus, unused …

Category:  Health Go Health

Health Savings Accounts

WEBAn HSA is really a two part equation, 1. You have the Qualified High Deductible Health Plan (QHDHP) linked with 2. A Savings Account, you and your employees have the ability to …

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Wellness Programs

WEBA Wellness Program is an organized program to assist and support workers in establishing healthier lifestyles. This can include increasing employee awareness on health topics, …

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4 Step Approach to Prescription Drug Carve-Out

WEBStep 1: All employers should carve-out the prescription drug coverage within their health plan. For years, insurance carriers & certain PBM’s have made entirely too much money …

Category:  Health Go Health

Transparent Health

WEBTransparent Health immediately enacts these services when claims exceed a particular threshold. High claims are unavoidable in any size group health plan, but having an …

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COBRA Administration

WEBA COBRA Qualified Beneficiary is a person who is covered under the group health plan on the day before the Qualifying Event who is either an employee, spouse of an employee, …

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Reimbursement Process

WEBReimbursement Process. Providing different lines of administration; may or may not require different items to be submitted. BDS processes all claims Monday – Thursday at 12 PM …

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Further Guidance on FSA Carry Over & HSA Eligibility

WEBA cafeteria plan that provides both a general purpose health FSA and an limited purpose FSA may be designed to automatically treat an individual who elects HDHP coverage for …

Category:  Health Go Health

Products and Services

WEBBenefit Design Specialists (BDS) is a Brokerage and Administration Agency in one, all under the same roof. You will work with a single point of contact for all of the services …

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Reference-Based Pricing

WEBAt BDS, we deliver transformative healthcare savings for our clients by helping them achieve the same fiscal discipline they have in all other areas of their business. …

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The HIPAA Survival Kit

WEBHIPAA is a federal law that gives you rights over your health information and sets rules and limits on who can look at and receive your health information. Download the HIPAA …

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Glossary of Health Coverage and Medical Terms

WEBThe amount can vary by the type of covered health care service. Deductible. amount you owe for health care services your health insurance or plan covers before your health …

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Section 125 Cafeteria Plans (POP & FSA)

WEBSection 125 plans afford you the opportunity to use pre-tax dollars to pay for your health care expenses, from Premium payments to qualified medical, dental, and vision …

Category:  Medical Go Health

Request for Reimbursement Claim Form Page of

WEBRequest for Reimbursement Claim Form Page ___ of ___ Employer Name: Email: Employee Name: XXX Last Last 4 First MI

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You’re Invited – Annual BDS Healthcare Solutions Summit

WEBBenefit Design Specialists, Inc. would like to invite you, and any additional guests, to our Annual BDS Healthcare Solutions Summit – “Designing the Health Plan of the …

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Section 125 Cafeteria Plans

WEBSection 125 Cafeteria Plans. Section 125 plans are a tremendous opportunity for you to enhance your benefits package. The Premium Only Plan (POP) is the building block of …

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