Our experts provide ongoing support and maintenance to keep your accounts compliant and your time efficient.
Benefits Administration Simplified
Administering multiple account types can be time-consuming. Plus, ensuring proper enrollment, updating files when life circumstances change, and accessing funds to pay for expenses can be difficult, especially while managing other important time-sensitive responsibilities.
Due to the legal and regulatory demands of voluntary benefits accounts, HR professionals often take time away from other more people-focused tasks to be sure everything is dotted and crossed.
When there’s just not enough time in the day, trust your benefits administration needs to Catapult.
Our experts work with you to administer and maintain high-touch voluntary benefit plans that make your business more competitive and attractive to your ideal employees.
To keep voluntary benefits accounts compliant and efficient, our friendly benefits professionals:
- Set up accounts
- Enroll your employees
- Execute ongoing support & maintenance
Full-Service Administration Plans
Before launching or renewing your business’ voluntary benefits, explore your options and ensure you’re offering your employees the best, most cost-effective plans. Free up your time and support your employees with confidence by partnering with Catapult Benefits Administration experts.
Find the healthcare benefits plan that makes sense for your organization and we’ll do the rest.
We offer several benefits compliance services including 5500 filing, plan documents, wrap documents and HIPAA training.
COBRA administration can be complex and time-consuming. We offer full-cycle COBRA administration services with outstandingly competitive rates, personalized customer service, and complete compliance.
These services include:
- Start to finish notification services, from initial COBRA rights notification to COBRA information packets
- Open enrollment packets to participants
- Communication with participants
- Premium collection and remittance services, tracking and reporting
- Online employer portal
FSAs enhance your total benefits package while reducing FICA and unemployment taxes.
The FSA plan allows participants to pay for eligible healthcare and dependent care expenses on a pre-tax basis.
Catapult offers personalized FSA administration as well as robust participant account features.
Our services include:
- Custom enrollment materials (English & Spanish)
- Educational materials including videos (English & Spanish)
- On-site employee meetings (English & Spanish)
- Debit cards & direct deposit
- Plan document/summary plan description preparation
These employer-funded accounts save companies thousands of dollars while helping employees with out-of-pocket expenses.
Catapult helps you choose the type of HRA, the benefit amount, the reimbursement method, the payment type, and the choice between carry-over and forfeit. We fully support custom plan design.
This plan option helps employers and employees manage healthcare costs and expenses while saving on taxes.
For employers offering a qualified high-deductible health plan, Catapult can help establish a banking relationship with one of our preferred banks.
Once the relationship is established, we’ll provide customer service support to participants.
As a standalone relationship, you do not have to change banks when you change insurance carriers.
For employers offering high-deductible health plans, Catapult offers limited-purpose FSAs.
Unlike the regular flexible spending account, this health savings account can only be used for vision and dental expenses.
For this reason, an HSA participant may also enroll in an LPFSA.
A QSEHRA is available to employers who have less than 50 full-time-equivalent (FTE) employees and do not offer a group health plan.
The QSEHRA can be established to reimburse employees for their health insurance premiums and/or eligible unreimbursed medical expenses.
Similar to a regular HRA, a QSEHRA is funded 100% by the employer. However, employers are not required to offer COBRA coverage or ERISA.
For employers offering post-retirement benefits, Catapult offers personalized retiree billing administration.
Our services include:
- Personalized customer service
- Open enrollment packets to retirees
- Premium collection & tracking
A transportation spending account allows participating employees to set aside pre-tax funds to pay for qualified work-related transportation expenses.
Unlike other tax-favored benefit plans that are structured annually, commuter benefits are exclusive to employees (not dependents) and are structured as a monthly benefit.
Catapult service features include debit cards, direct deposit and reporting.
All services feature:
- All-inclusive rates
- Personalized customer service & a dedicated COBRA administrator
- 24/7 employer & participant portals
- Participant Mobile apps
- Educational materials
- Plan summary & document description preparation
- 48-hour claims processing (upon receipt of all required documentation)
- Direct deposit & automatic dependent care reimbursement (with initial setup)
- Open enrollment meeting support
- Support in Spanish including:
- Phone & email access to bilingual team members
- Participant forms
- Open enrollment presentations
Contact us to learn more about how Catapult can support your business with our Benefits Administration Solutions.