Benefits Administration Products
CPI offers a full suite of services to meet the ever-changing needs of our valued customers. We work hard to achieve stress-free COBRA, FSA, HSA and HRA administration for our clients and their employees while utilizing substantiation procedures that ensure plan compliance.
Explore Our Benefits Administration Services
COBRA
As an extension of your HR department, CPI is here to assist in ensuring you remain compliant with federal regulations under the Consolidated Omnibus Budget Reconciliation Act (COBRA).
FSA
Flexible Spending Accounts enable consumers to budget for qualified expenses and contain cost through tax savings. We work hard to achieve stress-free FSA administration for our clients and their employees.
HRA
Now, more than ever, healthcare dollars need to go further. With a Health Reimbursement Account (HRA), they can. CPI can simplify the process for you and your employees.
HSA
We have chosen to partner with Lively to offer our clients HSA administration, providing employers and employees with transparency and a paperless, digital way to manage their Health Savings Account.
Special Plan Member (SPM)
An SPM is an individual who is billed on a regular schedule for one or more plans or benefits. The billing frequency and specific types of plans or benefits are not associated with any laws or regulations.
LIFESTYLE SPENDING ACCOUNTS (LSAs)
LSA offer you a way to provide a personalized and flexible benefit to support employees’ mental, physical, and financial wellness needs. Furthermore, they are post-tax accounts, so employers can easily control how you want your LSA to be designed. But there are some LSA rules you need to follow to stay compliant
