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Member Resources
WEBA Qualifying Event (QE) is generally when a triggering event causes a loss of health plan coverage. There are 7 triggering events: Termination of Employment or Reduction in hours. Birth or adoption. Death. Marriage or Divorce. Child gains or loses dependent status. Gains or loses Medicare or Medicaid coverage.
Actived: 6 days ago
Benefits Administration
WEBBenefit Management Administrators (BMA) is a “Full Service” third party benefits administrator (TPA) that provides contract administrative services for employer groups in need of Health Plan Administration, COBRA/HIPAA, Cafeteria Plan, Prescription Drug, Dental, Vision, Stop-Loss Procurement and Consulting Services. The employer’s needs …
Health Savings Account
WEBA “Health Savings Account” (HSA’s) is an account established by an “eligible individual,” or an employer, for “eligible individuals,” for the purpose of paying for qualified medical expenses of a Plan Member or their eligible dependents. As of January 1, 2004, individuals enrolled in a high-deductible health plan (“HDHP”) may
Benefit Management Administrators
WEBWelcome to the BMA Health Portal! Once you log in, you may: View your health plan benefits and summaries; Find a healthcare provider; Download your ID card; See your claims; Check your deductible and out of pocket balances; Access a variety of health and wellness resources
Custom Designed Healthcare Benefit Plans
WEBEmployers can make wise benefit decisions by knowing the facts about their plan performance. Benefit Management Administrators provides full transparency of the employer’s benefit costs and health plan spending, equipping them to make informed decisions about their benefit plan.
Minimum Essential Coverage Plans (MEC)
WEBOur MEC plan options are solid, low-cost alternatives to traditional medical insurance. BMA specializes in Minimum Essential Coverage plan options which helps employers comply with one of the two Affordable Care Act (ACA) requirements under the Employer Shared Responsibility Provisions (ESRP). Our plans are perfect for small employers as BMA
Flexible Spending Accounts
WEBA healthcare flexible spending account (FSA) is an employer-sponsored benefit that allows you to set aside pre-tax dollars into an account to be used for eligible medical, dental and vision expenses for you, your spouse, and your eligible dependents.
Traditional Self-Funded Plans
WEBHow BMA Excels at Self-Funded Plan Management. BMA provides efficient claims management services achieved through superior processing accuracy and claim turnaround services. We work with a variety of self-funded medical benefit plans including Health Reimbursement Arrangements (HRA), PPO plans, HMO plans and Medical …
Reimbursement Benefits
WEBA Health Reimbursement Arrangement (HRA) is an employer-funded, tax-advantaged benefit plan to reimburse employees for their out-of -pocket health care expenses. Like HSA plans, employers can save money on their group health plan premiums; while creating a benefit plan much more affordable for their employees.
Minimum Essential Coverage (MEC) Benefit Plans for Small Business
WEB2019 ACA’s MEC “A” penalty $2,500 per employee per year or $208.33 PEPM.-(only for employees that receive a subsidy) The penalty for the MV “B” is $3,750 per employee per year or $312.50 PEPM-(only for employees that receive a subsidy)
Compliance Management
WEBBenefit Management Administrators assists our clients in complying with all federal mandates and will provide the documents and services that are needed to set up and maintain your Premium Only Plan. We provide consultation as needed and our goal is to assist you in containing costs while streamlining the efforts needed to administer your
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