ABOUT US
Welcome to TPA Systems Inc.
TPA Systems Inc. (TPAS) is a licensed third party administrator (TPA) that specializes in the implementation and administration of the three most important flexible compensation plans offered to employees today: the Health Reimbursement Arrangement (HRA), the Section 125 Cafeteria Plan (Flex Plan), and the Health Savings Account (HSA). These consumer driven healthcare plans have become a staple benefit to significantly reduce overall health care costs for all parties.
As demand for these plans increase, many companies have emerged offering the same products and services that we do, but we are not your ordinary run-of-the mill TPA. In addition to providing industry leading technology and impeccable customer service, we place value in accommodating all employer sizes and needs. We over 15 years of experience, we can handle many different setups across a wide scope of complexity.
We invite you to browse our website and learn more about our services. Make sure to review our testimonials. Then contact us today for a quote!
CONSUMER DRIVEN HEALTHCARE
Flexible Compensation Plans
Group HRA/Individual HRA
Our versions of a Health Reimbursement Arrangement, designed to lower group premiums and increases cash flow for employers.
FSA Plan
Often considered a win-win for both employer and employee as both parties save a significant amount of money in payroll taxes.
HSA Plan
Offers a three-pronged tax benefit: tax-free contributions, tax-deferred investment growth, and tax-free withdrawals.
Serving Employers and their Employees for more than 15 years!
DESIGNED AROUND TODAY’S EMPLOYERS
Administration Services
Our Flexible Benefit Plan solutions offer easy-to-use, online forms, reports, and secure, self-service portals that fully engage members to deliver high consumer and employer satisfaction, and valuable insight to administrators. The following is just a sampling of some of the tasks that can be completed online.
Employers:
- Account balance
- Claim history
- Debit card funding report
- Enrollment roster
- Various service requests forms
- And more!
Employees:
- Account summary
- File claims
- Direct deposit set-up
- Benefit elections summary
- Various service request forms
- And more!
When it comes to implementing and managing flexible compensation plans, TPA Systems Inc. offers the best possible combination of price and service.
- Low installation and set-up fees
- Low ongoing administration fees
- No charge for new employee ID or debit cards ($10 charge to replace lost debit card)
- Prompt information regarding employer contributions and employee reimbursements
- Great employee claims service
- No charge for mid-calendar-year plan changes
In addition, TPA Systems Inc. offers an extremely powerful benefit on your behalf to your employees and their dependents: with most reimbursement plans, we will advance claim dollars to covered individuals before their benefits are funded.*
*Subject to timely funding of employer HRA funding contributions, receipt of properly filed claim from employee, Uniform Coverage Rules, and terms of the Administration and Trust Agreement between the employer and TPAS
Getting started with your Flexible Compensation Plan(s) is as easy as 1, 2, 3.
HRAs and FSAs are qualified plans under the Employee Retirement Income Security Act (ERISA), and consequently are required to be formally installed and adopted. Our set up includes the following which are required to maintain the tax-free status advantages of your plans.
- Delivery of a tailor-made plan document for your plan(s). Without this document you have no plan!
- Summary plan descriptions (SPD) to provide to your employees.
As an industry leader, TPA Systems Inc. has been offering smart debit cards with our plans since 2006.
- We can stack your FSA, HRA, and HSA all on one debit card, which makes using benefits easier than ever, no waiting on reimbursements!
- Cards are programmed to only allow eligible purchases based on employer design and IRS guidelines for FSA, HRA and HSA.
- Can be deactivated or reactivated at either the employer or the administrator level.
Debit cards are programed based on the The Inventory Information Approval System, or IIAS, which is a point-of-sale technology used by healthcare service providers and retailers that accept FSA debit cards. We provide the plan documents necessary to ensure that the plans and debit cards function and interact with one another according to the stated rules.
WHY CHOOSE US
Our Key Advantages
Tailor-Made Plan Document Coordination
Plan coordination for FSAs and HRAs is crucial to adopt the proper plan documents specifying how the plans follow IRS guidelines and work together in regulatory compliance. We have the experience needed to achieve this result.
Dedicated Support & Service
We have a tried and true “people centric” approach to customer service – have it your way! Whether provided through our online portals or personally, our support is built around getting our clients what they need fast. And were good at it. See our testimonials below.
Variety/Flexibility in Employer Funding Arrangements
We offer a variety of different claim funding arrangements to employers, as well as the ability to design and administer just about any plan that an employer can think of, no matter how unusual it might be.
“A client for 15 years and “prefers us to other TPAs”
Benefits Design Group
See full testimonial
TESTIMONIALS
What Our Clients Say
Exceeds Expectations
Exceptional service! We have used TPA Systems for years and they continue exceeding our expectations for customer service, timeliness, and creative solutions for our employee benefits. Our law firm wanted to cut costs and Stacey showed us HRA, HSA and LFSA solutions which reduce benefits costs for the law firm and maximize tax savings for the firm and our employees.
Makes Life Easier
The way an employer knows whether its HRA/FSA administrator is doing its job is that you never hear any complaints from your employees. TPA Systems shines in this regard. TPA Systems, you have been a pleasure to work with over the past few years. You make my life easier!
Works Flawlessly
For the better part of 15 years, Third Party Administrators Systems (TPA Systems) has provided Bay City Gas with professional services related to administering both our group health insurance plan and our Health Reimbursement Account (HRA). The HRA plan has worked flawlessly, both on the users’ side and on the administrative side. We highly recommend TPA Systems for any entity in need of these services.
Knows What They Are Doing
Stacey Merritt and his staff are the best to work with. Very efficient! The reimbursements are always within 7 days of receiving the request. Stacey is very quick to respond to any questions I might have. They always give you the option to do your own reports or they will do them. I personally let them do my state reports. Stacey and his team know what they are doing!!!! I will continue to use this company for as long as our city offers this program to its employees.
Stood the Test of Time
Our law firm has had many carriers and vendors providing and administering employee benefits over the years, but the one company we do business with that has stood the test of time is TPA Systems Inc. Since we first installed our cafeteria plan many years ago, TPAS has provided excellent, prompt service to both our staff at the administration level and our employees at the consumer level. We highly recommend TPAS.
Prefers Us To Other TPAs
Our firm has used TPA Systems, Inc. for our H.R.A./H.S.A. benefit administration for fifteen years and has yet to receive a negative comment from any of our clients. When preparing a presentation, TPA Systems’ attention to detail is impeccable and professionalism is unquestioned. The latter is displayed during employee enrollment meetings which involve audience participation. For these reasons I do not entertain solicitations from other third-party administrators.
Highly Recommends Us
I have been working with Stacey Merritt and TPA Systems, Inc. over the past 9 years offering HRA, HSA, POP Plan, and Flexible Spending Accounts to my employee benefit customers in Houston, Texas. My customers and I have been extremely pleased with their highly professional and prompt service and would highly recommend Stacey and TPA Systems, Inc. to both benefits professionals and employers.
We Are A Beacon of Light
As an insurance broker, I am constantly tasked with finding a solution to the ever-increasing cost of health insurance and higher deductibles for employees. Stacey Merritt of TPA Systems has been a beacon of light for me, and his service, knowledge and expertise has helped my employer groups keep a consistent plan while containing cost. TPA Systems delivers HRA, HSA, FSA, and COBRA administration with ease, affordability, and excellent turnaround time. Of all the arrows in my quiver, TPA Systems may be one of the sharpest.
A Great Experience
I have known Stacey Merritt for over 35 years and have been doing business with his firm for 14+. His knowledge of the third party administration business is top-notch. My experience with TPA Systems Inc. has been nothing short of great! I would highly urge you to consider TPA Systems for any and all things pertaining to HRA, HSA, FSA, and plan documents!
Appreciates Accuracy, Quick Response and Help Getting Business
Again, this renewal season it was consistent customer feedback on the service from and ease of doing business with TPA Systems. As the broker I appreciate the accuracy and quick response to questions. Thank you for helping us get new sales and keep business.
Excels in Designing and Implementing Cost Saving Plans
I have worked with Stacey Merritt at TPA Systems for many years. Stacey has always offered the highest level of customer care, but where he truly excels is in designing and implementing plans that stretch my clients’ benefit budget while keeping employees satisfied. Many of my clients have utilized TPA Systems plans for years. I’ve simply never had a client ask for another administrator.
A True Asset
Stacey has built a very successful TPA because of his passion to help brokers, advisors, and employer groups. I haven’t met a more knowledgeable person regarding HSA, HRA, and FSA compliance and execution. Stacey is a true asset to my clients, and I’m always looking for more opportunities to work with him.
