Oklahoma Supplier Systems #EV00000906

Oklahoma Health Care Authority Solicits HSA Administration Services for HealthChoice HDHP

The Oklahoma Health Care Authority Employees Group Insurance Division (EGID), through OMES Central Purchasing, is seeking a qualified supplier to serve as the Health Savings Account (HSA) Administrator for HealthChoice High Deductible Health Plan (HDHP) members. - Government Buyer: - Oklahoma Health Care Authority, Employees Group Insurance Division (EGID) - Office of Management and Enterprise Services (OMES) Central Purchasing - Products/Services Requested: - HSA account administration and custodial services for HealthChoice HDHP enrollees - Member support, including secure account access, transaction processing, debit card functionality, and investment options - Employer services: tax reporting, payroll contribution coordination, and compliance with IRS requirements (including IRC Section 4980G) - Member enrollment assistance with educational resources and toll-free support - Marketing and communications support, including educational materials and enrollment resources - Reporting services: contribution/reconciliation reports and quarterly account summaries - Audit cooperation, including access to records and implementation of audit recommendations - Notable Requirements: - No commissions or finder's fees paid by EGID; all fees are member-responsible - Strict confidentiality, data security, and HIPAA/IRS compliance - Ability to support a large, multi-employer environment (over 15,000 primary HDHP members and 11,000 dependents) - Supplier must be licensed to do business in Oklahoma and demonstrate financial stability - No specific OEMs or vendors are named; this is an open solicitation for qualified HSA administrators

Description

The Office of Management and Enterprise Services (OMES) Central Purchasing division is seeking responses on behalf of the Oklahoma Health Care Authority Employees Group Insurance Division to provide a contract for an HSA Administrator. The selected supplier will offer HSA administrative services and account access for members enrolled in the HealthChoice High Deductible Health Plan (HDHP) who elect to establish an individual trust agreement. The contract includes HSA account administration, custodial services, member support, and compliance with applicable laws and regulations. The initial contract term is one year with four one-year renewal options.

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