Information about HCRA and COBRA accounts

UCOP continues to make changes to our benefits programs. See the notice below that was received by CUCFA.

Begin forwarded message:

Re: Administration of Flexible Spending Accounts and COBRA  Administration.

For your information, the University of California is assessing proposals from potential vendors for the administration  of its employee Flexible Spending Accounts (FSA) Program for health  (HCRA) and dependent care (DepCare) as well as COBRA continuation  for all UC health plans. The University is reassessing its COBRA  process with an eye towards facilitating efficiency and compliance  by consolidating the carrier administration under a single vendor.  The effective date for implementation of administrative services is  expected to be January 1, 2009 for SFA plans and May 1, 2009 for  COBRA. If you have any questions, please contact your University  representative for your bargaining unit.

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