Employee Benefit Concepts, Inc.

not just insurance but total assurance


Our Mission Statement

Employee Benefit Concepts, Inc. is a Group Resources company, providing superior benefit plan designs and options for employers who provide employee benefits.  Our objective is to match the goals set forth by the employer's expectations and provide outstanding service to their employees.  We are committed to providing employee benefit plans and benefit administration services that are at lower than regular market prices, while still achieving high levels of professional excellence.

Payment Fraud Prevention PDF Print E-mail
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Payment fraud is a growing challenge affecting all organizations. As a Third Party Administrator we include a full range of Protection for our Employer groups and there employees. One being Positive Pay or Payment Fraud Prevention.

What is a HRA? PDF Print E-mail
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What is a Health Reimbursement Arrangement (HRA)?

HRAs have been referred to by many names over the years such as personal savings accounts, personal care accounts, defined contribution plans, or consumer-driven health care plans.

The confusion ended in 2002, when the IRS finally issued guidelines in Notice 2002-45 and Revenue Ruling 2002-41 for employer-provided medical reimbursement accounts and called it the Health Reimbursement Arrangement, or HRA.

Health Reimbursement Arrangements are funded with employer dollars to pay expenses not covered by another health plan. An employer can opt for its HRA to pay some or all of the health expenses allowed by the IRS. For example, an HRA could pay all eligible medical expenses, including premiums for health and long-term care insurance; or the HRA could be limited to cover only dental or vision expenses. Although an HRA can have an option to carry forward unused funds to the future or for retirement, an employee cannot take their HRA funds to a new employer.

Flex Debit Card Information PDF Print E-mail
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When using your debit card, Employee Benefit Concepts, Inc. will no longer require documented receipts when purchases are made at the following merchants:

  • Wal-Mart
  • Sam’s Club
  • Walgreens
  • CVS
  • Medco
  • Kroger
  • Target

Why doesn’t Employee Benefit Concepts, Inc. need documentation at these stores? These merchants use technology called Inventory Approval System (IAS) to approve HSA, FSA and HRA eligible expenses at the point of purchase. If your item is not eligible, they may request an alternate form of payment or show on the receipt which are eligible and which are ineligible expenses.

As more vendors adopt the health care merchant codes and inventory approval systems, we will keep you informed via our web site at www.employeebenefitconcepts.com. In the mean time, if you have questions, please give us a call at (248) 855-8040.
Employee Benefits Security Administration (EBSA) PDF Print E-mail
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The Employee Benefits Security Administration (EBSA), the arm of the DOL in charge with enforcing ERISA, has made available an interactive website designed to help employers understand and comply with the legal requirements for health benefits plans. The website covers COBRA, HIPAA (portability), the Newborns' and Mothers' Health Protection Act, the Mental Health Parity Act, and the Women's Healthand Cancer Rights Act, all of which are federal health benefits laws contained in Title I of ERISA.

The website also contains an employee section that provides general information on health benefit laws and is designed to assist employees and their family members in understanding their rights and responsibilities.


ERISA Compliance for Health & Welfare Plans -
For a copy of the DOL news release -


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