CBS Administrators is a Third-Party Administrator created to give personal and friendly service to Brokers and Small Business Groups. We offer Administrative service for:
- 125 Flexible Spending Benefits, both Medical and Dependent Care 132
- Transportation Benefits, for Mass Transit and Parking Expenses
- Federal COBRA Benefits
CBS Administrators offers personalize one-on-one benefit services backed by years of experience and training. We pride ourselves on our personal touch, reliability, honesty and attention to detail and we will always keep your business up to date with changes that would affect your plans.
We realize that employers often need a helping hand when it comes to getting their employees everything thing they deserve. CBS Administrators specializes in designing the perfect administration plan for you company, whether it’s getting your employees pre-tax dollars to fund their transit expenses (including parking) or helping them plan for those large, upcoming medical expenses with a section 125. Dependent Care is so costly these days, let your employees benefit up to $5000 per year of pre-tax dollars to help with Dependent Care expenses.
COBRA Administration includes the Initial Notice for new hires, Qualifying Event Notices for terminated employees or those who have a Qualifying Life Event that affects their medical benefits. Also covered is notification of Open Enrollment changes when applicable. We care that our employers are covered legally, protecting everyone from legal issues down the road.
- The maximum 125 Flexible Spending Health benefit is $2650.
- The maximum 125 FSA Dependent Care benefit is $5000.
- The maximum Transportation has increased to $260. This increase applies to both the Mass Transit Transportation and the Parking benefits.
As of January 2, 2014 the maximum transportation benefit is going to revert to $130.00 unless Congress enacts new legislation to make the increase of 2013 permanent.