Navigating TPA Transitions: How P&A Can Ensure Seamless Continuity for Your Organization
When a Third-Party Administrator (TPA) unexpectedly discontinues services or shuts down operations, your organization can face an immediate challenge. Managing Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), and COBRA compliance requires precision, security, and strict regulatory adherence. An abrupt TPA closure leaves benefit leaders scrambling to prevent service gaps,…