What is tri-ad?

TRI-AD is a total benefits administration firm that serves the unique needs and requirements of mid-market employers.

Who owns Tri-ad?

Curtis D. Hamilton
Curtis D. Hamilton, MSPA, EA, MAAA is the Founder and Chairman of the Board of TRI-AD (corporate name is TRI-AD Actuaries, Inc.) based in Escondido CA. TRI-AD is recognized as one of the leading benefits and design administration firms in California.

Does Cobra include prescription coverage?

Yes, COBRA Covers Pharmacy Prescriptions, If You Had That Coverage Previously. Yes. The COBRA law allows you and your dependents to continue on the exact same coverage that you had with the employer’s group health plan.

Where can I use my tri-ad benefits card?

Use your card only for your accounts administered by TRI-AD. 1. Incur your eligible expense at the doctor, dentist, pharmacy, drugstore, etc. 2.

What bank does Tri-ad use?

Because TRI-AD is not a bank, we have a relationship with UMB Healthcare Services to act as the account custodian. We share information with UMB to make the process as seamless as possible. You access your account directly when you log into TRI-AD’s website.

What bank does Tri ad use?

Why is COBRA so expensive?

COBRA insurance is often more expensive than marketplace insurance, partly because there isn’t any financial assistance from the government available to help you pay those COBRA premiums.

How does COBRA work when you quit?

If you are laid-off or quit your job, COBRA will pay your health care costs up until 18 months following termination of employment. However, you must have both dental and vision coverage while employed if you want them covered by Cobra after quitting.

What can I buy with my benefits card?

IRS regulations allow participants to use their benefit card in participating pharmacies, mail-order pharmacies, discount stores, department stores, and supermarkets that can identify eligible items at checkout and accept benefit cards. Eligible expenses are deducted from the account balance at the point of sale.

How does a benefits card work?

It works like a debit card but, because of smart technology, can only be used to pay for expenses that are eligible under the specific benefit plan. For most healthcare expenses, the benefit card eliminates the need to pay out-of-pocket, submit claim forms and wait for reimbursement checks.

Where can I use my tri ad benefits card?

Is COBRA worth getting?

Key Takeaways. COBRA provides a good option for keeping your employer-sponsored health plan for a while after you leave your job. Although, the cost can be high. Make an informed choice by looking at all your options during the 60-day enrollment period, and don’t focus on the premium alone.

Is it better to use COBRA or Obamacare?

So which one is better? Typically ACA insurance is more affordable than COBRA insurance because you can be eligible for federal ACA subsidies, depending on your income. COBRA costs an average of $599 per month.

Is it worth it to get Cobra insurance?

Does health insurance end the day you quit?

When you leave your employer, all of your insurance coverage likely ends. Think carefully about continuing some of the other kinds of coverage you may currently have, like: Disability insurance, Critical illness insurance, and.

Is toilet paper FSA eligible?

Toiletries can describe anything from oral care items like mouthwash, toothbrushes, toothpaste and floss to hair products like shampoo and conditioners; bathroom products like toilet paper; feminine care like tampons and pads; cotton swabs and fingernail clippers, and more.

Are condoms FSA eligible?

Condoms/Contraceptives Condoms and contraceptives play a major role in supporting positive reproductive wellness, including preventing sexually transmitted infections (STIs) and are therefore eligible for reimbursement with an FSA.

What can you buy with benefits card?

Eligible Expenses & Eligible Merchants

  • Co-payments, co-insurance and deductible expenses.
  • Dental care (e.g. exams, fillings, crowns)
  • Vision care, eyeglasses, contact lenses.
  • Chiropractic care.
  • Prescription drugs and certain over-the-counter medical items.

What can I use my employee benefits card for?

You use the Employee Benefits Corporation Benefits Card to pay for those expenses instead of using cash. The card debits your FSA and makes the BESTflex Plan even more convenient to use. The Benefits Card debits your BESTflex Plan Health Care FSA when you use the card to pay for eligible health care expenses.

Is COBRA cheaper than Obamacare?

COBRA costs an average of $599 per month. An Obamacare plan of similar quality costs $462 per month—but 94% of people on HealthSherpa qualify for government subsidies, bringing the average cost down to $48 per month.