KCI FINANCIAL SERVICES, INC. "Celebrating our 25th Year"
11011 Sheridan Street, Suite 202, Cooper City, Florida 33026 (954) 443-4443 Office (954) 443-4445 Fax kcifinancialserv@aol.com
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KCI FINANCIAL SERVICES, INC. is a third-party administrator for I.R.S. Section 125
Cafeteria Plans. We have been implementing and administering Cafeteria Plans for
25 years. Our services include plan document preparation, group employee
orientation, individual enrollment meetings, and flexible spending account
administration for medical and dependent care reimbursement plans. In addition, we
offer a variety of supplemental insurance benefits qualified by the I.R.S. as pre-tax
when paid for through the convenience of payroll deduction.
Our clients include both public and private corporations as well as many
municipalities. We provide a complete "turn-key" implementation process and pride
ourselves on our integrity and quality of personal "hands on" customer service to
thousands of employees in Florida and across the United States. We have a team of
well-trained benefit counselors to serve you and your employees throughout the year
with claims filing assistance, new employee orientation and one-on-one enrollment.
KCI FINANCIAL SERVICES, INC. creates a "win-win" situation for employers as well as
employees. The employer "wins" through the installation of this program that directly
and positively affects their bottom line through payroll tax savings, aids in long-term
cost containment and increases employee morale. The employees "win" by having a
degree of control in planning their benefits, paying for certain qualified benefits with
pre-tax dollars and enhancing their benefits at no additional out-of-pocket cost.
Outline of Services
- We establish an electronic database for maintaining the company's files
- We update the company's database monthly for employee changes (i.e.
terminations, new employees, and annual benefit election changes)
- Discrimination testing for Cafeteria Plans
- Flexible spending account claims processing:
a. Process claims within three to five business days of receipt of a valid
claim for reimbursement;
b. Print and mail claim checks directly to the employees;
c. Provide an explanation of benefits statement with each claim paid;
d. Provide a new claim form and return envelope; and
e. Provide the employer with monthly claims reports and financial
statements.
KCI FINANCIAL SERVICES, INC.
Providing Quality Service Since 1987