COBRA mistakes are costly. Penalties and legal fees can be significant. With proper COBRA administration practices in place, these types of mistakes can be avoided. UPMC Benefit Management Services may help alleviate these issues by providing you with worry-free, cost-effective COBRA administration.

More information regarding COBRA regulations and non-compliance

Multiple Spending Accounts and Debit Cards

One of the benefits of UPMC Consumer Advantage is the ability to have access to multiple accounts on one debit card. When the debit card is used, funds are withdrawn from the appropriate account depending on the type of expense that was incurred.

For example, a member can have both a healthcare flexible spending account and a commuter parking account with UPMC Consumer Advantage. If the member uses the debit card at a doctor’s office, the card will automatically withdraw funds from the member’s healthcare flexible spending account to pay the doctor. If the member used the same card at a parking garage they use for work, the card would withdraw funds from their commuter parking account.

When enrolling with UPMC Consumer Advantage, at the employer’s request, the following accounts can be linked with the UPMC Consumer Advantage debit card: healthcare flexible spending, health savings, health reimbursement, health incentive, dependent care, commuter parking, and transit accounts.

Employers can also decide on the funding order of the accounts when debit card transactions occur. When considering the funding order for healthcare expenses, usually employee funded healthcare flexible spending accounts apply first and employer funded health reimbursement and health incentive accounts follow.

The above information is for informational purposes only and is not legal or tax advice. UPMC Health Plan and UPMC Benefit Management Services do not provide legal or tax advice. For legal or tax advice, please contact your attorney or tax adviser.

Consequences of COBRA Non-Compliance