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Consolidated Omnibus Budget Reconciliation Act

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires employers with 20+ employees to offer continuation coverage of group health plans to employees and their dependents losing coverage due to certain life changing events. The Federal Government and Church plans are excluded.


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Flexible Spending Account Administrations

Flexible Spending accounts are designed to allow employees to set aside money, on a pre-taxed basis in order to pay for their out of pocket medical, dental, vision, or dependent care expenses. This account is normally funded by the employee only but the plan does allow for employer contributions. This account is similar to an HSA or HRA, the main differences with this type of account are that it is not portable and all funds must be used by the end of the plan year or the contributed money is forfeited back to the employer.

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Health Reimbersement Arrangements Administration

An HRA is a medical reimbursement plan that is paid for solely by the employer and not funded through salary reduction elections of the employee. When establishing the HRA (and then on an annual basis), the employer determines the maximum medical deduction amount per employee. Each employee receives the same amount.

Under an HRA plan, the employer reimburses the employee for qualified medical care expenses.

Your Partner In Flexible
Benefit Services responsive screens

Based in Columbia, SC, American Benefit Services is a Third Party Administrator specializing in Flexible Spending Accounts, Health Reimbursement Accounts, and other services to assist employers in providing viable health care options to their employees. The team at American Benefit Services has over 60 years of experience in the health insurance and TPA industry.

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FSA Eligible Expenses and Items

Mailing Address

Post Office Box 1635
Irmo, SC 29063

Phone / Fax Numbers:

866-826-6554 (toll-free)

Staff Extensions

Mark Riley - x2121
Myra Brown - x2115
Tracy Boatwright - x2131