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Bentonville Arkansas

Employee Benefit

For over 25 years, Med-Pay has specialized in building employee benefit plans in the Bentonville Arkansas area to fit the needs of businesses large and small. As employee benefit experts, we partner with clients to help them control their costs and gain flexibility in the products they can offer their members. Our services range from the administration of self funded medical plans to brokerage services that run the gamut of fully insured medical insurance and voluntary benefit options. We strive to build lasting relationships with our clients by offering unparalleled service and expertise in the ever changing employee benefit arena. This commitment has allowed us to retain the majority of our clients for over 20 years. We hope we are given the opportunity to add your business to our list of valued customers.

We Offer More

With over 20 years of experience, we offer more...

  • Medical Claims Processing
  • Section 125 Plans
  • Health Reimbursement Arrangements
  • Health Savings Accounts
  • Group Long Term Disability
  • Voluntary Benefit Plans

To view your claim information, visit My Med-Pay Data

Health Insurance

Med-Pay has access to virtually every group health insurance option available in the fully insured marketplace in the Bentonville Arkansas area. Additionally, as a third party administrator, we administer self funded health insurance plans, health reimbursement arrangements and flexible spending accounts. We provide medical insurance consulting to help clients design innovative plans that match our services with their needs. Each member of our management team has years of industry experience. Their expertise is an invaluable asset to both our company and our clients. Navigating the group market for affordable health insurance options can be a stressful task. We will partner with you to keep your business heading in the right direction.

Third Party Administrator

Med-Pay is a third party administrator that provides medical claims processing services to companies in the Bentonville Arkansas area looking for self funded benefit plan solutions. We also administer flexible spending accounts and health reimbursement arrangements for self funded and fully insured group health plans. Our fixed costs are usually 40-60 percent below that of our competition. Being an independent, privately owned third party administrator allows us to always look out for the best interests of our clients' healthcare dollars. We take our role as a client advocate seriously, and hope you will place your trust in us as your third party administrator.

Flexible Spending Accounts

Flexible spending accounts offer unique saving to employers and their members in the Bentonville Arkansas area and elsewhere. Med-Pay provides in-house administration of flexible spending accounts for our self funded and fully insured clientele, at little or no cost. There is no middle man to complicate the administrative process. By paying for qualified health expenses with pre-tax dollars, you and your employees will have a reduced tax liability; while giving employees greater ownership of their healthcare costs. We hope you contact us to learn more about flexible spending accounts and the additional cost-saving options we can offer your business.

Health Reimbursement Arrangement

Are you beginning to feel like the term affordable health insurance is an oxymoron? In this day of increasing medical insurance costs, Med-Pay constantly looks for innovative plan designs to save businesses in the Bentonville Arkansas area money. Combining a higher deductible insurance plan with a health reimbursement arrangement can provide your business with significant premium savings. We administer health reimbursement arrangements for little or no cost. This option, coupled with flexible spending accounts and health savings accounts provide employees with more choice and flexibility. We don't believe in "one size fits all" plan design. Our expert staff will work within the confines of your unique needs to optimize your healthcare dollars. Health reimbursement arrangements: yet another option we bring to your table.

Health Savings Accounts

At Med-Pay, we understand how difficult it has become to find affordable health insurance for your business. Purchasing a high deductible health plan is one way to reduce your cost of providing coverage to employees. These plans work great when paired with health savings accounts. Health savings accounts allow employees to put money away, on a tax-free basis, to pay for current health expenses and to save for future qualified medical and retiree health expenses. Contact a member of our expert staff today to learn more about health savings accounts in the Bentonville Arkansas area.