Employers
Benefits Administration
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COBRA
Continuing Education & Training
VEBA Trusts
Health Accounts
Flexible Spending and Transit Accounts
Health Incentive Accounts
Health Reimbursement Accounts
Health Savings Accounts
Retiree Health Care Solutions
Public Sector
VEBA Trusts

If you're one of many employers who has chosen a tax-free, low-cost Voluntary Employees' Beneficiary Association (VEBA) trust to fund employees' and retirees' health expenses, OptumHealth Financial Services can help.

Spectrum of services
Our VEBA-related services include:

  • Plan installation —- We will establish your plan records and claim-processing procedures to set up your data-processing requirements.
  • Employee communication — We create and send each participant a package containing everything he or she needs to get started, including an overview of health expenses, sample forms and claim-filing tips.
  • Recordkeeping, reviews and audits — When plans provide for multiple investment fund options, we offer daily recordkeeping services. We also review and audit 100 percent of all claims.
  • Requests, reports and reimbursements — We handle all reimbursement requests and generate management reports.
  • Compliance services — We take care of discrimination testing and government reporting.