Integration with ADP
Reduce the complexity associated with benefits administration and data management Navia Benefit Solutions integrates with ADP Workforce Now® and ADP TotalSource® to to automatically exchange employee demographic data and other benefits administration information from ADP, saving time and improving data accuracy. After you subscribe to Navia Benefit Solutions, you can purchase the data connector here and we’ll instruct you on next steps to integrate your data.
Flexible Spending Account (FSA)
Healthcare Flexible Spending Accounts (FSAs) help employees save up to 40% on health care expenses. For employees enrolled in traditional health plans, health care FSAs are used to pay for prescription drugs, co-pays, deductibles, and other out-of-pocket costs. Employees enrolled in qualified HDHPs can use limited-purpose FSAs for vision and dental expenses, thereby maximizing their HSA savings.
Key Benefits
- Recurring claims processing
- FlexConnect
- MyNavia mobile application
- Single-solution debit card
- Participation growth campaigns
Health Savings Account (HSA)
Health Savings Accounts (HSA) are becoming one of the most versatile tools in an employer’s overall health care benefits portfolio. HSAs are one of the best ways for employees to save for everyday, and unexpected future medical expenses. HSAs are also one of the most tax efficient benefits available to participants and can be a valuable part of an employee’s long-term savings and retirement strategy.
Key Benefits
- Works with any high deductible health plan
- Versatile, easy payment tools
- Low investment threshold
- Effortless administration
- Financial flexibility and choice
Health Reimbursement Arrangement (HRA)
A Health Reimbursement Arrangement (HRA) is an employer-funded plan that reimburses employees for medical expenses not covered by company-sponsored insurance. HRAs are popular with employers who want to create targeted and highly specific health plan designs that meet the needs of their employees. Health plan deductibles, vision, and dental costs are typical covered items under an HRA plan.
Key Benefits
- MyNavia mobile app
- Participant plan education
- Dedicated HRA service team
- Configurable plan designs
COBRA Administration
At Navia, we look at COBRA as an opportunity to serve people at what is often a critical time of need. At the same time, we offer a comprehensive range of services that eliminate work and risk for our employers. Navia’s COBRA product is a full-spectrum solution including paper/electronic notifications and reminders, payment servicing, health carrier enrollment management, status reporting, and superior customer service.
Key Benefits
- A dedicated COBRA customer service team
- Open Enrollment packets for participants
- On-demand status and reports
- Online platform for employers/beneficiaries
- ANSI 834 health insurer integration
- Automated payment admin and reminders
Direct Billing Services
Navia's Direct Billing Services remove the burden of collecting premiums from members who cannot have funds deducted through payroll. A coupon booklet for the premium due is mailed or emailed to the member and a dedicated customer service unit is provided to handle any and all member questions. Members have the ability to pay by check, auto-debit, or online with a credit card or checking account. All collected premiums are remitted to the employer monthly, along with reporting all activity for the prior month by member.
Key Benefits
- Complete Direct Billing solution
- Monthly reporting
- Online platform for members and employers
GoNavia Commuter Benefits
Employees highly value the chance to reduce the hassle and cost of their daily commute. GoNavia is a pre-tax transit and parking benefit with an employee-driven ordering experience, and configurable options for companies of any size.
Key Benefits
- Supports SpotHero and Vanpools
- Configurable plan design
- Flexible ordering time frames
- Single-solution payment card
- Employee-driven elections
Lifestyle Spending Accounts
Lifestyle spending accounts (LSA) continue to grow in popularity with employers looking to offer positive incentives to employees. Employers can offer reimbursements on activities and programs such as gym memberships, fitness trackers, healthy food at the office, nutrition and weight loss programs, and other popular activities that promote health and a positive environment at the workplace. The payback on wellness programs can be significant – less absenteeism, lower health premiums, and shorter recruiting cycles.
Key Benefits
- Employee engagement
- Configurable plan designs
- Real-time financial monitoring
- MyNavia mobile app
Retirement and Wealth Solutions
Navia offers an all-in-one bundled 401(k)/403(b) retirement and wealth solution. Our solution offers a team of dedicated retirement experts, superior administrative service, comprehensive compliance and audit support, total fee transparency, and high-touch participant service to give you a robust retirement package. Our capable and seasoned team (50 years providing retirement plans) will partner with you to create a best-in-class retirement and wealth benefit that significantly reduces your administrative burden, and is tailored to your unique needs.
Key Benefits
- All-in-one bundled solution
- Dedicated client service
- Flexible and customized
- Comprehensive investment access
- Engaging participant education
Compliance Services
All types of employee benefits have regulations and federal laws employers are required to comply with. If companies do not comply or are unsure how to comply, they could be penalized. Fines can add up to millions of dollars and in some cases, failure to comply opens a company up to an employee suing them in criminal court. Our team has 20 years of experience handling complex benefit compliance issues with the IRS / DOL and we're here to help.
Navia offers six different benefit compliance services to establish protection for you and your employees:
- ACA Reporting
- Form 5500 service & late filing
- Non-Discrimination Testing (NDT)
- ERISA Healthcare Compliance
- Premium Only Plan (POP)
- Audit Services
Adoption Benefits
Adoption Benefits help employees build their families and ensure that children find caring homes. Over 135,000 children are adopted in the US each year, and the costs of a single adoption can exceed $40,000. Adoption Benefits are non-taxable for both employers and employees, and they can help offset adoption-related expenses such as adoption agency fees, legal fees, maternity fees for the birth mother, and other related expenses. Adding an Adoption Benefit increases your recruiting competitive edge and helps retain your employees.
Key Benefits
- Increase employee loyalty and goodwill
- Extends maternity benefits to adoptive parents
- Low cost, high impact benefit
- Make adoption more affordable for employees
- Create an adoption-friendly culture in the workplace
Education Benefits
Tuition reimbursement and student loan repayment are great ways to encourage employees to continue their education and help them build skills to benefit your company. Tuition reimbursement plans are configurable to fit your company goals. Navia plans can be tailored to reimburse continuing education credits, accredited college courses, academic fees, and supplies required to complete coursework. Following the 2020 CARES and CAA COVID relief bills, employers also have the option to help employees with their student loan debt on a tax-free basis. Navia plans can be designed to pay the employee directly or to the employee's student loan financial institution. Eligible plan expenses can be reimbursed on a pre-tax basis annually, up to $5,250 per employee. This is a combined limit for both tuition and student loan payments
Key Benefits
- Build employees skills and increase productivity
- Attract and retain talented employees
- Improve employee financial wellness
- Configurable plans to fit the goals of your company
- Plans are tax deductible
Employee Benefit Statements
Benefit statements, or total compensation statements, help employees understand the value of their pay and benefits package. An effective benefit statement clearly communicates the significant contribution your company makes to their wellbeing and financial security. Providing a transparent look at their benefits is a great way to increase job satisfaction, promote company culture, and retain talented employees.
Key Benefits
- Full customization to match your company brand and culture
- Clear, concise, eye-catching presentation of employee benefits
- Detailed personalization to each individual
- Print and digital delivery options
