Solutions

Core Infrastructure Modules.

Eight interoperable settlement modules powered by a single, processor-agnostic rules engine. Deploy discrete payment rails or stack them seamlessly to manage end-to-end Gross Transaction Volume (GTV) across a unified audit trail.

HSA: Health Savings Account

01 · Pre-tax Accounts

API-driven custodial fund routing for healthcare spending, saving, and investing, administered end-to-end on the Omega platform with automated contribution and investment management.

Omega's HSA platform integrates directly with high-deductible health plans and payroll systems, so contributions are accurate, eligibility is verified, and reporting flows into both employer and participant dashboards in real time.

What's included

  • API-driven contribution management
  • Debit card issuance
  • Investment options
  • HDHP eligibility verification
  • IRS compliance reporting
  • Participant portal & mobile

FSA: Flexible Spending Account

02 · Pre-tax Accounts

High-precision spending rails for medical, dependent care, and limited-purpose use, powered by real-time substantiation and automated claims processing infrastructure.

The platform deploys sub-second claims adjudication, programmatic debit card validation against IIAS, and automated rollover/grace period rule enforcement to ensure rapid reimbursement and zero-exception compliance.

What's included

  • Medical FSA
  • Dependent Care FSA
  • Limited Purpose FSA
  • Sub-second claims adjudication
  • IIAS-validated debit cards
  • Rollover & grace period support

HRA: Health Reimbursement Arrangement

03 · Pre-tax Accounts

Employer-funded reimbursement plans designed and administered to plan spec, including integrated, retiree, and post-deductible HRAs.

Omega's rules engine automates the full plan lifecycle: programmatic eligibility tracking, algorithmic claims routing, high-precision reimbursement, and real-time ledger reconciliation. Plans can be coordinated with FSAs, HSAs, and group health coverage as needed.

What's included

  • Plan design & documents
  • Eligibility tracking
  • Claims & reimbursement
  • Coordination with FSA / HSA
  • Retiree HRA support
  • Post-deductible HRA

ICHRA: Individual Coverage HRA

04 · Pre-tax Accounts

Individual Coverage HRAs with employee classification, eligibility verification, monthly reimbursement, and ACA reporting, handled by the platform.

ICHRA brings flexibility to benefits design, but flexibility creates compliance risk. Omega's platform enforces classification rules, validates individual coverage, and produces the ACA reporting required regardless of group size.

What's included

  • Employee classification
  • Coverage verification
  • Reimbursement processing
  • ACA reporting
  • Premium tax credit coordination
  • Participant decision support

COBRA Administration

05 · Administration

End-to-end COBRA administration: qualifying event tracking, election notices, premium billing, carrier feeds, and termination, all managed in one place with no separate system to maintain.

Because COBRA runs on the same platform as CDH accounts, qualifying events flow through automatically. No more dual data entry, no more reconciliation errors between systems.

What's included

  • Qualifying event tracking
  • Election notices & mailings
  • Premium billing & collection
  • Carrier eligibility feeds
  • Termination workflows
  • State continuation support

Premium Administration

06 · Administration

Consolidated premium billing, collections, and remittance to carriers across multiple lines of coverage, eliminating the operational burden on HR and finance teams.

Omega's rules engine continuously aggregates premiums from multiple sources (payroll, direct bill, COBRA, retiree), executes automated 99.96% line-item reconciliation against carrier billing matrices, and deploys programmatic premium sweeps directly to carriers. One workflow, one continuous audit trail.

What's included

  • Consolidated billing
  • Collections management
  • Carrier remittance
  • Reconciliation reporting
  • Multi-line coverage support
  • Audit trail & compliance

Direct Billing

07 · Administration

Leave-of-absence and retiree billing handled directly with the participant: coupon billing, premium collection, and carrier coordination so employers don't have to.

Omega deploys automated coupon billing and direct premium collection via integrated payment gateways for leave-of-absence and retiree populations. Our real-time split-deposit ledgering automatically coordinates with carriers, ensuring employees avoid catch-up deductions while completely eliminating unpaid premium risk for the employer.

What's included

  • LOA participant billing
  • Coupon billing & reminders
  • Premium collection
  • Carrier coordination
  • Retiree billing
  • Reinstatement workflows