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SHPS Gets Federal FSA Administration Job

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NU Online News Service, March 19, 2003, 11:13 a.m. EST – SHPS Inc., Louisville, Ky., has won a contract from the U.S. Office of Personnel Management to administer a flexible spending account program for 1.8 million federal employees starting this summer.

SHPS will administer dependent care FSA accounts as well as health care FSA accounts, the company says.

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SHPS has been administering a separate FSA program for federal judiciary employees for five years.