FLEXIBLE SPENDING ACCOUNTS
FLEXIBLE SPENDING ACCOUNTS ADMINISTRATION SERVICES
Employer-sponsored flexible spending accounts (FSAs) are benefit plan arrangements that allow employees to pay for certain health care or dependent care expenses on a pre-tax basis. Not only does the employee avoid federal, state, and FICA taxes on the portion of their salary they contribute, but in turn, the employer does not pay matching FICA or FUTA taxes!
OUR SERVICES INCLUDE:
Secure web access for plan participants to view information.
Secure web access for client benefit administrators to view information.
MasterCard® Debit cards.
Claim reimbursement by debit card, paper check, or direct deposit.
Claims via paper, website, and mobile app.
Discrimination testing is included in all agreements provided the employer can provide the required data elements.
Educational materials such as eligible and ineligible expense lists.
Multiple employer funding options are available.
Premium eClaims Manager: a service that allows claims to crossover from carriers.
Call center available Monday through Friday, 9:00 a.m. to 5:00 p.m. EST.
Full suite of reports available on demand via the service team