Marketplace
Flexible Spending Account (FSA)
FSA Administration
MEDICAL FLEXIBLE SPENDING ACCOUNT (FSA)
A traditional FSA allows employees to cover out-of-pocket medical expenses for themselves or their dependents. Enrollees enjoy tax savings and increased take-home pay - all with the convenience of a prepaid benefits card.
LIMITED PURPOSE FLEXIBLE SPENDING ACCOUNT (LPFSA)
A traditional FSA allows employees to cover out-of-pocket medical expenses for themselves or their dependents. Enrollees enjoy tax savings and increased take-home pay - all with the convenience of a prepaid benefits card.
POST DEDUCTIBLE FSA
For clients offering an HSA with LPFSA, the LPFSA can be used immediately to allow participants coverage for dental and vision expenses and can be converted to allow all 213d expenses once the statutory minimum deductible has been met.
DEPENDENT CARE FSA
A Dependent Care FSA is ideal for anyone who claims a dependent and either works or attends school full-time. Funds may be used to care for minors under age 13 who attend daycare, after-school care, or a summer day camp, as well as for dependents of any age who are mentally or physically impaired.
SUMMARY OF ADMINISTRATIVE SERVICES
• Nation Leading Auto-Substantiation Technology: With a 90% plus auto-adjudication rate, you can expect less than 1 out of every 10 claims submitted will require follow-up documentation or manual substantiation.
• Flexible Administration: Multiple funding options are available for differing client needs.
• Stackable, Multipurpose Debit Cards make managing funds across any FSA, HSA, HRA, or Commuter account simple and easy.
• Hassle-Free Claim Submission: Participants can submit claims online, through our mobile app, or by mail.
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