Reimbursement Accounts and Administration
Many employers offer reimbursement accounts to their employees to help with tax savings, but the administration can be overwhelming. From adjudicating claims and following compliance rules to educating employees – employers need someone who can help.
Our dedicated account management team can assist employers with plan documents, create education campaigns, and enroll your employees. We are here to help turn seemingly complex benefits programs into simple solutions, which can save you time and money.
Explore Account Options
Flexible Spending Accounts (FSAs)
FSAs are a popular way to provide a tax advantage to your employees by providing the entire years' funds at the beginning of the plan year.
Administration features include:
- Upfront funding
- Risk insurance
- Benefits Debit Cards
- Compliance assistance
- Employee education
Health Savings Accounts (HSAs)
With High Deductible Health Plans (HDHPs) becoming more popular, HSAs are more important than ever. Like FSAs, HSAs provide tax savings for you and your employees. However, HSAs offer more long-term savings opportunities.
Health Reimbursement Arrangements (HRAs)
HRAs provide an option for employers to assist their employees with the costs associated with an HDHP. These plans allow for tax savings and more employer control.
Recent Reimbursement Account Articles
How to increase HSA participation with a wellness program
3 minute read
Wellness programs can play a critical role in helping to increase HSA participation.
Carryovers and Grace Periods: Avoid Losing Unused FSA Funds
4 minute read
While FSAs must adhere to the “use-or-lose” rule, employers may offer one of two options to help you avoid having to forfeit your unused funds.
