The benefits of offering Flexible Spending Accounts and Health Savings Accounts to your employees brings a completely new culture of health, well being, and motivation to your staff. Each account is an asset to your employees that they greatly appreciate due to the ease of access they have to health care services.

Flexible Spending Accounts

FSA’s enable employees to pay for eligible expenses on a pre-tax basis, translating into a savings of nearly 30% for the employee! As an employer, you pay less in Social Security tax for every dollar of employee participation.

After our paperless on-line set up, we begin the automated process of transferring the employee deductions into a dedicated account for each employees future health cost needs. When an employee incurs a qualified expense, the employee uses their personally issued debit card dedicated specifically for their health care transactions.

Health Savings Accounts

When offering a Health Savings Account (HSA), employees become more informed as health care consumers making better lifestyle decisions. An HSA gives your workforce a stake in managing health care purchases, resulting potentially in lower physician visit costs for minor needs, resulting in overall savings for employer and employee.

An HSA account saves tax dollars when employer and employee contributions are offered under a cafeteria plan. More importantly, an HSA account is portable allowing employees to keep any unused funds for expenses in future years and also rolls over to new cycles after they leave the company.