Flexible Spending Accounts (FSAs) bring a higher degree of control and discretion over health care and dependent care budgets for employees, employers, and anyone involved in managing the plan.
Employees benefit from tax savings for an expansive set of qualified expenses that include typical things like doctor co-pays, health insurance deductibles, and most prescriptions, as well as childcare or eldercare for a dependent parent.
Employers benefit from providing affordable health care options for their employees, and plan providers benefit from having a means to cover expenses.
ConnectYourCare’s tax-advantaged FSA solutions offer employers convenience and simplicity in executing a staged implementation for consumer-directed health care.
Likewise for employees, who not only benefit from flexible health care spending options as the name implies, but also from a flexible claims processing experience and expeditious eimbursements, thanks to exclusive FSA technology, ClaimsAlly.
All of this adds up to improved FSA participant satisfaction and reduced administrative burdens for employers.