Healthcare Flexible Spending Account (HFSA)

Healthcare Flexible Spending Account (HFSA)

TASC’s Health Care FSA allows employees to set aside pre-tax dollars to pay for eligible medical, dental, vision, prescription, copay, and coinsurance expenses—helping them stretch their healthcare dollars while lowering employer payroll tax liability. TASC delivers intuitive plan setup, employee education materials, and simple online or mobile enrollment through the unified MyTASC platform.

Participants benefit from automated, paperless claims processing and the convenience of the TASC Card, which auto-substantiates many purchases at the point of sale. The platform includes an easy-to-navigate library of IRS-approved eligible expenses and real-time prompts for substantiation, minimizing delays, declined transactions, and manual follow-up.

Employers receive streamlined compliance support, including annual nondiscrimination testing, plan documentation, reporting, and audit-ready recordkeeping. Real-time dashboards provide visibility into plan usage and support smarter benefits planning.

What sets TASC’s FSA apart is its seamless integration with all other spending accounts—including HSA, HRA, Lifestyle Spending Accounts, commuter and transit benefits—within one unified system. This consolidated approach simplifies administration, reduces vendor complexity, and provides employees with a consistent, easy-to-use experience across all benefits.