Medical Costs

What is the benefit of offering a flex card?

What is the benefit of offering a flex card? Employers have many options available when designing their benefit plans. One option commonly used is adding the flex card, or debit card feature to flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs). The main benefit of offering a flex card as part of a benefits […]

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Transit

Transit Flex Cards Now Accepted by UberPOOL

Transit Flex Cards Now Accepted by UberPOOL Employees enrolled in the transit benefit can now use their Flex Cards for transit expenses via UberPOOL! UberPOOL uses an eligible van pool vehicle to transport people traveling to the same place at the same time.  This allows commuters to save money on their trip and now they […]

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reviewing plan documents check

The Top 4 To-Dos on an Employer’s New Plan Year Checklist

The Top 4 To-Dos on an Employer’s New Plan Year Checklist The new plan year is well under way for many employer offered benefits. This is a good time for employers to review their plans and ensure important details were not missed during the busy open-enrollment time period. Payroll Deductions – after the first payroll […]

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2017 HSA Updates

W-2 Reporting Requirements for Reimbursement Accounts – What has to be Included?

W-2 Reporting Requirements for Reimbursement Accounts – What has to be Included? It’s that time of year when employers and employees begin thinking about deadlines for W-2s and reporting information for taxes. Healthcare reform has brought about many changes to the reporting requirements for healthcare costs and you may be asking yourself what requirements, if […]

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stethoscope

What is a flexible spending account?

What is a flexible spending account? A flexible spending account, or FSA, is a benefit which allows employees to have funds deducted from their paycheck pre-tax to pay for out-of-pocket medical, dental and vision expenses.  Depending on the type, a plan may also be established to reimburse out of pocket daycare expenses.  These plans are […]

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reviewing plan documents check

Planning for End of Year Expenses for Flexible Spending Accounts

Planning for End of Year Expenses for Flexible Spending Accounts The end of the plan year is quickly approaching for many flexible spending accounts (FSAs).   Many participants may be wondering what happens at the end of the plan year and how do I wrap up any outstanding claims. There are three primary scenarios (determined by […]

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