Health Care Spending Accounts are low cost options that help you balance the costs of a comprehensive benefit plan, while giving plan members the flexibility to use their dollars for benefits that they actually need.

Employers simply allocate a fixed annual dollar amount per employee, who can then use the money to pay for things like their coinsurance, deductibles, claims above the plan limits, and for benefits that are not covered in their program. It can also be implemented in lieu of a traditional benefits package. For example, it is perfect for contract workers and part time workers who may not meet the ‘definition’ needed to qualify for a regular benefits plan.

Employees appreciate the flexibility of a Health Care Spending Account which allows them to decide where to use their benefit and how to prioritize its usage.

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