Flexible Spending Administration
As an employer, you should always be paying attention to the needs of your employees when it comes to their health care. Offering them reliable and affordable options may give them the peace of mind they need when an emergency arises. Did you know that Flexible Spending Accounts (FSA) have now become an important component to a business health care plan? At Better Business Planning, a leader in FSA administration services, we have the experience to help you maintain a successful FSA program.
What does this account do exactly? First of all, this plan allows you as the employer as well as your employees to reduce costs through tax savings and more responsible health care spending. It also promotes increased health, productivity, and retention.
You have options when it comes to organizing your Flexible Spending Account. Here are some examples of what you can expect from our services:
• With a Health Care FSA, employees can use their pretax contributions for insurance deductibles, co-payments, eyeglasses and contact lenses, and more.
• If you decide to go with a Limited Purpose FSA along with the Health Savings Account (HSA), you and your team will have limited eligible expenses to dental or vision-related services only.
• A Dependent Care FSA allows your employees to use their pretax contributions for work related day care expenses and work related adult day care expenses.
By customizing your Flexible Spending Account, you can empower your employees to take more responsibility for their health and spending when it comes to their medical needs. We are committed to providing quality customer service to our clients interested in an FSA or any other type of administration service.
Let our team pay careful attention to your needs and exceed your expectations. To find out more about BBP Flexible Spending Account (FSA) administration services, contact us at 800-724-7668!