Clarity Benefit Solutions Provides Eight Ways Employees Can Take Advantage of FSA Administration

NEW YORK, Dec. 8, 2017 /PRNewswire-iReach/ -- Clarity Benefit Solutions provides eight ways employees can take advantage of Flexible Spending Account (FSA) administration.

FSAs make health care more affordable by allowing employees to use tax-free dollars to pay for health care expenses not reimbursed by their health insurance plan. Expenses such as co-pays, insurance deductibles, prescriptions, and other health-related items can really add up over the course of a year. Enrolling in an FSA can result in employees saving a significant amount of money. Here are eight ways employees can take advantage of FSA administration and get the most out of their contributions.

  • Online enrollment. A paperless consumer benefit enrollment platform allows employees to take the guesswork out of their FSA pretax benefit accounts. The employees' accounts are funded with paycheck deductions that are taken before any taxes are calculated.
  • Mobile app. A mobile app is the easiest method for employees to manage their benefits. They can enroll, check plan balances, process claims, report a lost or stolen card, and sign up for email and text alerts.
  • Claims substantiation. The process of filing a claim is streamlined when employees can utilize options such as streamlined Auto Claims, paperless claims, and traditional manual claims.
  • Access to reporting. Employees can stay informed due to easy, real-time access to their benefits data.
  • Self-service. Employees can access their information on their own schedules with 24/7 access to account details and reporting. 
  • Established partnerships. Employees are provided with a wealth of resources, saving them both time and money.
  • Smart debit card. FSA administrators provide employees with consumer benefits cards, which allow them access to all their accounts by swiping the card at the point of sale. It can be used for expenses such as making a copayment at a doctor and dentist's office, purchase prescriptions, buy a new pair of glasses, and much more.
  • Online store. Many FSA administrators offer an online store—a one-stop shop that offers FSA-eligible products and services so employees do not have to guess what products are and aren't reimbursable. Most stores offer 24/7 customer service and thousands of FSA-eligible products.

About Clarity Benefit Solutions: Clarity Benefit Solutions provides technology that makes the health insurance plan selection process fast, easy, and straightforward. For over two decades, we have provided clients with industry-leading technology, compliance, and exceptional customer service. Our offering is designed to save time and lower the costs of managing benefits while also promoting employee self-service and automated ACA compliance.

Media Contact: Calvin Clark, Clarity Benefit Solutions, 732-428-8272, cclark@claritybenefitsolutions.com

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SOURCE Clarity Benefit Solutions



2017

Tags

Insurance, Human Resource & Workforce Management, Health Care & Hospitals, Health Insurance



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