Flexible Spending Accounts (FSA)

Flexible savings, dependable coverage

A Cafeteria Plan (section 125) allows employees to pay for their employer-sponsored insurance premiums with pre-tax dollars. The employer may also implement a Flexible Spending Account into the Cafeteria Plan, which allows employees to also pay for expenses such as deductibles, co-insurance, co-pays, prescription drugs, vision expenses, and dental expenses with pre-tax dollars. Even the most comprehensive insurance policies have out-of-pocket expenses. FSAs can help your employees save on these expenses.

Flexible Spending Accounts encompass all aspects of a POP plan with these additional value-added services:

  • Case setup/employee communication
  • Online/on-site enrollment
  • Claims submission to our in-house claims department
  • Payments via direct deposit, check or debit card
  • Online participant inquiry and reporting

By implementing an FSA into your Cafeteria Plan, you can reduce your employees’ taxable compensation.

Contact one of our sales consultants today to learn more, 1-800-333-1673.

To find out what products are eligible for purchase under your Flexible Spending Account please click on the link below to review or purchase.

*Please Note: FSA and HSA eligible products follow the same IRS 213d eligible expense list*