Flexible Spending

Reduce healthcare costs with online personal health account management

 
Workscape’s Outsourced Benefits Administration (OBA) solution provides integrated access to enrollment, payment transactions, online account management, decision support tools, and more to help employees manage Health Reimbursement Accounts (HRA), Health Savings Accounts (HSA), or Flexible Spending Accounts (FSA). A debit card-based program eliminates the hassles of submitting receipts and waiting for reimbursements. For employees with more than one spending account, multi-purse functionality ensures that funds are distributed from the appropriate account based upon the purchase or type of payment being made.

Workscape also makes participation in Flexible Spending Accounts or other similar vehicles a simple and straight forward activity for employees. Fully-integrated within the benefits enrollment process – and when used in conjunction with our online decision support tools – Workscape can significantly increase Flexible Spending Account participation, which can generate substantial tax savings for employer and employee alike.

What’s the pay-off? Easy, effective management of personal health accounts. Optimized use of account funds. And lower healthcare costs for the company and the employee.

	Accurate cost assessment One of the most challenging tasks for any employee is estimating how much their medical care will cost throughout the course of the year. Workscape helps to take the guesswork out of the process by empowering employees to generate an accurate expense projection - based upon rates in the area where they'll consume medical services.
	Flexible spending made easy In addition to providing your organization with a fully-branded, 'debit card-like' account, Workscape can provide employees with access to detailed information regarding their flexible spending accounts, purchases they've made and available balances... all from within our core enrollment application.