
Consumer health accountsBenefitfocus
Consumer Health and Savings Accounts Maximize employee value. Minimize administrative effort. We provide a simplified and streamlined experience for you and your employees to manage consumer health accounts.
Vendor
Benefitfocus
Company Website
Product details
Overview
Benefitfocus Consumer-Health Accounts empower employers and employees with a streamlined solution for managing health savings, spending, and reimbursement accounts. The platform simplifies account setup and administration while offering employees intuitive tools to track and optimize their healthcare-related spending. By integrating seamlessly with broader employee benefits systems, it enhances user experiences and improves financial outcomes for organizations.
Features and Capabilities
- Comprehensive Account Management: Supports HSAs, FSAs, HRAs, and commuter benefits accounts.
- Integrated Platform: Consolidates benefit accounts with other employee health and wellness programs.
- User-Friendly Interface: Intuitive dashboards for employees to monitor balances, contributions, and transactions.
- Mobile Accessibility: Allows real-time account access and management through a mobile app.
- Advanced Reporting Tools: Provides employers with analytics to optimize account offerings and employee engagement.
- Compliance Assurance: Adheres to IRS regulations and other relevant standards.
- Automated Contributions and Reimbursements: Simplifies processes for both employees and employers.
- Educational Resources: Offers tools to educate employees on maximizing tax-advantaged accounts.
- Secure Data Handling: Ensures privacy and security of sensitive account and health information.
- Customizable Solutions: Tailored to fit the unique needs of businesses of all sizes.