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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.

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.