Products January 25, 2012

Flexible Benefit Enhances FSA and HRA Products

January 25, 2012 (PLANSPONSOR.com) - Flexible Benefit Service Corporation (Flex) introduced enhanced Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA) products.
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The products are now supported by a more robust benefits administration and reimbursement platform, the company said.

Key features of the enhanced FSA and HRA platform include: 

  • Integrated, informational web portal for employer and participant account access; 
  • Weekly and daily reimbursement options; 
  • Multiple funding options; 
  • Online claims submission with automated e-mail status alerts; 
  • Paperless communication options; 
  • Enhanced reporting capabilities; and 
  • Free debit cards with all Health Care FSAs. 

The FSA and HRA platform enhancements apply to FlexFSA, FlexHRA and Flex125 Cafeteria Plans.  

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For more information about Flex, visit www.flexiblebenefit.com or call 888-353-9178.

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