FLEXIBLE BENEFITS

Our flex plan administration uses one of the most sophisticated technology packages available in the market. We offer employee and employer access to plan information via online portals. Our individualized, professional consultation helps to ensure that our clients are making the best benefit decisions for their organizations.

Cafeteria Plan

A Cafeteria Plan allows employees to set up FSAs (Flexible Spending Accounts), which save employees tax dollars on eligible health care or dependent care costs. The Plan can also allow for group health, dental, vision, and group term life insurance to be paid with pretax dollars. This means qualifying expenses are tax free, allowing each dollar to go further. Calculate your savings.

HRA

An HRA (Health Reimbursement Arrangement) is an IRS sanctioned fund that allows employers to reimburse employees for qualifying health costs tax free. We have found that many companies have used HRAs to reduce employees' expenses and employer costs by coupling an HRA with group health insurance. Contact us for more information.

HSA

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit.

Cafeteria Plan

A Cafeteria Plan allows employees to set up FSAs (Flexible Spending Accounts), which save employees tax dollars on eligible health care or dependent care costs. The Plan can also allow for group health, dental, vision, and group term life insurance to be paid with pretax dollars. This means qualifying expenses are tax free, allowing each dollar to go further. Calculate your savings.

HRA

An HRA (Health Reimbursement Arrangement) is an IRS sanctioned fund that allows employers to reimburse employees for qualifying health costs tax free. We have found that many companies have used HRAs to reduce employees' expenses and employer costs by coupling an HRA with group health insurance. Contact us for more information.

HSA

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit.

Cafeteria Plan

A Cafeteria Plan allows employees to set up FSAs (Flexible Spending Accounts), which save employees tax dollars on eligible health care or dependent care costs. The Plan can also allow for group health, dental, vision, and group term life insurance to be paid with pretax dollars. This means qualifying expenses are tax free, allowing each dollar to go further. Calculate your savings.

HRA

An HRA (Health Reimbursement Arrangement) is an IRS sanctioned fund that allows employers to reimburse employees for qualifying health costs tax free. We have found that many companies have used HRAs to reduce employees' expenses and employer costs by coupling an HRA with group health insurance. Contact us for more information.

HSA

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit.

Cafeteria Plan

A Cafeteria Plan allows employees to set up FSAs (Flexible Spending Accounts), which save employees tax dollars on eligible health care or dependent care costs. The Plan can also allow for group health, dental, vision, and group term life insurance to be paid with pretax dollars. This means qualifying expenses are tax free, allowing each dollar to go further. Calculate your savings.

HRA

An HRA (Health Reimbursement Arrangement) is an IRS sanctioned fund that allows employers to reimburse employees for qualifying health costs tax free. We have found that many companies have used HRAs to reduce employees' expenses and employer costs by coupling an HRA with group health insurance. Contact us for more information.

HSA

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit.

What is a Cafeteria Plan?

Sometimes referred to as a flex plan, a Section 125 plan, or a flexible spending account (FSA) a Cafeteria Plan lets employees set aside a certain amount of each paycheck prior to paying income taxes. During the year, participants are able to use these funds for expense reimbursements for items such as:

Deductibles, co-pays, and other eligible expenses not covered by insurance

Prescription drugs and medical supplies

Dietary supplements and vitamins with doctor’s letter of medical necessity

Dental services, orthodontics, and dentures

Eyeglasses, contacts, solutions, and eye surgery

Weight-loss programs to treat a specific disease

Weight-loss over-the-counter drugs with doctor’s letter of medical necessity

Chiropractic services

Vitamins with doctor’s letter of medical necessity

Psychiatric care and psychologist’s fees

Adult and child daycare services

Plan Options

Your Flex Plan can be tailored to meet your needs. All three options can be included in a full Flex Plan.

Option 1

Employee-paid insurance premiums - Payroll-deducted health insurance plan premiums and other employer-sponsored insurance coverages, including dental, disability, accident, and group-term life insurance premiums.

Option 2

Medical expenses not covered by insurance - Typical expenses include eye exams, eyeglasses, eye surgery, contact lenses and solutions, dental visits, orthodontic care, medical examinations, mental healthcare, chiropractic services, prescription drugs, insurance co-pays and deductibles, and expenses that are not reimbursed by health insurance.

Option 3

Adult and child daycare expenses - The cost incurred to care for a dependent while the employee and spouse (if married) work. For a complete list of dependent care expenses that qualify for reimbursement, click here.

Plan Options

Your Flex Plan can be tailored to meet your needs. All three options can be included in a full Flex Plan.

Option 1

Employee-paid insurance premiums - Payroll-deducted health insurance plan premiums and other employer-sponsored insurance coverages, including dental, disability, accident, and group-term life insurance premiums.

Option 2

Medical expenses not covered by insurance - Typical expenses include eye exams, eyeglasses, eye surgery, contact lenses and solutions, dental visits, orthodontic care, medical examinations, mental healthcare, chiropractic services, prescription drugs, insurance co-pays and deductibles, and expenses that are not reimbursed by health insurance.

Option 3

Adult and child daycare expenses - The cost incurred to care for a dependent while the employee and spouse (if married) work. For a complete list of dependent care expenses that qualify for reimbursement, click here.

Plan Options

Your Flex Plan can be tailored to meet your needs. All three options can be included in a full Flex Plan.

Option 1

Employee-paid insurance premiums - Payroll-deducted health insurance plan premiums and other employer-sponsored insurance coverages, including dental, disability, accident, and group-term life insurance premiums.

Option 2

Medical expenses not covered by insurance - Typical expenses include eye exams, eyeglasses, eye surgery, contact lenses and solutions, dental visits, orthodontic care, medical examinations, mental healthcare, chiropractic services, prescription drugs, insurance co-pays and deductibles, and expenses that are not reimbursed by health insurance.

Option 3

Adult and child daycare expenses - The cost incurred to care for a dependent while the employee and spouse (if married) work. For a complete list of dependent care expenses that qualify for reimbursement, click here.

Plan Options

Your Flex Plan can be tailored to meet your needs. All three options can be included in a full Flex Plan.

Option 1

Employee-paid insurance premiums - Payroll-deducted health insurance plan premiums and other employer-sponsored insurance coverages, including dental, disability, accident, and group-term life insurance premiums.

Option 2

Medical expenses not covered by insurance - Typical expenses include eye exams, eyeglasses, eye surgery, contact lenses and solutions, dental visits, orthodontic care, medical examinations, mental healthcare, chiropractic services, prescription drugs, insurance co-pays and deductibles, and expenses that are not reimbursed by health insurance.

Option 3

Adult and child daycare expenses - The cost incurred to care for a dependent while the employee and spouse (if married) work. For a complete list of dependent care expenses that qualify for reimbursement, click here.