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GoCo also offers a wide range of employee benefits options, including health, dental, and vision insurance, as well as a range of wellness programs and resources. With GoCo, employees have access to a comprehensive benefits marketplace where they can compare plans and select the best options for their individual needs.
Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. FlexibleSpendingAccounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Types of FSA Plans. Healthcare FSA. Invisalign.
HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexiblespendingaccount (FSA). However, not all employees are offered these benefits. Ideally, more vision options.”
An additional tool can be pairing an HSA-HDHP with a Limited FlexibleSpendingAccount (or Limited FSA). Employees can use two tax-advantaged accounts to cover many primary eligible expenses. In the end, employees walk away with lower premiums and two pre-tax accounts to keep even more money in their pockets.
This may be a good option for employers that want to simplify their health plan administration while giving employeesflexibility. Even with health insurance, dental insurance and vision insurance, employees tend to end up with some out-of-pocket costs that aren’t covered by their various plans. Manage enrollment.
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