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How does an FSA work for participants?

WEX Inc.

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. Limited medical FSA, which covers eligible dental, vision and preventative care expenses.

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10 FSA design tips

WEX Inc.

Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs and helping you and your employees save money. Record keeping : Maintain accurate records to demonstrate compliance in the event of an audit.

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Selerix

HR Lineup

The platform supports a wide range of benefit types, including health insurance, dental and vision coverage, retirement plans, flexible spending accounts, and more. With BENEFITFOCUS, employers can create customized benefits plans that meet the unique needs of their workforce.

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PES Benefits

HR Lineup

The health and wellness programs offered by PES Benefits encompass a wide range of services, including medical, dental, and vision coverage, as well as wellness initiatives such as fitness programs, preventive care, and mental health support.

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NFP Employee Benefits

HR Lineup

They offer a wide range of services, including group health insurance, dental and vision coverage, life insurance, short- and long-term disability insurance, flexible spending accounts, and more. Their mission is to help companies attract, retain and engage their employees through comprehensive and innovative benefits programs.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Vision Insurance. Vision insurance is designed to help your employees cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses, and contact lenses. Flexible Spending Account (FSA). Pet insurance helps cover the costs of veterinary treatment in the event of illness or injury.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Flexible Spending Account (FSA): An FSA (also known as a flexible spending arrangement) is a special account employees put money into that they use to pay for certain out-of-pocket health care costs. Dental, vision, and disability insurance. Employers usually cover a portion of this premium.