FBA is continually striving to develop benefit programs that are advantageous to both employer and employee. Three such programs that do just that are the Flexible Spending/Dependent Care Accounts, Health Reimbursement Accounts and Health Savings Accounts.
With a Medical Reimbursement Account employee's - as well as their spouses and dependents - will no longer be caught short-handed when it comes to such out-of-pocket expenses as deductibles, copays, coinsurance, eye care, hearing devices and more. Dependent care provides the reimbursement of qualified expenses such as daycare, summer day camp and more. By providing the peace of mind that comes with knowing that their loved ones are taken care of, the program truly lends to the well-being - as well as productivity - of each employee.
Our programs enable employees and their families to save money by using pre-tax dollars to pay for their healthcare. Employers financially benefit from our programs through reduced payroll taxes, even after factoring in our fees. Under our FSA, HRA and HSA programs, employee's or employers contribute funds to pay for qualified out-of-pocket healthcare expenses not fully covered by insurance, such as co-pays, deductibles, and over-the-counter medical products or for commuting costs.
Let FBA handle your pretax benefit program so that you can spend time focusing on your business.