We know that taking advantage of your HSA or your FSA can be confusing. Thanks to Health Shopper, there is a place you can learn about and shop for HSA and FSA eligible products! When you go to Health Shopper, you can: View an Eligibility List of HSA and FSA eligible products Access HSA and...
A health savings account (HSA) or medical flexible spending account (FSA) can be used to purchase eligible expenses, and the list of things that are eligible is sizable and growing. For example, as part of a pandemic relief package in March, many over-the-counter (OTC) products that once required a prescription were permanently reinstated as HSA/FSA eligible expenses. Here are five things you may...
Health Savings Accounts, or HSAs, are a useful savings tool, no matter your age. For tips about talking to your employees of all ages, check out this HSA Handbook for Every Generation from our partners at Wex Health.
2020 is finally coming to a close! This is your reminder that the Advantage Administrators office will be closed on Friday, January 1st for New Year’s Day. We will be open again on Monday, January 4th with our normal hours. We wish you health and happiness in the new year!
Because of the COVID-19 pandemic, 2020 brought many changes to employee benefits rules and regulations. Wex Health has gathered its top 10 blog posts of 2020, many of which explain these changes and what they mean to employees. Click here to read the top blog posts of 2020.
As an employer, you want to make employee benefits as easy as possible for your staff. Our plans provide your employees with benefits debit cards, loaded with their HSA or FSA funds. These cards have several benefits, including: Ease of use Automatic substantiation Reduced questions from confused employees about how to use benefits
As the calendar year wraps up, so do your employees’ flexible spending accounts (FSAs). FSAs are use-it-or-lose-it accounts, and there are limits on how much of these funds (if any) can be rolled over into the next year.
Help encourage your employees to spend down their FSA before they lose any of their funds. This blog post from Wex offers several tips on how to help your employees make the most of their FSAs in the last weeks of the year.