FSA And Commuter Benefit Administration

Flexible Spending Accounts (FSAs) and Commuter Benefit Administration

Healthcare Flexible Spending Accounts (FSAs), Dependent Care FSA, and/or Commuter Benefit Plans are outstanding ways to enhance a company’s employee benefits package and improve your company’s bottom line.

Flexible benefit plans can mean significant savings for the employer and participant:

  • Employers save 7.65% in payroll taxes on every dollar contributed
  • Participants can save up to 40% on un-reimbursed Healthcare and Dependent Care

Simple to Implement, Easy to Use

Implementing your fully compliant flexible benefit plan is easy with our industry-leading, user-friendly Web-based system. The system provides you and your participants with access to important account and reporting information 24/7. Additional Service Features:

  • Online enrollment
  • Direct deposit/Automated Clearing House (ACH) options
  • Efficient claims administration
  • Comprehensive reporting (300 report options)
  • Nondiscrimination testing
  • Flexible spending VISA benefit card

Employee Communication Tools

Employee awareness and education is the key to driving FSA participation and increased contributions. CONEXIS has developed a variety of effective electronic and printed communications to foster employee awareness about this valuable benefit.

Eligible Expenses for Healthcare, Dependent Care, and Commuter Benefits