FSA Administrative Services
Supplementing your healthcare coverage with additional benefits is a priority. With a Flexible Spending Account (FSA), your employees can set aside money pre-tax to help cover their out-of-pocket medical expenses for themselves and their families.
Why offer an FSA?
- Increased payroll tax savings
- Higher employee satisfaction
- Flexible plan options
Why choose Parlay Benefits?
Parlay Benefits offers full-fledged FSA administration services, including health FSAs, Dependent Care FSAs, and Premium Only Plans (POP). Our team has the knowledge and experience to deliver a superior experience to your employees, including enrollment and educational support.
A limited purpose FSA is a healthcare spending account that can only be used for eligible vision and dental expenses. … With a limited purpose Flexible
Spending Account, employees can set aside money specifically for dental and vision expenses.
A Dependent Care FSA can help employees by allowing them to set aside money to cover care for their dependents under age 13, or those over age 13 who are unable to care for themselves, while they work.
Employees can set aside up to $5,000 for daycare, before and after school care, summer camps, and more! Help them save money on their taxes while easing the burden of dependent care expenses.
Convenience
We offer the ultimate in convenience for employers and employees with online enrollment, online claims and receipt submission, benefits cards, and mobile app. We also turn around most claims by the next business day with a claims record of over 99% accuracy.
Flexibility
We can set up your FSA plan with multiple spending options and tailor claims adjudication to your schedule.
Real-Time Reporting
Our platform features an online employer module and reporting capabilities. Employees can see up-to-the-minute account balances online or through the mobile app.