Health Care Flexible Spending Account (HC FSA)
The Flexible Spending Account (FSA), also called a Health Care FSA, is one of the most common types of reimbursement accounts. With an FSA, you and/or your employer make pre-tax contributions to an account and the funds can be used for eligible medical expenses, such as prescriptions, vision check-ups, and braces to name a few. Learn More
Dependent Care FSA (DC FSA)
The Dependent Care FSA is a special type of flexible spending account. The funds in this account may only be used on qualified dependent care expenses, such as child care or adult day care services (for dependent adults). Learn More
Health Savings Account (HSA)
In order to participate in a Health Savings Account (HSA), you must be covered under a high deductible health plan (HDHP). Once enrolled, anyone can contribute to your account, such as you, your spouse or employer. The funds in the account can be used on medical expenses and can help cover the high deductible. HSAs are unique because you take your account with you if you change employers. HSAs also offer investment and beneficiary options. Learn More
Health Reimbursement Arrangement (HRA)
The Health Reimbursement Arrangement (HRA) is unique because only your employer contributes to the account. Like an FSA, you must use the funds in this account on eligible medical expenses. They may be only dental, only vision, or a combination of eligible expenses. Each employer group will be different, so check with your benefits administrator. Learn More
Qualified Small Employer HRA (QSEHRA)
The Qualified Small Employer HRA (QSEHRA) is a plan that allows small employers (fewer than 50 employees) to offer employees a way to fund eligible medical expenses. You may use the funds in this account to pay for medical expenses as well as individual health insurance premiums. Learn More