Surency Flex plans are easy to use and provide a hassle-free member experience. Our plans allow employers to control rising health care costs and allow employees to control their health care expenses.
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.
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).
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.
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.
A Lifestyle Spending Account (LSA) is an employer funded, post-tax spending account designed to help employees develop healthy habits and promote overall well-being. Eligible expenses for LSAs will differ from plan to plan, but in general, eligible expenses are purchases that promote a healthy lifestyle.
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.
Commuter Benefits allow you to set aside money for your commute — via public transit, vanpool— and/or parking, tax free! With commuting and gas prices continuing to increase, a pre-tax commuter benefit plan can reduce the burden of these increased costs.