Marketplace

Is an FSA right for your business?

The Harrison Group delivers customized, cost-effective solutions with our HIGHEST level of award-winning concierge customer service. It is our commitment to being the BEST PARTNER to our employer clients while delivering a seamless, customer-centric approach that had lead to our national service and excellent awards over the past 5+ years. With over 40 years of experience, we enjoy a 99% retention rate among the organizations that have trusted and relied upon us for their pre-tax benefit plans. Experience The Harrison Group difference for your employees!

Is an FSA right for your business?
Using a Flexible Spending Account (FSA) is a great way to stretch benefit dollars for employees. There are three major types of FSAs:

H E A L T H C A R E F S A -for out-of-pocket medical expenses including copays, coinsurance, & deductibles for medical, dental or vision; prescriptions; and now covers most over-the-counter medications!

D E P E N D E N T D A Y C A R E F S A -for dependent daycare expenses (such as daycare) incurred by eligible dependents.

L I M I T E D P U R P O S E FSA - works with an HDHP and Health Savings Account(HSA). A Limited Purpose FSA allows reimbursement for preventive care, vision and dental expenses.

Our FSA can help YOU:
• Save as much as 7.65% of employee pre-tax contributions as a result of decreased Social Security and Medicare wages. These savings usually equal or exceed any design and administration costs.
• Free up Human Resources staff with a centralized portal
• Offer flexible benefit options with the ability to stack FSA plans with HRAs and HSAs - all managed through a single employer portal.

Our FSA can help your EMPLOYEES:
• Enjoy significant tax savings (20-45%) with pre-tax deductible contributions and tax-free reimbursements used for qualified expenses.
• Quickly and easily access funds using the HG Advantage Card at point of sale
• Enjoy the benefits of our HG Advantage Card such as access to all accounts from one card and industry-leading auto-substantiation rates using IIAS approved substantiation methods.
• Enjoy secure access to accounts using a convenient employee portal available 24/7/365 or mobile app.