Flexible Spending Accounts (FSA)
Allow employees to use pre-tax dollars to pay for health and dependent care expenses
A Flexible Spending Account (FSA) allows employees to pay for medical and dependent care expenses using pre-tax dollars. The HealthJibe HEA supports the following FSA options:
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Health FSA covers IRS-approved medical expenses (Section 213(d) medical expenses)
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Limited Purpose FSA that covers vision and dental expenses only when a participant indicates that their HealthJibe Account is Health Savings Account (HSA) compatible
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Dependent Care FSA covers employees' dependent care expenses while they work
Note: a health FSA is not available with a QSEHRA.
The HealthJibe Platform
The HealthJibe platform is the first specialty health benefits solution that combines the power of tax-advantaged account-based benefits with consumer health engagement technology.
Our driving goal for the HealthJibe platform is SIMPLICITY:
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Simple for the employer:
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Set a budget.
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Direct your employees to install the HealthJibe app on their mobile phone.
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Go back to running your business.
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Simple for the employee:
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Snap a picture.
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Get tax-free cash in you back account to help pay for health insurance and medical expenses.
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HealthJibe also makes consumer health engagement the foundation of your health benefit in order to stabilize health care costs over the long term - for you and your employees. HealthJibe promotes awareness of emerging health risks and lifestyle habits and encourages employees to focus on prevention in the right way: with their own doctor -- not their employer. No need for an expensive, risky wellness program. Health engagement features are integrated into the HealthJibe app at no extra cost.
Compatible HealthJibe HEA Products:
HealthJibe QSEHRA (dependent care FSA only)