Simplify flexible savings accounts for your employees
Help your team members save on out-of-pocket qualified medical, dental, and vision expenses, or qualified dependent care expenses with intelligent, seamless, and user-friendly flexible spending accounts (FSAs) from WEX.
We make it easy to offer FSAs to your participants
No matter what type of FSA you need, you can find it from WEX
- Medical FSA: A medical FSA covers general-purpose health expenses and can be used for qualified expenses such as prescription drugs, insurance copayments and deductibles, and medical devices.
- Limited Medical FSA: A limited medical FSA covers qualifying dental, vision, and preventive care expenses and can be paired with a health savings account (HSA).
- Combination FSA: A combination FSA (sometimes referred to as a post-deductible FSA) allows a participant to pay for qualified vision and dental expenses until they’ve met the IRS deductible. Once the deductible has been met, their account converts into a medical FSA and more expenses will be eligible.
- Dependent Care FSA: A dependent care FSA helps participants save money on eligible dependent care services, such as child (up to age 13) or adult daycare, before- or after-school programs, summer day camp, and more!
Watch the episode of our Benefits Buzz podcast at right to learn more about the basics of an FSA.
Streamline your FSA administration with WEX’s industry-leading technology
WEX simplifies FSAs for everyone
(*Represents Q1 2023 average)
(*March 2022 audit)
A better participant experience designed to maximize participation
One card, one online account, and one mobile app. Ease member experience with WEX’s easy-to-use system that accommodates your custom benefits plan. Improve member engagement, satisfaction, and retention with our simplified member experience.
Benefits solutions for your specific needs
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