article thumbnail

FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Types of FSA Plans. Healthcare FSA. This includes Lasik.

article thumbnail

It’s National Sunglasses Day

Benefit Resource Inc.

In honor of National Sunglasses Day, we wanted to highlight eligible vision expenses you can pay for with your pre-tax accounts. Almost all of them allow you to pay for eligible vision expenses not covered by insurance. Two of the most common accounts are a Health Savings Account (HSA) and a Flexible Spending Account (FSA).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best practices to avoid receipt requests

Benefit Resource Inc.

This is typically your larger retailers and pharmacy chains that sell a broad range of products and services. Vision care expenses at a local optical center are often flagged for receipt requests. To review, an IIAS merchant has an Inventory Information Approval System (IIAS) that automatically identifies eligible medical expenses.

article thumbnail

How to find the best PEO for small businesses: 5 Non-Negotiables

Genesis HR Solutions

We also offer the following: Group Health, Dental, and Vision. Flexible Spending Programs. Retail & Entertainment Discount Program. 401(k) Options. Life/AD&D. Long & Short Term Disability Coverage. Employee Assistance Plans (EAP). Health Savings Account. Health Reimbursement Account.

401(k) 40
article thumbnail

4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

That partnership is just one of the reasons to explore working with Genesis; we also have many additional benefits-related offerings that allow you to attract and retain the best employees, including: Group Health, Dental, and Vision 401(k) Options Life/AD&D Long- & Short-Term Disability Coverage Employee Assistance Plans (EAP) Health Savings (..)

article thumbnail

Why you should offer Blue Cross Blue Shield Massachusetts health care to your employees

Genesis HR Solutions

We also offer the following: Group Health, Dental, and Vision. Flexible Spending Programs. Retail & Entertainment Discount Program. But our partnership with Blue Cross Blue Shield of Massachusetts is just one of many HR offerings that allow you to attract and retain the best employees. 401(k) Options. Life/AD&D.

article thumbnail

What is a PEO (& why do you need one)?

Genesis HR Solutions

At Genesis, we offer the following insurance options: Group health, dental, and vision through Blue Cross Blue Shield, Delta Dental, and Vision Service Plan. Flexible spending programs. Retail & entertainment discount program. Arguably, the products are best-in-class. Life/AD&D. PEO Health Insurance.