FSAs, HSAs and HRAs with Debit Card Administration

Imagine being reimbursed for out of pocket healthcare and dependent care expenses with tax free dollars!

Mangrove offers fully automated approaches for Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Arrangements.  FSAs, HSAs and HRAs are a win-win for everyone in your organization.  They are becoming increasingly popular as an overall cost sharing strategy and they compliment an employer’s benefits plan by allowing employees to play an active role in saving money on IRS-eligible expenses.  With spending accounts, you can empower employees to make their own healthcare decisions and increase the total value of their benefits package.  

Mangrove provides flexible administration and makes FSAs, HSAs and HRAs both easy-to-use and easy-to-understand – no matter how complex. We provide quality educational tools that help drive up plan participation.  Every client receives access to a dedicated, attentive Account Manager, and your participants receive access to our helpful, responsive customer service team. 

Our pre-paid benefits card partnership with the nationally-leading and award-winning benefits card supplier, Evolution Benefits, has resulted in innovative claims processing and fewer receipts, which positively contributes to the overall satisfaction of employees.     

The reasons to choose Mangrove are clear:

• Mangrove handles all manual claims processing, debit card administration and balance reporting administration associated with the FSA, HRA and HSA accounts.
• Evolution’s Benny Card for easy payment of qualified medical expenses at the point-of-service
• Participants receive one debit card for all accounts enrolled, providing a truly streamlined and automated approach
• Proven multi-account, multi-stacking debit card capabilities
• Streamlined enrollment capabilities – file electronically or mail/fax paper forms
• Online access for participants and staff to account balance, claim status and payment history
• Reimbursements via check, direct deposit or debit card
• Non-discrimination testing services
• Educational materials customized to fit your organizations needs
• Online access to tools and calculators
• Quarterly participant reports and EOBs with balance updates