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.
The reasons to choose Mangrove are clear:
- Mangrove handles all manual claims processing, debit card administration and balance
reporting administration associated with FSA, HRA and HSA accounts.
- Stackable Prepaid Benefits Card for easy payment of qualified 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
- 24-hour online and phone access to account balances, claim status and payment
history
- Reimbursements via check, direct deposit or debit card
- Non-discrimination testing services
- Educational materials
- Online access to tools and calculators
- Quarterly participant reports and EOBs with balance updates available online
