| Employer Advantages: |
Employee Advantages: |
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Improves employee satisfaction by offering flexibility and choice |
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Reduces various payroll taxes - for example, employer Social Security contributions are reduced for each dollar of employee participation |
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Controls medical costs without limiting employee choices |
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Lowers taxable income resulting in reductions such as Social Security, Medicare, Federal and State withholding tax (may vary by state) |
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Receives non-taxable reimbursements for eligible expenses, out of pocket deductibles, coinsurance, and co-pays, over the counter remedies, lasic surgery, mass transportation and parking, and dependent care |
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Debit card eliminates paperwork and cash requirements at the point of service |
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