Flexible Spending & HRA

Employers are turning more and more to consumer-directed health (CDH) programs including Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and high-deductible health plans (HDHPs) with Health Savings Accounts (HSAs) to meet your benefit plan cost objectives. You and your employees need a solution that removes much of the burden of administrative activities and empowers employees with insight and the ability to proactively take action. That is where we can help.

Our Plan Offerings

We offer the only solution that provides a single end-to-end user experience for administering reimbursement accounts coupled with a user experience that removes the complexity from decisionmaking and streamlines health care management for consumers. Our solutions support:

  • Flexible Spending Accounts (FSAs) – Health, Limited Purpose, Post-Deductible, and Dependent Care accounts available
  • Health Reimbursement Arrangements (HRAs) – flexible benefit reimbursement options including deductibles, coinsurance, copays, dental/vision only, and more…
  • Health Savings Accounts (HSAs) - more about HSAs

To speak to one ouf our Consultants about our Plan Offerings and services please contact marketing@stanleybenefits.com or 336-271-4450.

Why Choose Stanley Benefits?

Stanley Benefits provides a single end-to-end user experience for administering reimbursement accounts. The user experience removes the complexity from decision making and streamlines health care management for employers and consumers.

  • Dedicated Account Manager and local, NC based service team – You and your participants will develop a personal relationship with our service team.
  • On-site enrollment and benefit education support – Our account managers and consultants are available 24/7 to provide customized enrollment and education support to help your employees navigate their options and get the most out of their HSA, FSA, or HRA benefits. Click here for CDHC benefit education video example.
  • Administration and plan compliance support – Provided by our on staff ERISA attorneys. Our standard administration services include an initial or re-stated plan document and SPD and on-going regulatory monitoring and plan updates as needed. We also offer non-discrimination testing, PCORI filing, CMS filing, ERISA 5500 filing for health and welfare plans, and ERISA Wrap Document services.
  • Proven multi-account coordination – Stanley Benefits’ one-stop solution provides the ability to coordinate Consumer-Directed Health Care plans on a single platform such as an HSA with custodial banking services alongside limited-purpose FSA plans. Traditional bank HSA debit cards cannot support multiple products. Click here for short video.
  • Easy enrollment updates – You can update benefit enrollment and participant info via our employer portal or we can accept recurring file feeds from your enrollment/payroll vendors for enrollment changes. We can also setup easy online enrollment via our website portal if needed.
  • Flexible contributions – You can choose the best method for making contributions to employees’ accounts using file imports or recurring contribution schedules. Our solution provides the convenience of processing employee and employer contributions for mutiple account types from a single file.
  • Convenient funds access – Employees can access their funds through online and mobile app distribution requests, online claim filing, or by using the convenient Benny® benefits debit card. Distributions and claim reimbursements can be sent to employees by direct deposit or check. Account balances are updated in real time at the point of service.
  • Employee information at their fingertips – Employees can review their account details, request distributions, submit post-tax contributions from personal bank accounts, view statements and tax documents, and allocate funds into an array of investment options using convenient online portals and mobile apps available 24/7. Click here for mobile app video.
  • Medical, Dental, and Vision Claims Integration – With Consumer Claims Sync, consumers may receive claims data from various insurance sources to feed into 1View. Provide your employees with an easy-to-use dashboard view of health care expenses for ongoing management of medical claims, premiums, and card transactions. This will help your employees to better understand their health care costs so they can make informed decisions on future health care spending. Click here for Consumer Claims Sync video
  • Auto claims adjudcation - Decrease documentation request for FSA and HRA debit card transactions with Consumer Claims Sync, our smart Benny Debit card with IIAS technology, co-pay recognition, and recurring expense recognition.
  • Employer Web Portal - A HIPAA-compliant, user-rights based live interface that empowers HR staff with secure, easy-to-use, role-based access to convenient, self-service options including reports, employee data updates, imports, and automatically generated alerts, notifications, and statements. Click here for Employer Portal video
  • Comprehensive reporting – Monthly or custom reports are generated automatically with email alerts directing employees to secure portals for viewing – creating a virtually paperless administration process.

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