Reimbursement and Spending Accounts for Large Business

Solutions for Large Businesses

When did benefits
administration get
so complicated?

It’s time to simplify how you
deliver employee benefits.

BENEFITS ADMINISTRATION: REIMBURSEMENT AND SPENDING ACCOUNTS

Reimbursement and Spending Accounts

With the rising cost of benefits and shrinking HR budgets, ADP’s complete suite of spending and reimbursement accounts offers practical cost-saving opportunities for your organization without compromising benefits. Whether your goal is to increase adoption of consumer driven health plans or maximize FICA savings, ADP delivers a user-friendly participant experience with the goal of enrolling more members of your workforce in your spending and savings accounts and keeping them enrolled.

For You: Flexibility And Efficiency

ADP supports a full spectrum of spending and reimbursement accounts, including flexible spending accounts (FSA), health savings accounts (HSA) and more. Our services offer flexible options and multiple opportunities for cost savings. Our experts can even help assist you on decide which plan types may work best for your organization’s needs.

ADP offers your organization:

  • Flexibility–The ability to change your existing plans or add additional plans quickly and easily
  • Consolidation–Uniform administrative practices and performance reporting across all spending accounts, from one vendor
  • Independence–Switch health plan providers while leaving your current spending accounts in place, avoiding the hassle of starting over or re-educating workers on a new program
75% of workers surveyed who are happy with their benefits are also happy with their jobs.

For Your Workforce: Convenience And Simplicity

The success of any spending account program relies on your workers having an understanding of how their plans work. ADP provides your workforce with knowledgeable guidance and service.

ADP offers your people:

  • Consistency–Simplified participant experience with one debit card for all health accounts, one website, one mobile app and one customer service center
  • Education–Tutorials and user guides teach participants how to get the most value from their spending account
  • Convenience–A website that’s useful and as familiar as their online banking experience, and a mobile app that helps users stay connected to their accounts, including the ability to snap a photo and upload receipts instantly
  • Choice–Account funds are accessed through a debit card, automatic reimbursement, or when needed, a reimbursement request which is processed and paid within an average of 7-to-10 business days

A Variety Of Plan Types

  • Health care and dependent care FSA
  • Limited health care FSA
  • Health Savings Account (HSA)
  • Health Reimbursement Arrangement (HRA)
  • Defined Contribution Account
  • Premium Contribution Account
  • Transit and Parking Account
  • Taxable reimbursement accounts for special purposes such as:
    • Tuition
    • Gym memberships
    • Adoption assistance

Source: MetLife; 9th Annual Study of Employee Benefits Trend; 2011

Contact

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800-225-5237

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Let’s talk Benefits Administration

Benefits administration for large business just got a whole lot more complicated. ADP can help you simplify benefits delivery while helping manage your regulatory burden and avoiding penalties.

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