Flexible benefits offer a tremendous tax benefit to you and your employees allowing both of you to keep more of the money you earn. BCBSWY makes it easy to offer and administer your company’s flexible benefits plan.
Reduce payroll taxes and help defray administrative expenses with a POP that allows employees to pay their portion of insurance premiums on a pre-tax basis.
Enable employees to pay for eligible healthcare and dependant daycare expenses on a pre-tax basis with an FSA.
Compliment a healthcare plan with an employer-funded HRA to help employees cover the deductible and eligible medical expenses
Funded by employee and employer, tax free savings may be used in conjunction with a qualified high-deductible health plan to pay for eligible medical expenses or saved for retirement.
Learn more about employee FSA or HRA COBRA continuation rights.