Flexible Spending Accounts (FSA) Plan Administration

IMS is your one-stop shop for all consumer directed spending accounts.

A flexible spending account (FSA) is an employer sponsored benefit offered by companies of any size. An FSA lets employees set aside pre-tax dollars to pay for eligible expenses like healthcare and/or dependent care. FSA plans can be offered alongside any medical or dental plan, self-funded or fully insured.

KNOWLEDGE.

IMS’ benefits expertise gives us the prime opportunity to educate both employers and employees to become more affluent health care consumers. Employers will be assigned a dedicated Account Manager to ensure a smooth and efficient implementation and to provide on-going support. IMS assists in designing a Flexible Benefit Plan best suited to the employer’s individual needs. IMS can administer Flexible Benefit Plans without any changes to an employer’s current benefit plan administration.

A BETTER USER EXPERIENCE.

By providing easy-to-use tools and compassionate service, IMS can help members and their families improve their quality of life and reduce overall expenditures on health care.

IMS can also produce Premium Only Section 125 Plans (POPs), Summary Plan Documents (SPD) and Wrap Documents on a standalone basis for a one-time fee that allows employers to deduct premiums for company sponsored health plans on a pre-tax basis. Non-Discrimination Testing services are also available.