The BESTflex Plan with flexible spending account administration has options for grace period, rollover, Benefits Card, and employer contributions. If the organization has multiple divisions, each division can have separate fees, contacts, and reporting. We work with brokers and employers to build a benefit that meets their needs for the new plan year, and we’re happy to accommodate a mid-year administration change for clients.

Our processes and content are designed to make administration easy and effective. Employers easily administer the BESTflex Plan online, with access to multiple funding options, detailed claim registers, invoices, workflows to enroll or terminate participants, online renewal processes to establish the next plan year, and access to our FSA Toolkit to support employee communications in open enrollment.

Our technologies provide participants with a great money-saving experience and easy options to access their FSA funds. Participants can pay directly from their FSA at the register with the Benefits Card or use their preferred payment method and then submit a claim for reimbursement on our website, via our mobile app, or with a form. Available participant technologies include the Benefits Card, Mobile App, online claims for reimbursement, and Direct Deposit into the participant’s bank account.

The flexibility of the BESTflex Plan offers employers the opportunity to offer FSAs alongside their HSA or HRA. We include nine nondiscrimination tests per plan for BESTflex Plan clients and we prepare Form 5500 for BESTflex Plan clients who use our Health Care FSA administration, at no additional charge.