Simply the best Health Spending Account |
There are several choices when it comes to administering your Wellness Plan. The 4 main factors to consider are:
1. Service
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The Internet is here to stay, so we make every possible use of it that we can:
myFLEXplan makes extensive use of Pre-Authorized Withdrawal (PAW) from your company bank account to facilitate planned deposits and 'as required' withdrawals to make sure your employee claims are processed as soon as possible.
Employee claim payments are made via Pre-Authorized Deposit (PAD) to their bank account within days of the claim being received and processed. In the event an employee does not provide banking information, cheques are issued only once a month and may be subject to a cheque-issue fee. This extensive use of automated banking services allows us to maintain the lower costs and continue to provide you with the absolute best service possible. 4. CostWith myFLEXplan you can design your plan to have administration fees from as low as 5% of claims paid. |