YourWay allows you to bundle more benefits and increase your tax savings by stacking a Flexible Spending Account (FSA) on top of an HRA Plan. FSAs, which can be stacked with a YourWay HRA, have their own built-in, tax-efficient advantages for employers and participants and can be completely managed through our proprietary software platform.
Funding Future Flexibility
Terrific for Tax Savings
YourWay FSA Plans: Ideal for every employer.
The FSA product from OneBridge provides the opportunity to contribute tax-free dollars into an employer-sponsored FSA account, administered by OneBridge. These funds can be used throughout the plan year on qualified healthcare or dependent care expenses. OneBridge offers several FSA plan options built to connect you to smarter savings. Below are the three primary FSA accounts administered via YourWay.
- Health FSA: Covers all eligible medical, dental, prescription, and/or vision expenses, not covered by insurance
- Limited Health FSA: Covers qualifying dental, vision and preventive care expenses and can be used with a High-Deductible Health Plan (HDHP) and a Health Savings Account (HSA)
- Dependent Care FSA: Covers eligible dependent care services, such as preschool, summer day camp, before or after school programs, childcare, and elder care
Employers prefer YourWay FSAs.
Employers who offer a YourWay FSA benefit through OneBridge gain flexibility, streamline processes, control costs, and can quickly and easily access a number of online portal features including:
- Real-time snapshots of your FSA plan including participant listing, activity by employee, funding status, pending claims, etc.
- Individual and census enrollment capabilities.
- Management of participant status changes, including qualifying life event (QLE) elections.
- Customized reporting to address all operational, financial, and regulatory needs.
- The simplicity of offering an FSA and an HRA stacked on the smart OneBridge Visa® Benefits Card with a single participant portal experience.
What are the steps to onboarding a YourWay FSA?
Learn more about onboarding a YourWay FSA by filling out the form below!
As your partner, OneBridge makes it possible.
Backed by our first-of-its-kind administration platform, as well as HRA and FSA plan design expertise, OneBridge Benefits powers the YourWay FSA, handling everything from initial cost analysis and compliance to ongoing management and regulatory reporting. As a trusted benefit administrator currently servicing over 210,000 participants with $2B+ in health account savings across the country, OneBridge is the experienced partner more employers and their brokers rely on for simple solutions to the most complex health benefit issues.
Online Portal & Mobile App
Use a single sign-on to all benefit accounts administered by OneBridge (both FSA and HRA).
Real-Time Tracking
Track claims in real-time and enjoy fast payment processing.
Participant Management
Change participant demographic information and elect direct deposit.
Integrated Debit Card
Use your FSA funds to pay for qualified medical expenses by swiping your “stacked” smart OneBridge Visa® Benefits Card which automatically withdraws funds from the appropriate account.
Historical Data
Quickly view all past transactions and balances for all your accounts.
Easily Submit Claims
Submit claims through the OneBridge mobile application HRAgo®.
Stacking YourWay leads to higher benefits.
Explore YourWayFSAs and broaden your benefit offering.
If you’re an employer looking for tax-efficient health benefit accounts, YourWay is for you. Schedule a meeting with our team to learn more today!