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ASIFlex administers programs such as FSAs, HRAs, HSAs and Commuter Benefit programs. Our sister company, ASI COBRA, provides COBRA and Retiree Billing solutions. Our service is really geared towards simplifying the lives of our participants by providing streamlined, responsive assistance.
The first key to maximizing the benefit achieved by enrollees is to truly understand the benefit plans. Please follow the links below to drill down into the benefit program in which you are considering enrolling. If you have questions, please Contact Us and we would be glad to help.
The Health Care Flexible Spending Account allows participants to set aside pre-tax dollars to pay for expenses such as co-pays, co-insurance, deductibles, most prescriptions, over-the-counter supplies (as long as they are treating a medical condition) and many other expenses.
Expenses for your tax dependents qualify for the program, even if they are not on your employer's insurance program.
The Dependent Care Spending Account (DCAP) allows individuals to set aside pre-tax dollars to pay for out-of-pocket child care expenses for children under the age of 13. Additionally, if you have an older dependent that lives with you at least 8 hours each day and requires assistance with day-to-day living, you can claim these expenses through your dependent care spending account.
Please note that you cannot claim your dependent's medical expenses through your Dependent Care Flexible Spending Account. You can claim these expenses through your Health Care Flexible Spending Account.
Health Reimbursement Arrangements (HRA) are employer-sponsored programs that help offset out-of-pocket health care costs. The HRA can be structured in a number of ways to help employees save money.
A Health Savings Account is a savings vehicle that is tied to a High Deductible Health Plan.
The Pre-Tax Commuter Benefit Program allows you to set aside pre-tax dollars to pay for out-of-pocket expenses for parking or mass transit/van pooling expenses incurred so that you can go to work.
COBRA benefits are extended to individuals that have experienced an eligible qualifying event.