Flexible Spending Account

FSA

Insurance

Benefit Plans Overview

Flexible Spending Accounts (FSAs) are authorized under the IRS code and allow employees to pay for qualifying medical, dental, vision and dependent care expenses on a tax-free basis. Eligible employees determine the amount they want to contribute to their Health Care FSA or Dependent Care FSA. The amount chosen by employees is automatically deducted pre-tax (meaning before FICA, federal and state taxes) from each paycheck during the plan year. The employees are then participants in the FSA and the pre-tax payroll deduction results in employees saving approximately 30% in taxes. Employers save on payroll taxes which helps to offset the cost of FSA administration.

Eligibility & Participation

Participation: You must have at least one employee enrolled

Get a Quote

Benefits Administration Services

A form to request a quote or more information regarding the WMC Insurance Programs

"*" indicates required fields

Name

First Last

Company/Employer*

Address

City State / Province / Region ZIP / Postal Code

Email*

Phone

Number of Eligible Employees*

Select What is Applicable

Employer looking for a quote

Employer just looking for additional information

Employee wanting more information to pass along to their employer

Which Product(s)

ICHRA (Individual Coverage Health Reimbursement Arrangement)

FSA (Flexible Spending Account)

HSA (Health Savings Account)

HRA (Health Reimbursement Arrangement)

Cobra

Document Upload (if applicable)

Drop files here or

Max. file size: 200 MB.

Network & Provider Search

Not applicable under this program.

Enrollment Process

Installation

The experts at DBS will handle installation of the ICHRA. DBS will work with the employer/broker to coordinate and walk through the enrollment process.

Existing Customers

Welcome to ICHRA!

We’re excited to have you as part of our ICHRA program, administered through DBS. Once you are enrolled in the ICHRA, you have access to your account information through the DBS online account viewing system. In addition, the experts at DBS will be able to walk you through any questions.