Business Health Spending Accounts
MEBA’s Health Spending Account Program can be integrated into a wide variety of employee compensation / incentive / retention concepts for your firm. With an ASO ~ Administration Services Only funded plan, you take control to cut the fat out of your fully insured benefit plan.
Take control of your benefit plan;
Health Spending Accounts are ideal for small to medium sized firms where the employer is interested in a cost effective yet totally flexible program for the employee. The employer simply sets the contribution level per employee / employee classification and MEBA handles the adjudication / payment of claims…while all plan administration is handled by MEBA.
A Health Spending Account works well as either a stand-along program or in conjunction with your existing traditional group benefit plan. MEBA will customize a benefit plan design that works right for you.
The MEBA Health Spending Account works like a special savings account where a pre determined amount of dollars is deposited into each employee’s account. The employee uses the money to have medical and dental care fees reimbursed that are not fully covered / covered under their group plan. To be eligible, all claims must be medically necessary and eligible for income tax credits as per the Income Tax Act.
The MEBA Health Spending Account provides funds to cover expenses such as;
Who benefits from the MEBA Health Spending Account program? …everyone!
For the Employer;
For the Employee;
|If you would like more information on our Business Health Spending Account Programs, please contact MEBA for a no obligation quotation for your firm.|