Ease administrative burden while supporting your employees
Addressing the complexity and rising costs of healthcare expenses is difficult for employers and employees alike, leading to financial stress and inefficiencies. Tax-advantaged accounts like HSAs, FSAs and HRAs from Optum Financial can help resolve these challenges.
Our health benefit accounts integrate easily into existing employee benefits and enable employers to offer a more complete benefits package. They’re also a powerful way to engage employees in their well-being, promote a healthier workforce and lower the company’s overall medical costs.
Employees will appreciate that our accounts reduce taxable income, reduce of out-of-pocket expenses and encourage proactive health management. Features include easy-to-use digital tools, compliance support and a variety of spending options that align with employees’ needs.
Explore our health benefit accounts
COBRA Administration
Commuter Benefits
Flexible Spending Accounts
Health Reimbursement Arrangements
Health Savings Accounts
Healthy Food Benefits
Lifestyle Spending Accounts
Stop Loss Insurance
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COBRA is administered on behalf of your COBRA Plan Administrator by Optum Financial, Inc. or ConnectYourCare, LLC and is subject to eligibility and restrictions. Optum Financial, Inc. and ConnectYourCare, LLC are not plan sponsors.
Health savings accounts (HSAs) are individual accounts largely held at Optum Bank®, Member FDIC, and administered by Optum Financial, Inc. or ConnectYourCare, LLC, an IRS-Designated Non-Bank Custodian of HSAs, a subsidiary of Optum Financial, Inc. Neither Optum Financial, Inc. nor ConnectYourCare, LLC is a bank or an FDIC insured institution. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State and/or local taxes may still apply. Fees may reduce earnings on account. Refer to your HSA account agreement for details.
Flexible spending accounts (FSAs), dependent care assistance programs (DCAPs), health reimbursement arrangements (HRAs), Commuter and Parking Benefits, Tuition Assistance Plans, Adoption Assistance Plans, Surrogacy Assistance Plans, Wellness Benefits, and Lifestyle Accounts (collectively, “Employer-Sponsored Plans”) are administered on behalf of your plan sponsor by Optum Financial, Inc. or ConnectYourCare, LLC and are subject to eligibility and restrictions. Employer-Sponsored Plans are not individually owned and amounts available under the Employer-Sponsored Plan are not FDIC insured.
Stop loss insurance is underwritten by Unimerica Insurance Company. In California, stop loss insurance is underwritten by Unimerica Life Insurance Company, and in New York, stop loss insurance is underwritten by UnitedHealthcare Insurance Company of New York.
This communication is not intended as legal or tax advice. Consult a legal or tax professional for advice on eligibility, tax treatment, and restrictions. Please contact your plan administrator with questions about enrollment or plan restrictions.