Flexible Benefits

Flexible benefits are one of several ways to help defray the high cost of medical care for the employee. This method allows the employees to designate a specific amount of money for the year to pay for medical, dependent care, and other allowable expenses. This amount of money reduces the taxable income.

Reimbursement for allowable charges involves the proper management of the flexible funds, printing checks, adjudicating claims, and other responsibilities. Offering flexible benefits requires having a staff equipped and knowledgeable about the IRS requirements and all aspects of properly maintaining and processing records.

Management of Flexible Benefits
The HR Consulting Group, Inc. can evaluate and present a plan to satisfy the need for flexible benefits in your company. Our years of experience helping companies manage health benefits provide us with the cutting-edge expertise to work with you to design a plan that is profitable for you and beneficial for your employees.

We offer software and support services for managing all aspects of your Human Resources and flexible benefits package. One advantage of flexible benefits is the option in many areas to offer debit/credit cards to use for approved medical expenses. This eliminates the need to pay for the service and then request reimbursement. The card is loaded with the total amount allowed for the year and each time it is used, it reduces the amount in holding. The creative solutions we offer allow for improved health care while maintaining the bottom line.