FSA/HRA Services

Higginbotham performs a number of administrative functions for your employee benefits program through on-staff professionals. Because we provide these indispensable services in-house, you can save on vendor fees and reduce the time required to manage third party administrators—freeing you to focus on your core competencies.

 

Flexible Spending Accounts (FSA)

We guarantee timely administration of your Section 125 reimbursement plan with a 24- to 72-hour turnaround on claim checks via direct deposit and provide your employees with online access to their account balances through our WealthCare portal at www.mywealthcareonline.com/higginbotham. Debit cards are also available to your employees for the electronic transfer of pre-tax dollars to pay for qualified health care and child care expenses.

 

Health Reimbursement Arrangements (HRA)

We manage reimbursement of claims within 48 hours of receipt with an Explanation of Benefits from your insurance carrier. Reimbursement options include direct deposit or payment to the health care provider, and employees have online access to their account information through our WealthCare portal.

 

Online Capabilities Through WealthCare

  • Verify elections
  • Print blank claim forms
  • View change in status rules
  • Calculate savings
  • View account balances
  • Determine qualified expenses
  • View eligibility requirements
  • Learn about the plans