Flexible spending accounts (FSAs) are a wonderful way for employees to purchase health-related products and services, but millions of dollars end up leftover in these accounts — money they then forfeit — at the end of the year.
With enhanced communication, benefit leaders can educate and encourage employees to use their FSA funds wisely from now through year’s end, ensuring they maximize their offering. As people restock their summer essentials and plan out needs for fall, now is the perfect time to get creative with messaging, says Rachel Rouleau, chief compliance officer at online FSA and HSA-focused retailer Heath-E Commerce.
