
Today, providing a competitive benefits package is key to employee satisfaction and retention. However, understanding benefits has become more challenging with health care constantly in flux, new benefits accounts, and all the acronyms to keep straight. This means that employers and benefits brokers have the added task of educating people to better understand and appreciate the value of tax-advantaged accounts like HSAs, HRAs, Health Care FSAs, Dependent Care FSAs, and commuter benefits.
A simple way to accomplish this is by offering a benefits app. What does a benefits app do? In short, it makes life a little easier for people managing their benefits accounts, allowing them to check their balance, pay providers, and reimburse themselves for out-of-pocket spending with just a few clicks. Based on experience with our own myCYC® mobile benefits app, these are some of the key advantages of offering a benefits app to your employees or clients.
About the Author:
Diana Bauza is a content writer based in the Greater Philadelphia area. She writes about products and services in the health and technology industries, with the goal of empowering consumers with quality information to help them make decisions that best serve their needs.