Flexible Spending Accounts are excellent way to help employees offset the increasing cost of medical and child care. However, this benefit is vastly under-utilized and often not fully understood by many employees.  INNOVA has developed flexGuide^© in order to enhance participation by providing personal guidance to employees.  flexGuide^© is a free service that will help employees understand and use this valuable benefit.

With flexGuide^© we partner with our clients to increase employee understanding of this valuable benefit plan.  If you are an employer who is:

• Trying to stretch your valuable employee benefit plan dollars;
• Being forced to increase employee out-of-pocket costs such as copayments and deductibles in order to control premiums;
• Wondering how to increase your Flexible Benefit Plan participation;
• Trying to make every employee feel that your benefit plans were adopted with them in mind.

Eligible employees will now receive a pre-enrollment personalized estimate of individual or family expenses, by category.  In addition, tax savings by using the FSA programs will give them an idea of the real value in participating.  Statements are customized to each employee and are generated using demographic and proprietary data. These are meant to be “AH-HA” moments for employees ignoring FSA participation, historically.

flexGuide^©, itself offers employees access to a one-on-one professional guidance planning call. The service completes with a written summary of the conclusions and guidance.

INNOVA BENEFIT Services understands that the last thing you need is more to do prior to and during Open Enrollment!  We just need a few things in order to implement flexGuide^©. . .

• Benefit Plan Information
• Employee Census
• Your preferred delivery method (email or US post office) of employee information and corresponding data
• But most importantly . . . Your Endorsement and Support

flexGuide^©  can really assist those wishing to talk with someone in thinking through funding and participation.  And best of all, flexGuide^© is offered without an additional charge to the employer and their employees!  When you're ready, we're ready!  Contact us at 1-866-276-2411 about getting flexGuide started for your employees this season.