Flexible Spending Accounts provide an easy way for employees to save money on taxes and make their benefit dollars go further. BAS makes FSA participation easy by providing online account access and self-service account monitoring.
When an employee logs into MyEnroll.com, the employee can go to the Flex Spending Accts. View box on the left side of the page. From there, select View Acct. Balances & History. This tab provides detailed information about per pay contributions, annual election, claims paid to date, claims pending to be paid, denied claims and remaining balance in the account. This information can be viewed by plan year, by selecting the desired year from a pull-down menu.
From this page, the employee can also access important resources such as bar-coded claim forms and a list of eligible expenses.
BAS provides detailed information to employees to allow them to actively keep track of and manage their FSA reimbursements.