Consumer directed health (CDH) solutions — such as HSAs, HRAs or FSAs — are seen as add-ons rather than essential. We believe their true potential exists in the integration. That’s why our approach to CDH solutions unify Anthem Spending Accounts within the broader benefits framework, creating a seamless, efficient benefit solution.
This integration:
- Pairs medical plans with spending accounts to enhance health outcomes, reduce costs, and increase overall value.
- Creates a streamlined, whole-health approach that gives members cost-effective options that make a meaningful difference.
- Connects medical, dental, and vision benefits, resulting in higher reimbursements, increased auto-substantiation, and reduced documentation for reimbursement.
Beyond the integration advantages, when an employer offers an FSA, the savings on FICA taxes can offset the administrative cost for members who choose to contribute as little as $680 a year (and less than that if the employer combines an FSA with another integrated Anthem Spending Account solution).
Adding Anthem Spending Accounts creates an all-in-one CDH experience. Users will have one debit card for all accounts, one portal, one app, and one customer service experience.
Positioning CDH within a connected benefits ecosystem delivers cost-containment and a more strategic benefits model.
Please reach out to your Anthem representative to learn more and deliver a smarter, more strategic approach to your clients’ benefits package.