HSA + WSA
FlexWorks
The total package. Tax-free health combined with flexible lifestyle perks. Give your team complete control over their well-being.
Total Autonomy
Employees decide how to split their funds between health needs and lifestyle wants. No cookie-cutter plans.
Tax Efficiency
Medical expenses remain tax-free (HSA), while lifestyle perks are a taxable benefit (WSA). We track the difference automatically.
Cash Flow Control
Beyond your annual subscription, you only pay for approved claims. We debit your account automatically as funds are used - no pre-funding required.
What is FlexWorks?
FlexWorks is a hybrid spending account that combines a Health Spending Account (HSA) and a Wellness Spending Account (WSA) into a single benefit.
It bridges the gap between essential health care and personal wellness. Employees can use funds for dental or vision (tax-free), or shift their budget to categories like fitness or education and growth (taxable).
One Budget. Zero Compromise.
You set the budget. Employees choose the allocation.
Employee sets the HSA allocation
$2,200
Used for essential medical costs like Dental and Vision. Reimbursements are 100% tax-free.
Owner sets the Annual Limit
$3,000
You set one fixed annual limit. You don't manage the split, and you never pay a penny over this amount.
Employee sets the WSA allocation
$800
Allocated to flexible perks you enable like Fitness & Memberships. Reimbursements are a taxable benefit.
Two Powerful Accounts. One Simple Plan.
Don't make your team choose between being healthy and being happy. FlexWorks delivers the full spectrum of care.
The Health Side (HSA)
Covers essential medical needs like Dental, Vision, and Paramedical care. This portion is 100% tax-free and works exactly like our standalone Health Spending Account.
The Wellness Side (WSA)
Covers your team's mental, physical, and financial well-being. This portion is a taxable benefit and functions identically to our standalone Wellness Spending Account.
Empowered Employees. Automated Admin.
Give your team full control over their benefits mix while we manage the complexities in the background.
Digital Setup: Complete your business profile and plan structure entirely online.
Classes & Limits: Group employees by role and set a unique annual limit for each class.
Plan Rules: Select from over 20 wellness categories to include, customize your effective date and decide on carry-forward rules.
Employee Allocation: Employees log in and set their own split between Health (HSA) and Wellness (WSA) funds.
Instant Digital Submission: They pay for the product or service and submit it through the app.
Automated Funding: We verify the claim, debit the exact amount from your business account, and reimburse the employee directly.
Real-time Reporting: Monitor usage levels instantly to track your budget and inform future planning.
Accounting Ready: Download invoices and clean CSV exports at any point in time with clean splits across HSA and WSA claims.
Usage Insights: Analyze spending patterns by category to understand what your team values most and refine your plan.
Don't Just Pay Them. Empower Them.
FlexWorks offers cost certainty and total freedom.
Group Benefits
FlexWorks
Cost Control
Flexibility
Utilization
Value Perception
Frequently Asked Questions
How are the two accounts taxed differently?
HSA reimbursements are 100% tax-free for the employee and tax-deductible for the corporation. WSA reimbursements are tax-deductible for the corporation but are considered a taxable benefit for the employee.
Can employees change their split mid-year?
no. The allocation is locked in at the beginning of the plan year (or upon hiring). They can adjust their split during the next renewal period.
Do I need to decide the split for my employees?
No. You simply set the total annual limit. The employee decides how much of that total goes towards their health spending limit versus their wellness spending limit based on their personal needs.
What happens if an employee doesn't use their funds?
The funds remain with your company. Since FlexWorks only debits you for approved claims, you never lose money on unused benefits or have cash tied up.
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