Well-being Benefits Administration
Well-being Benefits Administration
Streamlined Administration with Mobile App and Debit Card
Well-Being benefits that promote employee physical, mental, and financial wellness are important tools for supporting an overall workplace wellness program. Summit’s cloud-based solution simplifies the administration of these post-tax accounts.
Promote employee wellness with Summit by offering popular, post-tax well-being benefits.
Lifestyle Spending Accounts
Versatile Accounts that Support Employee Well-being
LSAs are post-tax, employer-funded reimbursement accounts that assist employees in accessing products, services, or activities to encourage healthier lifestyles and financial wellness.
Employers can make just about anything eligible for LSA reimbursement. No other benefits account provides companies with so much flexibility to address employee physical wellness, mental health and financial wellness. Although nearly unlimited in scope, LSAs are one of the simplest accounts to administer due to the lack of regulation. Plus, LSAs can be started at any time during the calendar year. They do not have to align with traditional annual enrollment dates.
What better way to get where you want to grow?
PHYSICAL WELL-BEING
Gym memberships
Personal trainers
In-home exercise equipment
Fitness classes, apps, trackers
Nutrition counseling
Cookbooks, cooking classes
Passes for golf, skiing, etc.
Sports equipment
Athletic gear and apparel
NON-TRADITIONAL MENTAL HEALTH
Marital counseling
Parenting classes
Life coaching
Meditation classes
Yoga classes
Sleep apps
Aromatherapy products
Spiritual retreats
WORK AND EDUCATION
High-speed internet
Office supplies
Tech accessories
Standing desks
Ergonomic chairs/cushions
Wrist pads and supports
Transit expenses
Student loan reimbursements
Adult continuing education
FINANCIAL WELLNESS
Cell phone and utility bills
Rent/mortgage
Groceries and meal delivery
Childcare/pet care
Debt education classes
Budgeting classes
Financial advisory services
Estate planning services
Home purchase/remodeling
Unlimited Flexibility
No Annual Limits
Account-linked Benefits Debit Card
Real-time Data Updates
Powerful Data Exchange
Mobile App and Participant Portal
Operations BPO Available
Medicare Solutions
Healthcare Cost Savings for Older Employees and Retirees
Medicare is often the best option for employees and retirees older than 65, but federal regulations prohibit employers from making direct premium payments for Medicare or Medicare-related coverages. Fortunately, TPAs using Summit can offer employers options that do meet federal guidelines.
Grow your business by using Summit to provide Medicare Solutions.
Medicare Advantage EGWP Waiver Plans
ICHRAs for All Employers
QSEHRAs for Companies Employing 50 or Fewer
Reimburse Premiums and/or Qualified Expenses
Account-linked Debit Card
Mobile App and Participant Portal
Operations BPO Available
COMPASS™ Card
Highly Customizable to Support Nearly Any Benefit Program
In today’s rapidly diversifying benefits market, TPAs need the ability to adapt and innovate. DataPath's COMPASS™ card enables TPAs to offer a highly customizable debit card that can support almost any benefits program.
Enjoy a smoother trip to where you want to grow by taking DataPath along for the journey.
Lifestyle Spending Accounts
Employee Bonuses and Perks
Employee Support Programs
Section 139 Disaster Relief
Medicare and Medigap Solutions
Convenient Mobile App
Operations BPO Available