It's really simple!
The Plan Sponsor (company) makes regular contributions on behalf of one or more of the employees, and these contributions go into Member Health Spending Accounts.
Blendable is the HSA administrator and we hold funds legal trust on behalf of the Members, who can use available funds toward the reimbursement of eligible medical expenses. Members submit their claims online through their Member Centre.
Our awesome Claims Champions process and adjudicate claims quickly and thoroughly once received to ensure the funds are reimbursed to Members as quickly as possible.
Easy peasy, right?!
Of course, there's some guidelines we need to follow - so check out our Members, Plans, and Advisors sections for all the nitty gritty details.