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First Dollar Selected to Power Pre-Tax Accounts for Clearwater Health

Retrieved on: 
木曜日, 1月 11, 2024

AUSTIN, Texas, Jan. 11, 2024 /PRNewswire/ -- First Dollar, flexible infrastructure for health spending benefits, today announced its partnership with Clearwater Health to power health savings accounts (HSAs) on Clearwater's platform.

Key Points: 
  • AUSTIN, Texas, Jan. 11, 2024 /PRNewswire/ -- First Dollar, flexible infrastructure for health spending benefits, today announced its partnership with Clearwater Health to power health savings accounts (HSAs) on Clearwater's platform.
  • The most recent KFF Employer Health Benefits Survey found that the average family premium rose 7% in 2023.
  • "We're excited to partner with First Dollar for our benefits infrastructure," said Clearwater CEO, Jason Sherman.
  • With Clearwater's rapid growth and First Dollar's novel health wallet approach to powering every health spending benefit, this partnership signals the possibility of future collaboration for other additional account types like flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), or lifestyle spending accounts (LSAs).

Espresa Launches New Breed of Lifestyle Spending Accounts with LSA Plus™ Designed for Personal Benefits

Retrieved on: 
火曜日, 11月 28, 2023

PALO ALTO, Calif., Nov. 28, 2023 /PRNewswire/ -- In a groundbreaking move to enhance the overall well-being of the global employees, Espresa, a personal benefits platform designed for global enterprises, has launched its innovative Lifestyle Spending Accounts (LSA) Plus program.

Key Points: 
  • PALO ALTO, Calif., Nov. 28, 2023 /PRNewswire/ -- In a groundbreaking move to enhance the overall well-being of the global employees, Espresa , a personal benefits platform designed for global enterprises, has launched its innovative Lifestyle Spending Accounts (LSA) Plus program.
  • Redefining traditional workplace benefits, Espresa developed LSA Plus as a modularly designed global personal benefits hub with features not currently available in any other solution.
  • Including incentivized wallets, challenges, and a fully integrated well-being marketplace, LSA Plus represents an evolution from the one-size-fits-all benefits approach to an individually focused and progressive solution.
  • As represented in Espresa's 2023 Lifestyle Spending Accounts (LSA) Benchmark and Trends Report , LSA Plus has helped customers reach industry-high participation of as much as 94%.

Scorpion Unveils New Message Leads Integration to Enhance Local Services Ads

Retrieved on: 
水曜日, 11月 1, 2023

SALT LAKE CITY, Nov. 1, 2023 /PRNewswire/ -- Scorpion, the leading provider of digital marketing technology for local services businesses, today announced new functionality that allows for the activation of message leads within local services ads (LSA) for Scorpion clients. These updates come on the heels of Google's latest updates to the way LSAs are displayed and ranked, helping Scorpion's clients maintain a competitive edge in the new LSA landscape and have an advantage in responding to prospects and customers promptly.

Key Points: 
  • Response to Google's latest updates boosts responsiveness score for LSAs, increasing rankings for Scorpion's clients
    SALT LAKE CITY, Nov. 1, 2023 /PRNewswire/ -- Scorpion , the leading provider of digital marketing technology for local services businesses, today announced new functionality that allows for the activation of message leads within local services ads (LSA) for Scorpion clients.
  • Scorpion's new solution also boosts responsiveness scores for clients by sending an auto-response to any message leads a client receives.
  • Once the initial response is shared, incoming leads are then directed to Scorpion's Communications Suite, where Scorpion clients can continue the conversation with quality leads.
  • "Scorpion is committed to delivering exceptional value to our clients and with our new LSA message leads integration, we ensure that our clients stay ahead in the competitive landscape of Local Services Ads," said Rustin Kretz, CEO and founder at Scorpion.

ProSites Announces Strategic Partnership with Connecticut State Dental Association's PROPS Center

Retrieved on: 
金曜日, 9月 29, 2023

MURRIETA, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- ProSites, a leading provider of dental website design and marketing solutions, is excited to announce its partnership with the Connecticut State Dental Association's PROPS Center. This marks ProSites' 16th state dental association endorsement, reinforcing the organization's commitment to not only help practices grow their digital presence, but also build trust in their local communities.

Key Points: 
  • ProSites today announced its new partnership with the Connecticut State Dental Association's PROPS Center, the company's 16th state dental association endorsement.
  • MURRIETA, Calif., Sept. 29, 2023 /PRNewswire-PRWeb/ -- ProSites , a leading provider of dental website design and marketing solutions, is excited to announce its partnership with the Connecticut State Dental Association's PROPS Center.
  • The PROPS Center, operated by the Connecticut State Dental Services, is dedicated to providing dental professionals with the resources and tools needed to enhance patient engagement and practice success.
  • Dave Rutan, CEO of ProSites, expressed his gratitude for the collaboration, stating, "We are truly honored to partner with the Connecticut State Dental Association's PROPS Center.

Lively Debuts Four New Lifestyle Spending Accounts (LSAs) to Empower Employers to Meet Real Employee Needs

Retrieved on: 
水曜日, 9月 13, 2023

This expansion empowers organizations to meet their employees' ever-evolving needs by offering easily customizable spending accounts.

Key Points: 
  • This expansion empowers organizations to meet their employees' ever-evolving needs by offering easily customizable spending accounts.
  • As a forward-thinking innovator in the benefits industry, Lively’s new group of LSAs furthers the company’s commitment to delivering benefit solutions that employers and employees love.
  • LSAs enable employers to provide a benefit that supports the whole employee beyond health alone.
  • With Lively LSAs, employers can flexibly meet real employee needs, enhance their workplace culture, and attract and retain employees.

HealthPartners now offering lifestyle spending accounts

Retrieved on: 
木曜日, 8月 17, 2023

HealthPartners today announced that it’s offering lifestyle spending accounts (LSAs) to employers for the coming year, complementing other health benefits to help organizations create a comprehensive culture of health.

Key Points: 
  • HealthPartners today announced that it’s offering lifestyle spending accounts (LSAs) to employers for the coming year, complementing other health benefits to help organizations create a comprehensive culture of health.
  • “Health and wellbeing are often determined by what happens outside of a clinic or a hospital.
  • By offering LSAs, we’re supporting businesses that want to help influence health beyond traditional medical and dental benefits,” said Jennifer Danielson, Chief Health Plan Officer at HealthPartners.
  • “These spending accounts can also help organizations sharpen their competitive edge so that they’re recruiting and retaining employees who are looking for a well-rounded set of benefits.”
    Unlike other common spending accounts, which often have maximum and minimum employer contribution, LSAs are post-tax without restrictions on employer contributions.

U.S. Study on Workplace Benefits Sees 14% Bump in Adoption of Lifestyle Spending Accounts to Meet Needs of Increasingly Diverse Workforce

Retrieved on: 
月曜日, 8月 14, 2023

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- A new benchmarking study from Benepass, a modern benefits platform for people-forward companies, illustrates the impact of increasing workforce diversity, return-to-office measures, and a consistently tight labor market on employee benefits offerings. The company's second annual benchmarking report, which analyzed benefits data from more than 60,000 employees across the U.S. saw double-digit increases in flexible Lifestyle Spending Accounts (LSAs) across companies of all sizes, the introduction of return-to-office friendly perks such as transit and parking accounts, and a boost in professional enrichment and food benefits. 

Key Points: 
  • "Companies need to meet a wide range of wants and needs with their benefits programs, and they're becoming more aware that traditional one-size-fits-all benefits aren't designed for today's workforce.
  • LSAs are fully funded by the employer and were developed on the basis that flexible, employee-led benefits lead to happier, more productive employees.
  • Companies implement perks to support return-to-office: Transit and parking accounts are more popular than limited-purpose Flexible Spending Accounts (FSAs) in 2023.
  • "If you're really looking to build an inclusive benefits program, a lifestyle spending account is the way to go.

First Dollar launches Benefit Builder to transform how administrators design and offer benefits

Retrieved on: 
木曜日, 8月 3, 2023

With its software-defined benefits, Benefit Builder allows partners to quickly and efficiently make needed updates without reissuing cards.

Key Points: 
  • With its software-defined benefits, Benefit Builder allows partners to quickly and efficiently make needed updates without reissuing cards.
  • In contrast, Benefit Builder enables teams to independently design, launch, and offer the benefits their sales team has sold.
  • "Delayed timelines frustrate employers, administrators, and the members who depend on these benefits," said Erin Barley, Senior Product Manager at First Dollar.
  • "We want to simplify offering and using health spending benefits, and Benefit Builder helps us meet that mission with a simplified process for creating new benefit offerings."

Awardco Announces Lifestyle Spending Accounts to Give Employers More Autonomy and Employees More Choice

Retrieved on: 
火曜日, 6月 20, 2023

LEHI, Utah, June 20, 2023 /PRNewswire/ -- Awardco has released their newest feature to improve employee recognition and rewards. Lifestyle Spending Accounts (LSAs) are a new way to boost the reach and effectiveness of total rewards using the Awardco platform.

Key Points: 
  • Lifestyle Spending Accounts provide recurring, automated funds to employees which they can spend on benefits that are meaningful to them.
  • LEHI, Utah, June 20, 2023 /PRNewswire/ -- Awardco has released their newest feature to improve employee recognition and rewards.
  • Lifestyle Spending Accounts (LSAs) are a new way to boost the reach and effectiveness of total rewards using the Awardco platform.
  • That's why 70% of employers are considering implementing Lifestyle Spending Accounts.

Survey From Fidelity Investments®, Business Group on Health: Employers View Well-Being as Key Part of Workforce Strategy, Despite Economic Pressures

Retrieved on: 
水曜日, 5月 17, 2023

Employers of all sizes view well-being as a key part of their workforce strategy, more so now than in the past, according to the 14th Annual Employer-Sponsored Health & Well-Being Survey, fielded by Fidelity Investments and Business Group on Health.

Key Points: 
  • Employers of all sizes view well-being as a key part of their workforce strategy, more so now than in the past, according to the 14th Annual Employer-Sponsored Health & Well-Being Survey, fielded by Fidelity Investments and Business Group on Health.
  • The survey, fielded in December 2022 and January 2023, includes responses from 184 employers, the majority of which have global operations.
  • This year’s survey also showed that onsite initiatives that had been stymied by the pandemic should return to pre-COVID numbers in 2024.
  • In 2023, 80% of employers reported having a global consistency approach or actively developing a strategy, according to the survey.