Unlimited plan year administration

iHealthConsumer FSA provides natural support for plan renewals through structural support for multiple plan years with easy overlapping plan year coordination.

Support for multiple schedules

iHealthConsumer FSA supports a multitude of schedules to enable error-free planning and execution of administrative duties. Supported schedules include payroll, payroll contribution, group subsidy, payment process and reimbursement.

Dual-entry accounting

iHealthConsumer FSA account administration is built on a dual-entry accounting system. This comprehensive accounting system supports account registers and specialized journals for contributions and reimbursements, as well as general ledgers for groups and participants.

Linked bank account

iHealthConsumer HSA supports a general-purpose linked account. This allows the account holder to easily contribute to their HSA from their linked account, as well as withdraw from their HSA and deposit the funds into their linked account electronically.

Brokers

iHealthConsumer products promote continuous broker participation. The products support the requirements and work flow of a broker. The support for Brokers ranges from an HSA centered around a Broker to pre and post sales census management and reporting. Our hosted products can be easily branded with custom styles and domains. All of the iHealthConsumer products enable commissions for active producers.

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TPAs

iHealthConsumer products have been designed and developed with some of the largest national TPAs with participants ranging from 50,000 to 500,000. These TPAs provide a rich and diversified administrative pool of Groups ranging from some of the smallest in the private sector to some of the biggest in the public sector, like state governments and public school systems. The administration capability in iHealthConsumer for such a wide spectrum of groups makes it the most comprehensive administration system available for TPAs.

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