FSA, LPFSA, DCAP

MEDSURETY makes it easy for employers and employees to manage pre-tax benefit accounts that save money and simplify healthcare spending. Whether it’s a Flexible Spending Account (FSA) for everyday medical expenses, a Limited Purpose FSA (LPFSA) paired with an HSA for dental and vision costs, or a Dependent Care Assistance Program (DCAP) to help with childcare and eldercare—our platform streamlines the process from start to finish. With intuitive tools, timely reimbursements, and dedicated customer support, managing your pre-tax benefits has never been easier.

What Is an FSA and How Does It Work

Learn the basics of Flexible Spending Accounts and see how they help employees save on healthcare costs.

For Employees: Maximize Your Pre-Tax Benefits

Flexible Spending Accounts (FSAs), Limited Purpose FSAs (LPFSAs), and Dependent Care Accounts (DCAPs) let you save on everyday healthcare and dependent care costs. Access funds easily, track balances on the go, and use pre-tax dollars to stretch your spending power.

Pre-Tax Savings on Expenses

Use pre-tax dollars to pay for eligible healthcare or dependent care expenses, reducing your taxable income and saving money every pay period.

Quick Mobile Claims Filing

Submit claims directly from your smartphone for fast processing, so reimbursements are timely and hassle-free.

Instant Debit Card Payments

Use your FSA, LPFSA, or DCAP debit card at eligible providers for instant access to funds—no need to wait for manual reimbursements.

Track Balances Anytime

Monitor contributions, spending, and remaining balances in real-time through convenient online or mobile tools.

Auto-Pay & Auto-Reimburse

Set up automatic payments or recurring reimbursements for qualified healthcare, dependent care, or orthodontia–simplifying expense management.

AI Claim Processing

With AI Claim Processing, recurring eligible expenses—like a prescription purchase for the same amount at the same location—are automatically approved, so employees don’t need to submit documentation each time.

$150M+

Assets Managed

800,000/year

Claims Processed

300,000+

Members

3,000+

Organizations

For Employers: Simplified Benefits, Reduced Costs

Offering FSAs, LPFSAs, and DCAPs helps employers reduce payroll taxes, encourage employee engagement, and simplify benefits administration. Our platform makes managing contributions, reimbursements, and reporting easier than ever.

Reduce FICA Payroll Costs

Employer contributions and employee pre-tax deductions reduce overall payroll taxes, delivering significant savings.

Encourage Benefit Utilization

FSAs, LPFSAs, and DCAPs encourage employees to take advantage of pre-tax benefits, improving engagement and satisfaction.

Easy Enrollment Management

Streamline enrollment with BenAdmin software file feed integration and online tools that simplify setup, elections, eligibility tracking, and employee communication.

Streamlined Reimbursement Process

AI claims processing streamlines reimbursements by auto-approving eligible expenses and minimizing documentation.

Enhance Total Compensation Package

Offering pre-tax accounts adds value to your benefits package, helping attract and retain top talent.

Automated Year-Round Reporting

Simplify compliance and reconciliation with automated monthly, quarterly, and year-end statements.

Our FSA, LPFSA, and DCAP Solutions Allow Employees To:

Maximize pre-tax savings for healthcare, dental, vision, and dependent care

Track account balances and spending anytime on our 24/7 online dashboard

Access accounts easily on the go with our mobile app

Simplify payments with our intelligent multi-purse benefit card

Learn at your own pace with educational videos, online demos, and FAQs

Monitor payroll contributions and reimbursement history across FSA, LPFSA, and DCAP

Our Solution Allows Employers To:

Manage plan design and options, including Limited Purpose FSAs and Dependent Care Accounts

Access fully customizable reports through our HR portal

Integrate seamlessly across all account types while maintaining compliance

Handle eligibility, contributions, and schedules for all account types in a single interface

Gain insights into utilization trends across your employee population

Communicate effectively using proven tools to drive enrollment and educate employees

Want more details?

Get your quote today.

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proven Integration Partners

MEDSURETY partners with leading payroll, banking, and benefits platforms to ensure smooth, secure integrations for enrollment and contribution data. Here is a sampling of some platforms we work with today.

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Frequently Asked Questions

Get the details you need. Explore our most frequently asked questions about FSAs, LPFSAs, and DCAPs.

Employers have flexibility when designing FSA plans to meet the needs of their workforce. Common plan design options include:

Carryover: Allow employees to carry over a portion of unused funds from one plan year to the next, up to the IRS-specified limit.

Grace Period: Give employees extra time—typically up to 2.5 months after the plan year ends—to use any remaining funds.

Contribution Limits: Set employee contribution limits within IRS guidelines for healthcare FSAs, LPFSAs, and DCAPs.

Eligibility Rules: Define which employees can participate, such as full-time, part-time, or new hires.

These options let employers create an FSA plan that balances flexibility for employees with cost management and administrative ease.

We provide a healthcare cost-planning tool to help employees determine the appropriate election amount for the upcoming plan year, ensuring they don’t over-contribute. MEDSURETY helps employees maximize their FSA, LPFSA, and DCAP funds before the plan deadline through a combination of intuitive tools and proactive communication. Employees can track balances and spending in real time via our 24/7 online dashboard and mobile app. Our intelligent multi-purse benefit card automatically applies payments to the correct account. Additionally, we provide educational resources, reminders, and self-help tools to guide employees on eligible expenses and upcoming deadlines, helping them use their funds efficiently and avoid forfeiture.

Employees need receipts or statements showing the date, amount, and type of expense for FSA, LPFSA, and DCAP claims. This documentation proves the expense is eligible under IRS guidelines.

MEDSURETY simplifies this process by allowing employees to submit claims online or through our mobile app, where receipts and supporting documents can be uploaded quickly. For recurring or easily verified expenses, our AI claim processing automatically approves claims without requiring documentation. For other transactions, the platform tracks and verifies submissions, provides real-time status updates, and ensures the correct account is used. This reduces paperwork, speeds up reimbursements, and makes managing pre-tax benefits hassle-free.

Participants in FSA, LPFSA, and DCAP plans have multiple reimbursement options to fit their needs. They can receive funds via direct deposit to their bank account or through a check mailed to their home.

MEDSURETY ensures reimbursements are processed quickly and efficiently. Claims submitted online or through our mobile app are typically reviewed and approved promptly, allowing employees to access their funds as soon as possible, often within just a few business days. This provides a seamless experience and helps participants manage their healthcare and dependent care expenses without delay. MEDSURETY processes claims through AI, and any items requiring manual review are processed daily, with reimbursements issued weekly.

Yes, employees can use MEDSURETY’s intelligent multi-purse benefit card to pay for eligible FSA, LPFSA, and DCAP expenses directly. The card automatically pulls from the correct account, making spending simple and convenient.

For transaction substantiation, MEDSURETY uses AI claim processing to automatically verify certain purchases at the point of sale when merchant codes clearly identify eligible expenses. For transactions that require additional documentation, employees can quickly upload receipts through the online portal or mobile app, and our system tracks, reviews, and approves submissions to ensure compliance with IRS guidelines. This streamlined process minimizes paperwork and speeds up reimbursements.

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