If you’re offering traditional benefits plans to your clients, you’re already providing a solid foundation of support for their employees. But have you considered how health and wellness spending accounts (HSAs and WSAs) can take those benefits to the next level? Think of these plans with myHSA as the perfect sidekicks to traditional plans—adding flexibility, coverage, and a personal touch that can make a big difference.

Adding Flexibility to Traditional Coverage

Traditional benefits plans often cover the basics: health insurance, dental, vision, and maybe a few other perks. While these plans are great, they sometimes leave gaps in coverage. That’s where HSAs, WSAs and myFlexplan come in. They offer a flexible way for employees to get the extra support they need.

Health Spending Accounts (HSAs)

HSAs are like a personal health budget that employees can use for expenses not covered by their traditional health plan. This could include things like:

Prescription medications Vision and dental expenses

Alternative therapies (e.g., acupuncture, chiropractic care)

By offering the myHSA plan, employers can fill in the gaps and give employees more control over their health expenses.

Wellness Spending Accounts (WSAs)

WSAs take flexibility to the next level by covering a broader range of wellness-related expenses. This includes:

Fitness memberships (e.g., gym or yoga classes)

Mental health resources (e.g., counseling, meditation apps)

Personal development (e.g., wellness coaching, workshops)

Lifestyle options and value items (e.g., utility bills, reiki, pet insurance) myWSA encourages employees to invest in their overall well-being, which goes beyond what a traditional benefits plan typically covers.

Offer the ultimate option in personalization and flexibility with myFlexplan , a combination of myHSA and myWSA plans.

Enhancing Employee Satisfaction — One of the biggest benefits of combining traditional plans with HSAs and WSAs is the boost in employee satisfaction. When employees have the freedom to choose benefits that suit their individual needs, they’re more likely to feel valued and supported.

Traditional benefits plans can sometimes feel impersonal or one-size-fits-all. HSAs and WSAs add a personalized touch, allowing employees to address their specific health and wellness needs.

Pro Tip: — Highlight how HSAs and WSAs can be tailored to fit different employee preferences, showing clients how they can enhance their existing benefits package and make it more appealing to their workforce.

Managing Costs with Flexibility — One concern with traditional benefits plans is the potential for rising costs. HSAs and WSAs offer a way to effectively manage costs. With HSAs, WSAs and

myFlexplan , employers set the contribution limits, so they have control over how much they spend. Employees use the funds as needed, which can be more cost-effective than traditional insurance plans with fixed premiums and benefits. This makes it easier for businesses to offer a valuable benefit without committing to high, fixed costs.

Pro Tip: — Prepare a comparison of potential costs and savings with and without HSAs or WSAs to show clients how these accounts can fit into their budget and provide added value.

Filling in Coverage Gaps — Even the best traditional benefits plans can leave some gaps, whether it’s high premiums, uncovered expenses, or wellness needs. myHSA’s plans are designed to fill these gaps, offering a comprehensive benefits package that covers more of what employees need.

By integrating HSAs and WSAs with traditional plans, employers can create a benefits package that addresses a wider range of health and wellness needs. This can lead to fewer out-of-pocket expenses for employees and a more complete support system overall. Employees can use the HSA to cover the remaining amount left over from the insured plan, while also running their health and dental premium deductions through the HSA.

Pro Tip: — Use case studies or examples to illustrate how HSAs and WSAs have successfully filled gaps in coverage for other businesses. This can make the benefits feel more tangible and relevant.

A Winning Combination — Health and wellness spending accounts are the perfect complement to traditional benefits plans, offering flexibility, enhanced coverage, and a more personalized approach to employee well-being. By combining these accounts with existing benefits, employers can create a comprehensive, appealing benefits package that meets the diverse needs of their workforce. For your clients, this means happier, healthier employees and a more competitive benefits offering. So next time you’re discussing benefits options, don’t forget to highlight how the different plans with

myHSA can take their traditional plans from good to great.