Omnify Employee Benefits

The right benefits to attract the right employees

In today’s competitive landscape, it’s more important than ever to offer your employees health and wellness benefits that truly matter — and our dedicated experts have the knowledge and passion to help make it happen.

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Employee Experience

Flexible Spending Accounts

A valuable addition to your benefits package

Budgeting for healthcare expenses can be stressful for your employees. But with an employer-sponsored flexible spending account (FSA) from Omnify, you can offer them peace of mind by giving them an option to set aside tax-free dollars to use on healthcare costs throughout the year. In addition to traditional FSAs, we offer accounts for dependent care and limited purpose expenses to round out your benefits package.

Talk to us today about how you can help your employees benefit even more.

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Learn About FSAs

Omnify Accounts

Benefit accounts that keep your employees happy

COBRA administration

A federal program requiring employers to offer temporary continuation of healthcare benefits for employees following a termination or reduction in hours.

Health savings account (HSA)

Personal savings accounts used to pay for medical, dental, vision, and other qualified expenses pre-tax. Funds roll over year to year. Member FDIC.

Flexible spending account (FSA)

Employer-sponsored accounts that let employees set aside money tax-free for out-of-pocket healthcare expenses. Funds are “use it or lose it.”

Lifestyle spending account (LSA)

An employer-funded, fully customizable, post-tax benefit designed to promote healthy habits and overall well-being.

The Omnify difference

One platform to administer

We offer full support for HSAs, FSAs, LPFSAs, DCFSAs, lifestyle and wellness accounts, COBRA administration, and 125 Cafeteria Plan document creation from one central provider.

One service team

Get support from experts who know employee benefits inside and out — real people, with real answers, in real time.

One online and mobile experience

We make it easy for your employees to view and manage their health savings accounts from anywhere.

One benefit card

All accounts and funds are on a stacked card, and our intelligent platform categorizes charges accordingly.

COBRA Administration

Let Omnify take the guesswork out of COBRA coverage

Thanks to the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985, most companies are required to offer temporary continuation of health coverage to covered employees and their dependents following a termination or reduction in hours. If managing your COBRA benefits has you feeling overwhelmed, we have you covered. Click through to learn more about our COBRA services and how we can help you stay in compliance.

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A sheet of paper about COBRA administration laying on a table

Our team is available to answer questions, solve problems, and help you make the most of your benefits package. Because at Omnify, your benefits have people — real people (like Andrea!) who are there when you need us.

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Frequently Asked Questions

Are an employer’s contributions to an HSA treated as a deductible health care expenses?

The tax treatment of employer HSA contributions depends on how the business is incorporated. For sole proprietors, partnerships, and S-corporations, contributions to a partner’s HSA will be treated as a distribution to the partner and included in the partner’s income and may be deductible by the partner but not by the business (see IRS Notice 2005-8 for treatment of HSA contributions in exchange for guaranteed payments of services rendered for partners and two percent shareholder employees of S-corporations). For larger corporations, employer contributions are treated as employer-provided coverage for medical expenses under an accident or health plan.

May an employer fully fund the employee’s HSA at the beginning of the year?

Does an employer have to make contributions to an employee’s HSA?

Do employees get a tax benefit from an HSA?

Employee contributions to an HSA can be made by payroll deductions or personal deposits. When an employee makes contributions through a payroll deduction and is ran through a Section 125 plan (also called a salary reduction or cafeteria plan) these dollar are pre-tax, including social security tax. If employees make personal deposits into their HSA it is on a post tax basis. The amount can be deducted from their taxable income but they will not recover the social security tax.

Is this really less expensive for the business?

What is a Health Savings Account (HSA)?

A Health Savings Account (HSA) is a tax-advantaged benefit account that allows you to save and pay for qualified medical expenses.

Unused HSA dollars roll over from year to year, making HSAs a convenient and easy way to save and invest for future medical expenses. Employee’s own their HSA at all times and can take it with them when they change medical plans, change jobs or retire.

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