At Cardenas Insurance Services, Inc we understand that each employer has their own benefit philosophy. We will development a strategy and design using the various account types to keep your benefits affordable, along with easy administration.

Mange your benefit dollars through flexible, tax advantage medical spending and savings accounts, including Health Savings Accounts (HSA), Flexible Savings Accounts (FSA), and Health Reimbursement Arrangements (HRAs).

We can work with you on a range of offerings, including:

  • Strategy and design
  • Account types
    • Health savings accounts — HSAs deliver significant tax and retirement savings opportunities to your employees. HSAs are owned and managed by employees so they can determine, over time, how and when to spend (or save) their health care dollars.
    • Health care flexible spending accounts — HCFSAs provide a tax-free way for employees to set aside money for medical, dental, vision and prescription expenses not covered by their health plan. FSAs can be standard or limited purpose for pairing with an HSA.
    • Health reimbursement arrangements — HRAs give employees and retirees a tax-advantaged way to pay for expenses not covered by their health plan. An HRA is funded solely by the employer or plan sponsor.
    • Dependent care flexible spending accounts —DCFSAs provide employees with tax-preferred options for managing care for children and dependent adults.
    • Limited purpose flexible spending account — LPFSAs is a type of flexible spending account that only reimburses employees for eligible dental and vision expenses.
  • Reporting and data analytics