Flexible Spending Account Administration

WestLake Financial Group, Inc. provides full-service health care, dependent care, transit and parking flexible spending account administration services, including:

• Claims payment determination and adjudication
• Participant statement preparation and fulfillment
• Payment summary reporting
• Guaranteed 3 day turnaround for claims processing (backlog goal is 1 day)
• Daily claims payment release

Online State-of-the-Art FSA Technology

• Accessible through BenefitsTalk™
• Online enrollment capabilities available at no cost
• Single sign-on with Metavante
• Claims submission via customized website
• View claims paid
• View current elections and up-to-date balances for accounts
• Financial modeling tools to estimate expenses and tax savings

Flexible Reimbursement Options Available

• Paper Check
• Direct Deposit
• Debit Card

Flexible Funding Options Available

• Funds deposited/wired on a per pay cycle basis
• As claims are processed
• WestLake will provide a dedicated FSA claims account, if preferred