Complete Customization with a Difference Card Lifestyle Spending Account
One way to use a Lifestyle Spending Account is to create a Medical Expense Travel Plan that would allow employers to fund travel expenses for a variety of medical needs.
Sample Client Medical Expense Travel Plan:
- $4,000 per year limit on eligible expenses for employee and dependents
- Reimbursement structured for travel and lodging expense related to healthcare treatments conducted more than 100 miles from the employee’s home
- Eligible expenses include fuel, parking, tolls, lodging, meals, telephone charges, plane, train, and ride sharing services
- Travel related to health care treatments including cancer, organ transplants at centers of excellence, reproductive healthcare, abortion, and mental health hospital admissions.
This is simply an example of how an employer could design a Medical Travel Expense Plan. The perks of a Lifestyle Spending Account is that the employer can design it any manner that suits their employees and company culture.
