Fargo, ND, August 22, 2018 --(PR.com
)-- Discovery Benefits
, an industry-leading administrator of Health Savings Accounts, Flexible Spending Accounts, Health Reimbursement Arrangements, Commuter Benefits and COBRA coverage, recently released updates to its Benefits Mobile App to make it easier for participants to get more out of their pre-tax benefits plans.
Among the exciting features added to the Benefits Mobile App by Discovery Benefits is the eligible expense scanner, which enables participants to use their phone’s camera to scan the bar code of an item. After the item is scanned, the app lets the participant know if the item is an IRS Code Section 213(d) eligible expense, which means it is eligible to be purchased with funds from an HSA, FSA and some HRAs.
The Benefits Mobile App also includes more detail for participants who invest HSA funds. Through the Benefits Mobile App, participants can now view investment detail and performance including current and beginning investment balance, investment allocations, recent investment activity, rate of return, and charts summarizing this information.
The app’s redesigned “I Want To” menu puts a number of popular functions just one tap away, including making an HSA transaction, managing expenses and more.
“With so many people becoming mobile-only internet users, it’s important to provide a mobile app that aligns with the experience participants have when on a computer,” said Jonas Sauve, Director of Product Management for Discovery Benefits. “The updates available in the Benefits Mobile App reduce participant questions about the eligibility of expenses, while giving them an improved user experience through an updated design, making it easier to manage their benefits and monitor their HSA investments.”
Discovery Benefits is a national leader in employee benefits administration founded in 1987. The company provides administration of health savings accounts, flexible benefits, COBRA, commuter benefits and health reimbursement arrangements and has a presence in all 50 states. Its mission is transforming the complexity of employee benefits administration with innovative solutions and extraordinary customer service delivered by empowered and knowledgeable employees. Discovery Benefits has been awarded Business Insurance’s Best Places to Work for eight consecutive years and has been ranked on Inc. 5000’s list of fastest-growing private companies in America for the past six years. The company’s offices are located in Fargo, N.D. and Brookings, S.D.