Flex — an HSA and FSA growth platform for health and wellness brands — has partnered with JOON, a modern employee benefits platform that powers Lifestyle Spending Accounts for employers nationwide. The goal of this partnership is to integrate Flex’s HSA and FSA marketplace directly into JOON’s system, which will allow employees enrolled through JOON to seamlessly discover and purchase eligible health and wellness products using their pre-tax savings dollars alongside their existing employer-funded benefits.
Flex’s integration with the modern employee benefits platform brings together two complementary approaches. JOON manages employer-funded LSAs that give employees flexible spending for lifestyle and wellness needs, while Flex handles HSA and FSA spending, which are pre-tax, employee-owned dollars that can be used on a wide range of health and wellness purchases.
The curated catalog available through the integration spans fitness programs, wearables, women’s health, sleep, recovery, and more. The modern employee benefits platform handles eligibility determination, compliance, and payment infrastructure behind the scenes.
Image Credit: Flex x Joon