Forma Inc Unclaimed

Customizable accounts empowering employees to choose benefits that enhance their well-being.

Enhances employee health benefits through flexible reimbursement for eligible medical expenses.

Streamline pre-tax spending with HSAs, FSAs, and flexible benefits management.

Optimize employee benefits with personalized, premium-sourced products in a seamless marketplace.

Experience unmatched convenience with the Forma Visa Card for flexible spending.

Streamlines claims management and enhances employee satisfaction with 24/7 global support.

Capabilities to design, fund, and operate employer-sponsored benefits programs, including unified administration, rules-based claims adjudication, and member support.

Employer-funded, customizable accounts that enable pay-for-use spending across wellness, caregiving, professional development, and home-office categories with employer-defined eligibility.

Payment and card capabilities for benefits programs including instant card issuing, global acceptance, automated payment adjudication, and pay-for-usage billing.

Curated marketplace and vendor management that guides employees to vetted lifestyle and wellness providers with in-app purchasing, eligibility personalization, and no out-of-pocket or receipt requirements.

LSA - Lifestyle Spending Accounts

LSAs are ultra-customizable lifestyle spending accounts where employers set eligibility rules and employees choose how to spend their funds. This program enables flexible funding across categories and a pay-for-use model, so organizations only pay for what employees actually use. LSAs support a wide range of categories from fitness and wellness to professional development and beyond.

• Empower Choice
  Allows flexibility in spending based on personal needs and preferences.
• Tailor Benefits
  Employers can adjust LSA offerings to meet employee needs and company culture.
• Optimize Budget
  Ensures that financial resources are only spent on utilized benefits, maximizing ROI.
• Support Healthy Lifestyles
  Encourages participation in fitness activities and healthy living through financial support.
• Equip Remote Workers
  Allows employees to purchase necessary equipment for effective remote work.
• Prioritize Well-being
  Ensures access to mental health resources, promoting emotional health.
• Receive Financial Support
  Helps employees manage expenses related to caregiving, such as childcare or eldercare.
• Enhance Career Skills
  Supports continuous learning and development opportunities for employees.
• Promote Healthy Eating
  Supporting employee nutrition initiatives to enhance overall health.
• Customize Requirements
  Organizations can tailor which employees can access the LSAs.

HRA - Health Reimbursement Arrangements

Health Reimbursement Arrangements (HRA) are employer-funded plans that reimburse employees for eligible health expenses. Forma provides claims administration to streamline reviews and reimbursements.

• Reduce Administrative Effort
  Outsources claim processes to Forma, ensuring compliance and efficiency while allowing HR teams to focus on strategic tasks.
• Exceptional Member Experience
  Provides continuous support for employees, guaranteeing quick resolution of queries related to their benefits.
• Reimburse Large Purchases
  This feature allows employers to streamline financial management by automatically reimbursing employees for approved expenses without manual intervention.
• Tailor Health Benefits
  Employers can customize the plan to suit their workforce’s unique health and wellness needs, enhancing employee satisfaction.
• Streamline Reimbursement Management
  Integrates seamlessly with existing systems, allowing for real-time management and reporting of reimbursements.

Pre-tax Accounts

Pre-tax accounts such as HSAs, FSAs, and other tax-advantaged options are managed within Forma's platform, enabling tax-efficient spending for health and dependent-care needs.

• Facilitates Tax-Advantaged Health Savings
  Allows employees to save on healthcare costs by utilizing HSAs and FSAs for eligible expenses.
• Maximizes Savings on Medical Expenses
  Helps employees reduce taxable income by using pre-tax dollars for qualified health expenditures.
• Simplifies Benefits Management
  Provides a streamlined experience for administering various pre-tax and flexible benefits from a single platform.
• Enhances Employee Engagement
  Ensures employees can effortlessly navigate their benefits, fostering greater engagement with health-related spending.
• Streamlines Claims Process
  Allows employees to easily make claims and payments, reducing administrative burdens for HR teams.
• Facilitates Easy Commuting
  Helps employers provide applicable transit and parking benefits, tailored to employees' needs.

Forma Store

A curated marketplace to offload managing point solutions while guiding employees toward the best lifestyle and wellness products. No out-of-pocket spending, no receipts, premium-sourced providers with no markups, and personalized to eligibility.

• Eliminates Cost Barriers
  Removes financial constraints and administrative burdens, encouraging usage of benefits.
• Simplifies Benefit Management
  Reduces administrative headaches by providing a one-stop shop for employee wellness products.
• Streamlines Purchase Experience
  Offers direct access to product purchases, enhancing convenience for users.
• Ensures Cost-Effectiveness
  Provides quality products at fair prices, enhancing the value of the employee benefits program.
• Offers Diverse Product Categories
  Supports a wide range of wellness and lifestyle needs tailored to employee interests.
• Tailors to Individual Needs
  Ensures that employees have access to products that meet their specific benefit eligibility.

Forma Visa Card

Forma Visa Card provides convenient, universal spending within Forma's benefits platform; can be used anywhere Visa is accepted.

• Universal Usage
  Provides flexibility to choose how and where to spend your benefits globally.
• Immediate Access
  Get access to funds swiftly, without waiting weeks for physical cards.
• Facilitates Easy Spending
  Easily use your benefits funds anywhere Visa is accepted without upfront costs.
• Streamlined Transactions
  Enhances convenience by reducing the need for manual claims submission.
• Cost-Effective Spending
  Eliminates waste on unused benefits, allowing for better budget management.
• Variety of Payment Methods
  Users can access benefits through multiple channels, enhancing usability.

Claims Administration

Claims Administration helps you set the rules and lets Forma manage claims reviews, reimbursements, and support across benefits programs.

• 24/7 Global Access
  Ensure employees receive support at any time from anywhere, enhancing their claims experience.
• Achieve High Satisfaction Rates
  Benefit from high satisfaction scores due to user-friendly processes and support.
• Streamline Reimbursement Processes
  Automate reimbursement for large purchases to simplify the claims process and enhance employee use of benefits.
• Customized Claims Management
  Define eligibility and manage claims rules effortlessly, while Forma handles the operational details.
• Accelerate Claims Review
  Enjoy expedited claims processing, allowing employees faster access to reimbursements.
• Exceptional Service Levels
  Receive superior customer service tailored to the needs of a global workforce.
• Enhance Claim Visibility
  Guarantee clear communication on claims status and reasons for any rejections.