Overview
The Ease and Clarity Benefit Solutions partnership offers you access to Clarity’s full suite of programs and tools, including HSA, FSA, HRA, COBRA, and more. Clarity Benefit Solutions allows you to go above and beyond to help address the new realities in employee benefits, providing more value to your clients’ businesses.
Product Features
- Accelerated funding
Built for unpredictability, the Clarity HSA offers an on-demand, interest-free payroll advances to cover unexpected healthcare costs, so employees aren’t just covered — they’re confident they can keep expenses under control.
- More HSA Investment Options
Clarity Benefit Solutions delivers a new and modern approach to HSA investing that allows your employees to personalize their investment journey to fit their unique needs and experience level. With the WealthCare Saver investment solution, your employees can choose from three different investment models — managed, self-directed and a first-of-its-kind brokerage option — all of which are designed to help them work toward their long-term investing goals. Best of all, it’s fully integrated with a Clarity HSA, meaning your employees can manage all aspects of their HSA, including their investments, from a single portal.
- Flexible HRA Plan Design
The Clarity HRA is built to be flexible — the dollar amount and payment schedule are customized to the individual plan. Clarity will work closely with you to determine the plan design that works best for your clients and their employees such as split copay HRAs. Then throughout the plan year, we provide online tools to monitor the effectiveness of the program.
- Flexible Commute Options
Clarity SmartRide gives employees money-saving options nationwide, allowing them to reduce their outlay for public transportation, parking, and even popular rideshare platforms like Uber and Lyft. Employees also have the flexibility to start, stop, or change their elections on a monthly basis, and unused funds carry over from month-to-month. Clarity SmartRide can also integrate with benefits administration and payroll systems to allow participants the flexibility to make changes to their contributions throughout the year.
- Automated COBRA Compliance
COBRA requirements are much more complicated than many employers realize. Violations cause costly penalties and liabilities. ERISA regulations also now allow for personal liability to be imposed on the employer for COBRA violations. Our web-based solution integrates with most payroll and benefits administration platforms, automating required notifications and minimizing the risk of penalties.
- Cost-Saving Compliance
Clarity is here to do the heavy lifting for you, helping to minimize risk with expert support, innovative software, and a 24/7 compliance portal. Our support and technology can help you avoid costly penalties, which may range from $110 to more than $2,194 for each day a single plan is in violation.
- Automated Documentation
We automate the creation of your wrap plan document and summary plan description (SPD), so you have a single, up-to-date source document for all benefit plans subject to ERISA.
- Clarity Benefit Card
The Clarity Benefit Card gives employees easy access to all of their Clarity accounts by swiping the card at the point of sale. The card can be used at any qualified service provider that accepts MasterCard. The Clarity Benefit card is also programmed to work anywhere you pay for mass transit, parking, or rideshare programs. These solutions are available however and whenever you want them with 24/7 web and mobile access.
- Easy Reimbursement with the Clarity Benefit Card, mobile app, and online bill pay.
How to Activate
To get started, visit the Clarity Benefit Solutions in your broker marketplace.
Locate Clarity Benefit Solutions in the Third Party Administrators Category.
Click on the Clarity Benefits Solutions Tile and Enable for the broker portal and Individual company portals.
Complete the setup wizard in the company portals.
