When you think about wellness, what comes to mind? Staying active is only one piece of the puzzle. Supporting employee well-being can include everything from fitness and nutrition to mental well-being and opportunities to recharge. This National Wellness Month, consider how a Lifestyle Spending Account (LSA) could add another tool to your organization’s wellness offerings.
How can a Lifestyle Spending Account Support Employee Wellness?
A Lifestyle Account can make investing in well-being a little easier. Whether the goal is staying active, building healthy habits, or making more time to recharge, this employer-sponsored benefit can help offset the cost of eligible wellness expenses. Depending on the plan, a wellness toolkit may include:
- Fitness & Activity Support: Sports apparel, exercise equipment, fitness trackers, and gym memberships
- Education & Family Assistance: Schools and universities, educational programs, vocational training, and childcare
- Financial Tools: Financial planning services, student loan repayment assistance, and tax preparation and debt counseling
- Self-Care Services: Spa treatments (excluding massages)
An effective wellness benefit should provide meaningful support without adding unnecessary complexity. With Medcom’s Lifestyle Account, employers have the flexibility to choose which wellness expenses to cover, while employees have a convenient way to access their benefit. Eligible expenses can be submitted through the WealthCare Portal or the Medcom Mobile app, with claims processed within two business days. It’s a practical way to turn wellness support into a benefit employees can actually use.
National Wellness Month may only last through August, but supporting healthier habits doesn’t have to. With the right tools in place, wellness can become a benefit employees can keep using year-round.
