A Lifestyle Spending Account helps organizations manage employee benefits by providing a one-time or recurring stipend. Employees earn credit by engaging in a wellness program and redeem funds in a virtual marketplace or by requesting reimbursement for eligible expenses.
Elevate the relationship between wellness program engagement and rewards with a Lifestyle Spending Account. You set the budget and funding frequency to incentivize participation in an ongoing wellness program. Employees access their Lifestyle Spending Account through a direct integration between Wellable's Wellness Platform and ThrivePass.
A Lifestyle Spending Account makes it easy for employees to submit requests for reimbursement. ThrivePass verifies and approves the reimbursements, so you don't have to. Employees answer questions and submit receipts to get reimbursed via direct deposit, PayPal, or gift cards. Currency conversions are available for employees outside the U.S.
Employers can choose from over 100 spending categories to customize the expenses that are eligible for reimbursement. Popular options include gym memberships, family support, travel, charitable contributions, home office equipment, and more.
Online shopping experience that allows employees to spend their funds on services, products, digital apps, and other popular brands. Employees get access to special promotions, discounted offerings, and early product releases. Employers get access to reporting that provides insight into employee engagement and trends in spending categories.
