Find Eligible Expenses in a haystack and optimize healthcare spending, with Expense Scout
- Lively
- 1 min read
Introducing Expense Scout, an automated reimbursement feature, and smart alternative to digging for crumpled receipts or combing through old credit card statements.
Enhanced Reimbursement Experience
Today’s vast payment landscape allows employees to make monetary transactions in a variety of ways. However, the hidden cost of this flexibility may be missed opportunities for reimbursement on HSA-eligible expenses.
Whether an employee forgot their HSA debit card, preferred to use their rewards card, or simply didn’t know an expense was HSA-eligible, the end result is the same: spend extra time and energy to submit a manual submission, or miss out on the savings altogether.
Lively is committed to helping employees optimize healthcare spending. In addition to our intuitive expense submission and reimbursable bank features, we have enhanced the process with “Expense Scout,” which proactively surfaces eligible expenses for reimbursement that may otherwise be overlooked.
How It Works
Expense Scout is an optional feature and can be set up in a few quick steps within the Lively platform:
- Employee securely links external accounts they’d like to be reviewed
- Lively automatically identifies potential eligible expenses and presents them for confirmation
- Employee reviews each expense and has the option to reject or easily submit for reimbursement
Pay With Confidence
There are many things employees cannot control when it comes to healthcare spending. But with Lively, employees have the freedom to pay for their healthcare in the manner of their choosing, and the confidence of knowing they are maximizing the benefits of their HSA.
Read more by Lively
Lively is the modern HSA experience built for—and by—those seeking stability in the ever-shifting healthcare landscape. By harnessing modern innovation and deep industry expertise, Lively is committed to bridging today’s savings with tomorrow’s unknowns. Unlike traditional institutions hindered by bureaucracy, Lively’s commitment extends beyond initial set up to providing dedicated, ongoing support and education for every step. So each HSA can reach its maximum potential with minimal headache.
Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.