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Flexible Spending Account Management Services


ProcurementIQ’s Flexible Spending Account Management Services procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Flexible Spending Account Management Services to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Flexible Spending Account Management Services - Recent Price Trend

In the three years to 2018, the price of FSA management services has been increasing at an estimated annualized rate of 1.5%. Despite an upturn in demand, strong competition among service providers has moderated growth in prices. Moreover, rates for services have increased steadily year over year, engendering a stable purchasing process for buyers. Overall, low price volatility has allowed buyers.

Flexible Spending Account Management Services - Total Cost of Ownership

The total cost of ownership for FSA management services is low, whereby buyers can expect to pay less than 50.0% of the benchmark price per year for additional fees. There are few hidden costs associated with FSA management services. In fact, employers that offer FSAs to their employees may receive money in forfeitures, helping to lower the total cost of ownership. If an employee does.

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About this Report

This report is intended to assist buyers of flexible spending account (FSA) management services. An FSA is a fund set aside on a pretax basis for an employee to use toward qualifying healthcare or dependent care expenses. Suppliers oversee the development and administration of an employer's FSA program. Key buyers of FSA management services include financial institutions, government agencies and manufacturers. Key suppliers are heath insurance providers and human resource outsourcing service providersThis report does not include health savings account management services or health reimbursement account management services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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