UnitedHealthcare Unveils Employer-Sponsored Lifestyle Spending Accounts With Digital Storefront

UnitedHealthcare is launching Lifestyle Spending Accounts (LSA) as an employer-sponsored, post-tax benefit. It provides a flexible stipend to fund purchases of goods and services to support health and wellness goals. The LSA benefit is integrated with the members-only UHC Store, where members can shop for lifestyle products and services. The LSA is available to more than 15 million UnitedHealthcare commercial members.    

Unlike traditional health savings accounts (HSAs) or flexible savings accounts (FSAs), LSAs cover products and services that complement employer-sponsored benefits. The LSA transactions are handled at the point of purchase within the UHC Store. There . . .