CoPower Financial Overview

As part of the LISI family of companies, CoPower Financial has the support of LISI’s strong foundation for broker advocacy and long-standing carrier relationships, helping us to understand the needs of brokers and employers and respond quickly to market innovations and changes.

CoPower Financial understands how to make complex products simple. We help employers identify their needs, matching them with the products that are best suited for their employees and their business needs. Our administration and support also simplifies the enrollment process for employees.

CoPower Financial offers:

Excellent customer service.

We provide employers with a dedicated customer service staff who is familiar with their specific needs. Our knowledgeable staff can answer any FlexOptions questions.

Innovative pretax funding plans.

Pretax funding plans save taxes for both employers and employees.

Online access to account information.

Easy 24/7 online access to our secure member site means less paperwork and fewer calls from employees regarding their accounts. This creates cost savings and reduces your administrative burdens.

Choice of reimbursement.

For out-of-pocket expenses, employees can choose to be reimbursed by check or direct deposit. Employees have the added convenience of paying their provider directly with the CoPower prepaid card, or check, if enrolled in an HSA.

Latest prepaid card technology—one prepaid card for all products!

Eliminate the hassle of reimbursement with a CoPower Financial prepaid card. It conveniently pays qualified dependent care, parking fees, prescriptions, office visit co-pays, and other health care services directly from the Health Saving Account or Dependent Care Assistance Program to the service provider, virtually eliminating reimbursement waiting periods. Our card can be used for all CoPower Financial transactions. Use your CoPower prepaid card to pay for expenses at any qualified location where MasterCard is accepted.

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