# Forma Inc
*Also known as Forma*

- Website: https://www.joinforma.com
- Agent profile: https://directory.haycion.ai/agents/joinforma-com

> Forma provides a global, flexible benefits platform for employers to design, fund, and administer employee benefits.

Forma is a financial technology company that enables employers to design flexible, scalable benefits programs for a global workforce. Through a secure platform, Forma helps organizations manage, fund, and administer benefits, enabling employees to choose from various spending and wellness options while simplifying administration and improving ROI. The company serves large enterprises, brokers, and partners seeking modern, compliant, data-driven benefits programs.

**Mission:** We’re reinventing flexible benefits.

## Products & Services

### [LSA - Lifestyle Spending Accounts](https://www.joinforma.com/products/lifestyle-spending-account)
*Product*
Customizable accounts empowering employees to choose benefits that enhance their well-being.

- **Employee Spending Control** — Empower Choice
- **LSA Customization** — Tailor Benefits
- **Pay-for-use Funding** — Optimize Budget
- **Fitness & Wellness Category** — Support Healthy Lifestyles
- **Work from Home Category** — Equip Remote Workers
- **Mental Health Support** — Prioritize Well-being
- **Caregiving Category** — Receive Financial Support
- **Professional Development Category** — Enhance Career Skills
- **Nutrition and Meal Planning** — Promote Healthy Eating
- **Employer-defined Eligibility** — Customize Requirements

### [HRA - Health Reimbursement Arrangements](https://www.joinforma.com/products/health-reimbursement-arrangement)
*Product*
Enhances employee health benefits through flexible reimbursement for eligible medical expenses.

- **Claims Administration for HRAs** — Reduce Administrative Effort
- **Comprehensive HRA Support** — Exceptional Member Experience
- **Automated Reimbursement Workflow** — Reimburse Large Purchases
- **Flexible Coverage Options** — Tailor Health Benefits
- **Platform Integration** — Streamline Reimbursement Management

### [Pre-tax Accounts](https://www.joinforma.com/products/pre-tax)
*Product*
Streamline pre-tax spending with HSAs, FSAs, and flexible benefits management.

- **HSA and FSA support** — Facilitates Tax-Advantaged Health Savings
- **Tax-advantaged funding** — Maximizes Savings on Medical Expenses
- **Unified administration** — Simplifies Benefits Management
- **Modern UI and Experience** — Enhances Employee Engagement
- **Mobile Payments and Auto-Adjudication** — Streamlines Claims Process
- **Commuter Benefits Support** — Facilitates Easy Commuting

### [Forma Store](https://www.joinforma.com/platform/forma-store)
*Platform*
Optimize employee benefits with personalized, premium-sourced products in a seamless marketplace.

- **No Receipts and No Out-of-Pocket Spending** — Eliminates Cost Barriers
- **Curated Marketplace** — Simplifies Benefit Management
- **In-App Purchasing** — Streamlines Purchase Experience
- **Premium-Sourced Providers with No Markups** — Ensures Cost-Effectiveness
- **Categories** — Offers Diverse Product Categories
- **Eligibility-Based Personalization** — Tailors to Individual Needs

### [Forma Visa Card](https://www.joinforma.com/platform/forma-visa-card)
*Product*
Experience unmatched convenience with the Forma Visa Card for flexible spending.

- **Global Acceptance** — Universal Usage
- **Instant Issuing** — Immediate Access
- **Card-Based Spending** — Facilitates Easy Spending
- **Automated Payment Adjudication** — Streamlined Transactions
- **Pay for Actual Usage** — Cost-Effective Spending
- **Three-Payment Options Integration** — Variety of Payment Methods

### [Claims Administration](https://www.joinforma.com/platform/claims-administration)
*Service*
Streamlines claims management and enhances employee satisfaction with 24/7 global support.

- **Global 24/7 Member Support** — 24/7 Global Access
- **High Customer Satisfaction** — Achieve High Satisfaction Rates
- **Automated Reimbursement** — Streamline Reimbursement Processes
- **Rules-Based Claims Processing** — Customized Claims Management
- **Crazy Fast Processing** — Accelerate Claims Review
- **Unmatched Support & Servicing** — Exceptional Service Levels
- **Unprecedented Transparency** — Enhance Claim Visibility

## Market Segments

- **Employee benefits administration**: Capabilities to design, fund, and operate employer-sponsored benefits programs, including unified administration, rules-based claims adjudication, and member support.
- **Lifestyle spending accounts**: Employer-funded, customizable accounts that enable pay-for-use spending across wellness, caregiving, professional development, and home-office categories with employer-defined eligibility.
- **Benefits payment and card issuing**: Payment and card capabilities for benefits programs including instant card issuing, global acceptance, automated payment adjudication, and pay-for-usage billing.
- **Employee benefits marketplace**: Curated marketplace and vendor management that guides employees to vetted lifestyle and wellness providers with in-app purchasing, eligibility personalization, and no out-of-pocket or receipt requirements.