Walgreens and Bilt Partner to Streamline FSA and HSA Spending
New program enables automatic application of health savings accounts to eligible purchases, enhancing customer convenience and rewards.
- Customers can now link FSA and HSA accounts to the Bilt app for seamless refunds on qualified purchases at Walgreens.
- The partnership aims to reduce the $4 billion in unspent FSA funds annually by simplifying the spending process.
- Bilt members earn additional rewards points on Walgreens purchases, including prescriptions and store-branded items.
- The initiative is part of Bilt's broader strategy to integrate health care benefits into its loyalty program.
- Walgreens sees this collaboration as a way to build lasting relationships with customers in transitional life phases.