Forma
19 Case Studies
A Forma Case Study
Rev, a speech-to-text company, sought to provide innovative and comprehensive wellness benefits to its diverse workforce while optimizing spend and reducing administrative burdens. Their previous approach lacked flexibility and options. Partnering with Forma, Rev implemented a Lifestyle Spending Account (LSA) to address these challenges.
Forma's LSA solution provided a customizable and all-inclusive wellness benefit, consolidated administration, and offered employees a physical card for spending. The program achieved an 84% engagement rate and a 99% claim approval rate. This led to significant cost-efficiency, enhanced employee satisfaction, and proved to be a valuable recruitment and retention tool for Rev.