Your life changes. Your benefits should, too.
A more flexible approach to benefits that gives people greater choice in how they care for themselves and the people who depend on them.
Why a Care Wallet?
Employers invest in benefits to support their people. But employees may not know what is available, may not need what is offered, or may struggle to access the support that matters most to them. A benefit can be valuable at one stage of life and irrelevant at another.
Employers fund the wallet and define eligible uses. Employees decide how to use those dollars based on their individual needs, whether that means childcare, support for an aging parent, or their own well-being. As life changes, their choices can change with it.
The goal is simple: make the investment employers already make in their people more useful to the people receiving it.
As The Female Quotient’s qualified implementation partner, Forma can provide the technology and operational infrastructure required to configure and deliver flexible care models across participating employers and markets.
Care is part of everyday life
It is also part of what makes work possible. Access to the right support can shape someone’s ability to enter the workforce, stay, and advance.
See how a Care Wallet could work for your people
Five key questions to ask as you design personalized, inclusive caregiving support
The Care Wallet helps employers design support around the realities of their workforce, giving people access to care that meets their needs at every chapter of life.
Do employees know what is available and where to go when they need support?
What are employees actually using, and what prevents them from using valuable benefits?
Which benefits matter most, including protections they may rarely need but deeply value?
What would employees keep, redesign or exchange for greater flexibility?
What support is missing that could help people work, stay committed, and advance?
When women have support for the care responsibilities in their lives, they have more opportunity to participate, lead and grow in the workforce. Our Care Wallet with Forma puts choice in people’s hands, helping employers turn benefits into meaningful support for the lives employees actually lead. This is how we turn a commitment to women’s economic opportunity into action.
Care looks different for everyone
Employers set the funding and eligible spending categories. Employees choose the support that fits their lives.
Childcare
With Forma, employees can access childcare support through a Care Wallet and choose the daycare centers, backup care services, or providers their family already relies on.
Adult & eldercare
Forma enables employers to support eldercare and adult dependent care, covering home health aides, adult day services, assisted living costs, and more. Employees get help to cover costs with providers they trust.
Pet care
Pet care can be added as a standalone wallet or a covered category within a comprehensive care benefit. Where included, employees can use their benefit toward eligible vet visits, boarding, grooming, pet food, and more.
Well-being
Employees can choose how they use their benefit funds for support across physical, mental, social, and financial well-being.
One wallet. More choice.
One employee may need childcare. Another may need help caring for a parent. Someone else may prioritize their own well-being.
Curious how to design a choice-based benefit program that supports your people at every life stage?
Connect with our team to begin building your Care Wallet.
Put the Care Wallet into practice
Understand employees’ needs, experiences, and priorities.
Preserve essential protections and benefits people value.
Make useful benefits easier to find and access.
Identify overlapping programs and unnecessary complexity.
Explore where underused discretionary spending could fund greater choice.
Test the Care Wallet with a defined employee group.
Evaluate participation, employee experience, utilization, and business outcomes.
Employers can use the pilot to track participation, employee experience, utilization, productivity, retention, and return on investment.
Designed around people.
Built to work for employers.
Together, we help employers turn insight into action and give employees more choice in the support they receive.
The Female Quotient brings the vision and framework for designing benefits around people’s lives.
Forma provides the technology and operational support to put that framework into practice.
