Simplifying FSA/HSA Reimbursements: Silver’s Journey with FlutterFlow
“FlutterFlow helped us iterate very quickly... We hired multiple engineers to build the edge function backend but I was able to keep up with them on the front-end development.”
— Dan Somrack, Co-Founder of Silver
Getting Started
Silver was created to simplify the often frustrating process of managing Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA). Co-founders Dan Somrak and Oded Shekel, both former Microsoft product managers, were motivated to develop Silver after Oded’s wife struggled with insurance paperwork. Recognizing that billions of dollars in FSA funds go unclaimed each year, they saw an opportunity to automate the process and reclaim these funds efficiently.
Choosing FlutterFlow
Somrack chose to build Silver on FlutterFlow so that it could be built and tested rapidly. Within two months of being developed on FlutterFlow, Silver was being tested by friends and family. This phase was crucial for identifying bugs and gathering feedback. Over the next four months, the team refined the user experience, expanded their network of retailers and FSA/HSA providers, and enhanced features.
Building With FlutterFlow
Silver automates the process of claiming FSA/HSA reimbursements:
- Account Setup and Retailer Selection: Users indicate their FSA or HSA status and select frequently used retailers like Amazon and Walgreens.
- Receipt Collection via Chrome Extension: Silver scans purchase history to identify eligible medical expenses.
- Eligibility Identification: Algorithms uncover eligible purchases, often revealing hidden savings.
- Automated Claim Processing: Silver compiles and submits the necessary claim paperwork automatically.
"What we also liked about FlutterFlow was that we could always export the code into Flutter and we could keep it going as we scaled, which we didn't see with other platforms" -Dan Somrack, Silver Founder
Silver showcases FlutterFlow’s adaptability in complex app development. The team used custom components and functions, integrating a Chrome Extension that communicated seamlessly with the app. Supabase was also integrated for backend services, ensuring smooth operation.
Value Realized
Silver addresses the $4 billion lost annually in FSA funds, identifying an average of $330 per person in eligible purchases. The app significantly enhances users' financial health by automating FSA/HSA reimbursements, demonstrating the power of FlutterFlow in solving real-world problems.