Flexible Spending Accounts

The Flexible Spending Account (FSA) program allows benefits-eligible employees (20+ hours per week)  to set aside money from their paychecks on a pre-tax basis to put towards eligible medical or dependent care expenses. Our FSA plan year runs from July 1st through June 30th. 

You can use your FSA Health Care funds to pay for health insurance deductibles and co-pays with our low deductible HMO plans.  You can have a Dependent Care Account regardless of your health insurance plan.  You can not have an FSA Health Care account if you are opening an HSA (Health Savings Account).

Health Care: Maximum Annual Health Care Election: $3,050
Eligible expenses and services include: non-cosmetic medical, dental, and vision care services; prescription medications; over-the-counter ‘medicines’ (not vitamins or supplements); orthodontics, prescription eyeglasses, contact lenses, laser eye surgery; mental health services; alternative health therapies (e.g. chiropractic, acupuncture), and MORE!

Dependent Care: Maximum Annual Dependent Care Election: $5,000 per family
For dependent children under age 13, elderly dependents, and dependents with special needs. Eligible expenses include daycare, pre-school, before/after school care, day camp, elder daycare.