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FLEXIBLE SPENDING ACCOUNTS
FAQ's
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Do the Healthcare FSA, Day Care FSA, Limited Purpose FSA, and HSA funds roll over from year to year?
In accordance with IRS regulations, members must actively enroll each year to participate in the Healthcare FSA, Day Care FSA, Limited Purpose FSA, and HSA. Employees may enroll during the Annual Enrollment period for the upcoming year or following a qualifying life event.
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Over-the-Counter (OTC) Drugs and Medicines without Prescription (section 3702)
This section includes the following two provisions. These OTC changes are effective for expenses incurred after December 31, 2019. These provisions don’t have an expiration date.
- This law allows patients to use Health Savings Account (HSA), Heath Reimbursement Arrangements (HRA) and Flexible Spending Accounts (FSA) funds to purchase over-the-counter (OTC) drugs and medicines without a prescription from a physician.
- This law also adds feminine hygiene products to the list of eligible over-the-counter items.
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You may have money left in your FSA! Don't forget to use your funds and submit eligible claims. For details, view this PDF.
The simple way to save for health and dependent care expenses is with the PayFlex, your Flexible Spending Account (FSA)
Health Care FSA- You can contribute pretax dollars from your paycheck, up to the Internal Revenue Service (IRS) limit of $3,300.*
- Your full contribution is available at the start of the plan year to pay for eligible health care expenses. It covers you, your spouse and/or your tax dependents for:
-Copays, coinsurance, and deductibles
-Dental expenses like orthodontia, crowns, and bridges
-Vision expenses like LASIK eye surgery, glasses, and contacts
-Prescription drugs and over-the-counter (OTC) items**
Dependent Day Care FSA
- You can contribute pretax dollars from your paycheck, up to the IRS limit of $5,000.*
- Funds are for your dependent(s) age twelve or younger, or a spouse or dependent incapable of self-care.
- Pays for eligible child and adult care expenses, such as daycare, preschool and nursery school, in-home aid, and more.
Limited Purpose FSA
- You can contribute pretax dollars from your paycheck, up to the Internal Revenue Service (IRS) limit of $3,300.*
- Your full contribution is available at the start of the plan year to pay for eligible health care expenses. It covers you, your spouse and/or your tax dependents for:
-Copays, coinsurance, and deductibles for dental and vision expenses only.
-Dental expenses like orthodontia, crowns, and bridges
-Vision expenses like LASIK eye surgery, glasses, and contacts.
Pay with ease
We’ll show you how simple it is to pay for your eligible expenses:- Use the Zynera Card®, your account debit card: When you use the Zynera debit card (if offered), your expense is automatically paid from your FSA.
- Pay yourself back: Pay for eligible expenses with cash, a check or your personal credit card. Then submit a claim to pay yourself back. For speed, have your claims payment deposited directly into your checking or savings account.
- Pay your provider: Use Zynera’s online feature (if offered) to pay your provider directly from your account
For additional information, view the member PDF flyer or visit Zynera at https://hisd.zynerahealth.com/ to get started.