Dependent Care reimbursements are limited to the amount in your account . Health Care FSA Flexible Spending Account eligible expenses NOTE: You can only use funds up to the current balance in your account. Blood storage reimbursement is not eligible with a limited care flexible spending account (LCFSA) or a dependent care flexible spending account (DCFSA). Commonwealth of Virginia. FLEXIBLE SPENDING ACCOUNTS Examples of Eligible and Ineligible Expenses under a Healthcare Reimbursement Account Dental Services/Vision Services Artificial Teeth Contact Lenses Crowns/Bridges Dental Implants Dental Sealants Dental X-rays Dentures Exams/Teeth Cleaning Extractions Eye Exam Fillings Glasses Occlusal Guards Oral Surgery Care in your home, someone else’s home, or in a daycare center for child care and/or eldercare. This, in turn, may help lower your taxable income. You can use an FSA to pay for personal or family costs ranging from medical and dental care to group term life insurance to dependent care. Rx/MN Eligible for reimbursement with a Doctor’s Note/Prescription for products or a Medical Necessity form for services. Your Brooks Rehabilitation Healthcare Reimbursement Flexible Spending Account lets you pay for medical care expenses not covered by your insurance plan with pre-tax dollars. For details about state and/or local taxes, contact your personal tax advisor. Flexible spending accounts, also known as “cafeteria” or Section 125 plans, are employer-sponsored tax-advantaged plans that reimburse employees for qualifying medical or dependent care expenses. The primary purpose of the expense must be to Acupuncture Alcoholism treatment You contribute to an FSA with pretax money from your paycheck. For example, if you have made three contributions of $50 each, you would have an account balance of $150. Eligible Expenses. Eligible Dependent Care Expenses. Your Health Care Reimbursement Flexible Spending Account lets you pay for medical care expenses not covered by your insurance plan with pre-tax dollars. at the time of your claim. At the Amazon.com FSA and HSA store, we take the guesswork out of shopping for FSA-eligible items by providing a large selection of eligible products with the brand names you trust … Flexible Spending Account (FSA) funds can be used for hundreds of eligible expenses including The list is intended to be a general guide of eligible expenses and is not all-inclusive. Please check with your tax professional if you have questions about whether a particular expense is eligible for reimbursement under this program. The expenses must be primarily to alleviate a physical or mental defect or illness. This page outlines which items are approved expenses that can be paid from a health savings account (HSA) or medical flexible spending account (FSA). Eligible Flexible Spending Account Expense Examples There are hundreds of eligible expenses for your FSA funds, including prescriptions, some over-the-counter items, health insurance deductibles, and coinsurance. Health care flexible spending account (FSA) A health care FSA reimburses you for eligible health care expenses for you and your eligible dependents. Chard Snyder is a third party administrator (TPA) of employee benefits plans. FLEXIBLE SPENDING ACCOUNT Flexible Spending Accounts (FSA) allow you to set aside funds on a pre-tax basis for any qualified medical, dental, vision, or daycare expense. And which FSAs can work paired with a Health Savings Account (HSA). This page outlines which items are approved expenses that can be paid from a health savings account (HSA) or medical flexible spending account (FSA). Doc Additional documentation required. The IRS defines these expenses as amounts paid for the diagnosis, cure, mitigation or treatment of a disease, and for treatments affecting any part or function of the body. _____ CONSULT IRS PUBLICATIONS 502 AND 503 FOR ADDTIONAL GUIDANCE OR YOUR PERSONAL TAX ADVISOR PUBLICATION 502 AND 503 DO NOT DESCRIBE ALL FLEXIBLE SPENDING ACCOUNT RESTRICTIONS. There are three common types of Flexible Spending Accounts (FSA) and thousands of FSA eligible items. Your employer may choose to change your cafeteria plan to allow you to carry over up to $500 of unused amounts remaining at the end of the plan year in a health FSA to be paid or reimbursed for qualified medical expenses incurred during the following plan year. A Dependent Care Flexible Spending Account (FSA) uses your contributions to cover dependent day care (usually child care) expenses. 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