Third-Party Administrator: Flex Compensation

Salary Reduction Flexible Spending Accounts – “Use It or Lose It” IRS regulation applies in most situations.

Medical Spending Account (MSA)
You can set aside up to $2,550 per year on a pre-tax basis to pay for out-of-pocket expenses.

Examples of what you can use an MSA for:

  • Doctor visit co-pays
  • Hearing aids
  • Prescription costs
  • Glasses, contacts, frames, etc.
  • Health insurance deductibles
  • Dental treatment (including orthodontia)

Child Care 2 Salary Reduction Account

  • You can set aside up to $5,000 per year on a pre-tax basis to pay for the reimbursement of child care expenses.
  • This account is for reimbursement of child care expenses from day care or a private babysitter for children up to age 13.
  • You can only be reimbursed for the amount that has accumulated in your account.
  • Account can only be used for you and your spouse to be able to work or go to school full-time.

For access to claims forms, balance information, claims status, or direct deposit forms, visit the Flex Compensation website at flexcompensation.com.

Claims received by noon on Wednesday are processed on Friday.

** For detailed information regarding your benefit coverage, please visit the HR website on CONNECT.