Flexible Spending Account with Benny Card The more you know about Flexible Spending Accounts The more you save!
An FSA is a free & voluntary benefit that allows you to set aside pre tax dollars to reimburse out of pocket medical, dental, vision, and dependent care expenses. 2
Elections are withdrawn from your paycheck evenly throughout the year on a pre tax basis. Benefit: Save 25 30% on pre tax dollars 3
Acupuncture Ambulance fees Braille books and magazines Breast Pump Childbirth classes mother to be expenses only; partner s expenses not eligible Chiropractic care Coinsurance Contact lens, solutions, and cleaners Crutches Deductibles Dental fees Dentures Denture adhesives Diagnostic testing fees Eyeglasses, including examination fee Guide dog Hearing aids and batteries Hospital bills Insulin and diabetic supplies Laboratory fees Laetrile by prescription Nurse fees Obstetrical expenses Operations Orthodontia Orthopedic shoes Osteopath fees Oxygen Physician fees Practical nurse fees Prescribed drugs see cosmetic exceptions below Psychiatric care Psychologist fees or individual therapy Radial keratotomy/laser eye surgery Routine physicals Special communication equipment for the deaf Smoking cessation prescriptions Special plumbing for the handicapped Surgical fees Therapeutic care for drug and alcohol addiction Therapy treatments, prescribed Transplants Transportation expenses/mileage to receive medical care or services Tuition at special school for physically or mentally impaired Wheelchairs X rays Per IRS regulations, the following, while not intended to be complete, illustrates examples of eligible medical or medical related expenses. Expenses must be incurred during the Plan Year from which you are requesting reimbursement. Expenses are considered incurred when service is rendered, not when service is billed or payment is made. Expenses cannot be reimbursed in advance of the date service is rendered. 4
Cosmetic procedures are not eligible FSA Expenses Teeth Whitening Not an FSA Eligible Expense Massages Must be Medically Necessary & Require a Doctor s Letter 5
To participate in an FSA, you must be eligible to enroll in your company s group health insurance. Example: You may still participate in your FSA benefit if you are eligible for your company s group health insurance, but do not enroll because your coverage is through your spouse s employer. 6
Expenses can be incurred by: Participant Spouse Dependent Definition of a dependent: Child up to the age of 26, does not have to live at home, does not have to be a full time student, and may be married. 7
Your entire medical FSA election is available to you on the first day of the plan year. Example: If your plan year start date is 1/1/, on that same day, you are eligible to use all of the funds in your account, even though your contributions will be deducted from your payroll check throughout the year. 8
Benny Card All participants receive 2 Benny Cards Mailed to the home address Cards are valid for 5 years Replacement cards cost $10 9
Employee Portal Login online at www.beneflexhr.com Submit claims, view account balance, review claim history, sign up for direct deposit, & update your profile 10
BeneFlexHR Mobile App App is available for all iphones, ipads, and Android devices. Submit medical FSA claims, check account balances, upload pictures of receipts, and receive text alerts. 11
Customer Service Office Hours 7:00 a.m. to 6:00 p.m. CST Phone: 314 909 6979 800 631 3539 (toll free) Email: info@beneflexhr.com 12
Deadline for claims processing is Tuesday at 3:00 p.m. CST. Claims submitted by the Tuesday deadline will be paid on Thursday via check or direct deposit. 13
Download at www.beneflexhr.com. Click on Employee and then Printable Forms. 14
Eligible without a Doctor s Prescription Asthma flow meters Bandages Blood pressure monitors Cholesterol tests Contact lens solution Crutches Denture care products Diabetes care: Blood test strips, glucose kits, monitors and testers Eyeglasses First Aid kits OVER THE COUNTER ITEMS Watch for updates at www.beneflexhr.com Gauze and gauze pads Heart rate monitors Heating pads Incontinence supplies for adults Medical bracelets & necklaces Medical tape Nebulizers Orthopedic shoe inserts Sunscreen (15+ SPF) Supports and braces Thermometers Example of Over the Counter Items that require a Doctor s Prescription Acid controllers Allergy & Sinus Antibiotic products Anti diarrheals Anti gas Anti itch & Insect bite Anti parasitic treatments Baby rash ointments/creams Callous and corn removers Cold sore remedies Cough, cold & flu Digestive aids Eye drops Feminine antifungal/anti itch Hemorrhoidal preps Hydrogen peroxide Laxatives Nasal strips Ointments Pain relief Respiratory treatments Rubbing alcohol Sleep aids & Sedatives Sunburn cream Stomach remedies Wart removal products 15
Over the Counter (OTC) drugs Doctor s prescription required When and who sold the product (date, name & address) Type of OTC was purchased *Must show product or brand name Amount of charge *If the receipt does not show the name of the product you can write the product name on the receipt. 16
Daycare expenses for a dependent includes; child care expenses for dependent children under the age of 13 years old or care for a dependent that is not mentally or physically able of caring for themselves. 17
Examples: Before/After School Programs Summer Camps (not overnight) In Home Daycare Adult Day Care Programs Must reside with you at least 6 or more months of the year. 18
Maximum Election: $5,000 per year/per household Individual or facility must reflect income on tax returns. Claim form must reflect a Social Security Number or Federal Tax ID Number of the provider. 19
Manual claims must be submitted to BeneFLEX for reimbursement via the Employee Portal, fax, or mail. Dependent Care elections are not loaded on the Benny Card. 20
1. Must make an election each year to participate. 2. Only way to change your election during the plan year is to have a Life Changing or Qualifying Event. Examples of a Qualifying Event: Marriage, divorce, birth of a child, adoption of a child, or spouse loses his/her job. 21
10805 Sunset Office Drive, Ste. 401 St. Louis, Mo 63127 Phone: 314.909.6979 Toll Free: 800.631.3539 Email: info@beneflexhr.com Website: www.beneflexhr.com 22