Why would I desire to put cash into a healthcare FSA


Posted February 18, 2015 by daviddon

For those who are not well known with flexible spending accounts FSA, they are special accounts that permit you to pay for qualified medical expenses on a pre tax basis.

 
For those unfamiliar with flexible spending accounts FSAs, they are special accounts that permit you to pay for qualified medical expenses on a pre-tax basis. FSA & HSA Health Savings Accounts are increasingly an option offered with medical insurance plans. The dollars you contribute to your FSA account are automatically deducted from your paycheck on a pre-tax basis.
The type of medical expenses that flexible spending account dollars are used to buy are typically those not covered under your health plan. They might contain doctor visit co-pays, prescription drug co-payments, dental care, vision care & other items & services. It pays to become familiar with the items and services on which you may spend your FSA dollars.
At probenefits.com you can use your Flexible Spending Account to pay for prescription contact lenses & other eye care accessories. If you have been provided with an FSA debit card, you can make use of it to pay for your purchase. Or else, our FSA tracker makes it simple for you to print all the documentation you will be required to submit your purchases to your fsa plan administrator for reimbursement. All of your FSA related purchase will be visible in the FSA or HSA Manager part of your account online at probenefits.com. In order to offer better clarity and convenience while doing your FSA shopping, probenefits.com marks all qualified contact lens products with an FSA icon.
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Issued By Grace Mills
Website Why would I desire to put cash into a healthcare FSA
Country United States
Categories Business
Tags flex plan administrator , flexible spending account , fsa plan administrator , hra plan administrator
Last Updated February 19, 2015