What services can I use my FSA card for?
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What services can I use my FSA card for?
You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums. You can spend FSA funds on prescription medications, as well as over-the-counter medicines with a doctor’s prescription. Reimbursements for insulin are allowed without a prescription.
What is an FSA card?
What is a flexible spending account (FSA) card or health savings account card (HSA)? Flexible spending accounts (FSAs) and health savings accounts (HSAs) let you set aside pre-tax money, sometimes directly from your paycheck, to pay for eligible medical expenses.
How do I access my FSA account?
You can view the total available funds in your Health Care FSA and/or Child & Elderly Care FSA in the Flexible Spending Account app. Simply click on the app from your dashboard and look for your FSA funds under Benefits Summary.
Who do I contact about my FSA account?
877-372-3337
If you have questions about FSAFEDS enrollment or claims, your inquiries must go to FSAFEDS. You can reach an FSAFEDS Benefits Counselor toll-free at 877-FSAFEDS (877-372-3337), TTY: 866-353-3058, Monday through Friday, 9 a.m. until 9 p.m., Eastern Time.
Are gym memberships FSA eligible?
Generally, gym and health club memberships, along with exercise classes (like Pilates or spinning), cannot be covered by FSA funds.
Is FSA like a debit card?
An FSA card is the debit card that allows you to access money in your flexible spending account. This is an account that is set up alongside your health insurance, and you can choose to have pretax dollars from your paycheck routed into it. Those funds can then be used to pay for certain qualifying medical expenses.
How do I withdraw money from my FSA?
You can use a debit card, also known as the Flexcard, to withdraw money directly from your FSA. This system also has the added benefit of automating the IRS approval process for FSAs, which, pre-Flexcard, required a good bit of paperwork and people to process it.
