Page 15 - Intertek 2022 Benefits Guide
P. 15
2022 Benefits Guide
Flexible Spending Account
Administered by HealthEquity
An FSA allows you to set aside before-tax dollars from Funds you elect to contribute to the Healthcare FSA
your paycheck to use toward qualiied expenses that are available in full on the irst day of the plan year,
you would normally pay out of your pocket with after- and the funds contributed toward the Dependent
tax dollars. Care FSA cannot be used until accumulated. Plan
your contributions carefully as you will lose any
Healthcare FSA Dependent Care FSA funds you do not use at the end of the year. You also
Ideal program for all cannot change your FSA election during the plan year
Ideal program for employees enrolled employees regardless
in our Classic plan or waiving medical of other beneit unless you experience a qualifying life event. Termed
coverage employees have 90 days from the date of termination
coverage
Used to help pay for Used to help pay for to request reimbursement for services incurred during
Doctor’s visit Hearing aids Cost of child or the dates you were covered.
copays Eye glasses adult day care
Prescription Contacts Nursery school Grace Period
drug copays Preschool
Medical Dental (excluding Intertek ofers a grace period until March 15 each year
services
and dental kindergarten) to incur claims which can be reimbursed from the
deductibles Orthodontia Dependent prior year’s plan. You have until March 31 each year to
Over-the- Laser vision Care FSA is not submit your claims for reimbursement from your prior
counter correction for medical year FSA election.
medications surgery expenses
(with a for your
written dependents,
prescription) it is for care HealthEquity Mobile App
associated with
child care or EZ Receipts lets you submit healthcare and dependent care
adult day care claims and upload receipts right from your smartphone. Get
EZ Receipts from your smartphone’s app store.
IRS Annual Contribution Maximums
Healthcare FSA Dependent Care FSA Eligibility
$2,750 per year $5,000 per year* You are not eligible to contribute to a healthcare FSA if you
are contributing to a health savings account.
* $2,500 if married and iling separately.
Manage your FSA claims and payments through
healthequity.com. Contact HealthEquity for more
information on submitting claims for reimbursement.
15
Flexible Spending Account
Administered by HealthEquity
An FSA allows you to set aside before-tax dollars from Funds you elect to contribute to the Healthcare FSA
your paycheck to use toward qualiied expenses that are available in full on the irst day of the plan year,
you would normally pay out of your pocket with after- and the funds contributed toward the Dependent
tax dollars. Care FSA cannot be used until accumulated. Plan
your contributions carefully as you will lose any
Healthcare FSA Dependent Care FSA funds you do not use at the end of the year. You also
Ideal program for all cannot change your FSA election during the plan year
Ideal program for employees enrolled employees regardless
in our Classic plan or waiving medical of other beneit unless you experience a qualifying life event. Termed
coverage employees have 90 days from the date of termination
coverage
Used to help pay for Used to help pay for to request reimbursement for services incurred during
Doctor’s visit Hearing aids Cost of child or the dates you were covered.
copays Eye glasses adult day care
Prescription Contacts Nursery school Grace Period
drug copays Preschool
Medical Dental (excluding Intertek ofers a grace period until March 15 each year
services
and dental kindergarten) to incur claims which can be reimbursed from the
deductibles Orthodontia Dependent prior year’s plan. You have until March 31 each year to
Over-the- Laser vision Care FSA is not submit your claims for reimbursement from your prior
counter correction for medical year FSA election.
medications surgery expenses
(with a for your
written dependents,
prescription) it is for care HealthEquity Mobile App
associated with
child care or EZ Receipts lets you submit healthcare and dependent care
adult day care claims and upload receipts right from your smartphone. Get
EZ Receipts from your smartphone’s app store.
IRS Annual Contribution Maximums
Healthcare FSA Dependent Care FSA Eligibility
$2,750 per year $5,000 per year* You are not eligible to contribute to a healthcare FSA if you
are contributing to a health savings account.
* $2,500 if married and iling separately.
Manage your FSA claims and payments through
healthequity.com. Contact HealthEquity for more
information on submitting claims for reimbursement.
15
