Page 9 - 2015 New Hire Guide
P. 9
Olshan Properties
Health Reform and FSA Benefits How do I get reimbursed
Per Health Reform legislation, FSA funds can no longer be used from my FSA?
to purchase OTC medicine and drugs unless a medicine or drug is X Pay for an eligible expense out of
prescribed. A “prescription” means a written or electronic order for a your pocket.
medicine or drug that meets the legal requirements of a prescription X Fax, mail or submit online a
in the state in which the medical expense is incurred and that is issued reimbursement request form
by an individual who is legally authorized to issue a prescription in that with a copy of the receipt for the
state. If you have a prescription for an OTC medicine or drug, you eligible purchase to ADP.
must pay out-of-pocket at point-of-sale and then submit a manual claim X ADP processes your request and
requesting reimbursement. You can continue to use your FSA funds to promptly reimburses you through
purchase OTC items that are not considered a medicine or drug (e.g. direct deposit or by check.
bandages, splints, contact lens solution, etc.) Please note that insulin
remains an eligible expense with or without a prescription. X Or sign up for the debit card
option and use it directly at the
Dependent Care FSA time of service
The Dependent Care FSA lets you use pre-tax dollars towards All FSA participants will have access
qualiied dependent care. The maximum amount you may contribute to a secure website to view account
to the Dependent Care FSA is $5,000 (or $2,500 if married and iling information.
separately) per plan year.
Where can I learn more?
Examples of Eligible Expenses Visit www.lexdirect.adp.com for
Healthcare FSA Dependent Care FSA additional information about lexible
X Copays, deductibles and X Cost of child or adult daycare* spending accounts, including a
coinsurance for medical, dental X Nursery School list of eligible expenses and an
and vision plans X Preschool (excluding interactive contribution and tax-
X Prescriptions kindergarten) savings calculator. You can also call
X Eyeglasses and Contacts * An eligible dependent is a tax dependent 1-800-654-6695 to speak with an FSA
child under age 13 or a tax dependent specialist.
X First aid supplies spouse, parent, or child unable to care for
themselves.
X Smoking cessation products
(prescription only)
X Braces
X Laser eye surgery
9
Health Reform and FSA Benefits How do I get reimbursed
Per Health Reform legislation, FSA funds can no longer be used from my FSA?
to purchase OTC medicine and drugs unless a medicine or drug is X Pay for an eligible expense out of
prescribed. A “prescription” means a written or electronic order for a your pocket.
medicine or drug that meets the legal requirements of a prescription X Fax, mail or submit online a
in the state in which the medical expense is incurred and that is issued reimbursement request form
by an individual who is legally authorized to issue a prescription in that with a copy of the receipt for the
state. If you have a prescription for an OTC medicine or drug, you eligible purchase to ADP.
must pay out-of-pocket at point-of-sale and then submit a manual claim X ADP processes your request and
requesting reimbursement. You can continue to use your FSA funds to promptly reimburses you through
purchase OTC items that are not considered a medicine or drug (e.g. direct deposit or by check.
bandages, splints, contact lens solution, etc.) Please note that insulin
remains an eligible expense with or without a prescription. X Or sign up for the debit card
option and use it directly at the
Dependent Care FSA time of service
The Dependent Care FSA lets you use pre-tax dollars towards All FSA participants will have access
qualiied dependent care. The maximum amount you may contribute to a secure website to view account
to the Dependent Care FSA is $5,000 (or $2,500 if married and iling information.
separately) per plan year.
Where can I learn more?
Examples of Eligible Expenses Visit www.lexdirect.adp.com for
Healthcare FSA Dependent Care FSA additional information about lexible
X Copays, deductibles and X Cost of child or adult daycare* spending accounts, including a
coinsurance for medical, dental X Nursery School list of eligible expenses and an
and vision plans X Preschool (excluding interactive contribution and tax-
X Prescriptions kindergarten) savings calculator. You can also call
X Eyeglasses and Contacts * An eligible dependent is a tax dependent 1-800-654-6695 to speak with an FSA
child under age 13 or a tax dependent specialist.
X First aid supplies spouse, parent, or child unable to care for
themselves.
X Smoking cessation products
(prescription only)
X Braces
X Laser eye surgery
9
