Page 16 - PriMed 2022 Benefits Guide
P. 16

Flexible Spending Accounts (FSAs)


               Flexible Spending Accounts (FSAs), administered by Navia, allow you to set aside pre-tax dollars to pay for
               eligible health and dependent care expenses. As an eligible employee, you may choose to enroll in one or both
               Flexible Spending Accounts. Each year, you must elect the annual amount you want to contribute to each
               account ($60 minimum). Your contributions will be deducted pre-tax from your paycheck which can help
               reduce your taxable income.

               Register online at: http://www.naviabenefits.com to set up an account - Employer Code “PRM”.


                                              Health Care FSA                    Dependent Care FSA

                IRS Maximum               2022 IRS Maximum $2,850              2022 IRS Maximum $5,000

                Eligibility         For those enrolled in an HMO or PPO plan   You and your spouse (if applicable) work
                                                                                      full-time


                Eligible Expenses*      Health care expenses, such as      Dependent care expenses for a child
                                       deductible, copays and prescription   under 13
                                      Eyeglasses or contact lenses        Private day care providers and nannies
                                      Laski surgery                       Licensed care for disabled dependents
                                      Orthodontia                         Care for an elderly parent who is
                                                                            dependent on you

                Availability of Funds   Full election available upon the benefits   You can be reimbursed up to the amount
                                   effective date                       available in your account


                Payment or            Use FSA debit card                  Use FSA debit card
                Reimbursement         Submit a claim form for out-of-     Submit a claim form for out-of-pocket
                                       pocket expenses                      expenses


               For a complete list of eligible expenses, refer to IRS Publication 502: Medical and Dental Expenses, available at
               www.irs.gov/publications.


























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