Page 21 - Dragados 2022 Benefits Guide

Healthcare FSA
Administered by HealthEquity (Formerly WageWorks)
Through convenient payroll deduction, you can save money by contributing on a pretax basis. You can use your account for a wide variety of health care-related expenses for you, your spouse, children or other eligible dependents. Your entire annual election is available to you on the first day of the plan year.
Examples of Eligible Expenses
• Chiropractic care and acupuncture
• Copays, coinsurance, and deductibles
• Counseling and therapy
• Dental care
• Eye surgery
• Orthodontia
See WageWorks.com for a complete list of covered expenses. Easy Payment Options
• Over-the-counter healthcare products (with a prescription)
• Prescription medications
• Psychology and psychiatry
• Transportation to a medical facility or provider
• Vision care
HealthEquity offers you several easy ways to use the money in your FSA to pay your eligible healthcare expenses.
• Use your HealthEquity WageWorks Debit Card. You’ll receive your debit card by mail once you enroll. You can also order an additional card for your spouse or dependent at no charge.
• Pay My Provider. Pay bills directly from your FSA account through the Pay My Provider link at WageWorks.com.
• Pay Me Back. Send in claims to HealthEquity for quick reimbursement from your FSA.
How Your Healthcare Debit Card Works
Your Healthcare FSA Debit Card makes funds immediately available to you for payment of eligible medical services, goods and prescriptions at healthcare providers, pharmacies and drugstores. You can also use your Healthcare Debit Card to pay for eligible over-the-counter (OTC) items at grocery stores, discount stores, wholesale clubs, convenience stores and online pharmacies that have an Inventory Information Approval System (IIAS) in place. Go to wageworks.com/iias or see the online FAQ for more information. IIAS enables merchants to verify eligible purchases at the register, eliminating the need for you to submit receipts to verify your purchases. Go to sig-is.org/ for the most up-to-date list of IIAS certified merchants.
When you use your Healthcare Debit Card for an eligible item or service, the money is taken directly from your account, so there’s no need to submit paper receipts
or be reimbursed. And since most of
your transactions can be verified at
checkout, you’ll just need to save your receipts for the IRS, and your records.
Healthcare FSA Claims Substantiation
In some instances, the IRS will still require you to submit a receipt to HealthEquity for verification. The most common examples are when you use the Card at the hospital, dentist, or for a medical coinsurance expense. Save Your Receipts!
Photography: Harbor Bridge
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