Flexible Benefits

Flexible Spending (Connect Your Care)

For more information, please watch the video.

 

For questions regarding your Flexible Spending Accounts, contact Connect Your Care at 1.833.881.8159.

Medical Expense FSA

  • Minimum contribution for 2020 is $240 annually;
  • Maximum contribution for 2020 is $2,750 annually.

What are Medical Expense Reimbursement Spending Accounts?

Flexible Spending Accounts (FSA) allow an employee to set aside a portion of his or her earnings to pay for qualified expenses, most commonly for medical expenses but often for dependent care. The advantage of having an FSA is that you save money. With a Medical and/ or Dependent Care spending account, you can pay for eligible expenses with tax-exempt dollars; the amount you decide to set aside is deducted before taxes.

How does it work?

You specify the amount to be set aside on a tax-free basis into your medical spending account. Your Medical Spending Account is pre-funded meaning you have immediate access to the funds you place in your account. Your pre-tax contributions are deducted from each pay. As you incur eligible expenses you can pay for those expenses as you go with the Connect Your Care Healthcare Card or submit a Request for Reimbursement (RFR); your choice.

How can I enroll?

You can enroll as a new employee within 30 days of your hire date or during the Annual Open Enrollment Period, usually January/ February of each year. This benefit, along with the Dependent Care Spending Account, are the only benefits that you MUST re-enroll every Open Enrollment Period.

Contribution Limits?

Minimum annual contribution is $240 or $10 per pay, and the maximum limit is $2,750.

Grace Period:

The School District of Lee County has elected the “Grace Period” feature. During the Grace Period you, the Participant, may incur and submit Requests for Reimbursements to be distributed from any balance remaining from the previous Plan Year. This feature softens the “use-it-or lose-it” rule associated with Flexible Spending Accounts by providing you with more time to use your contributions. This ruling only affects your Medical Spending Accounts. The Grace period ends June 14th. This gives you an additional 2 ½ months to spend your flex dollars.

All reimbursable expenses must be incurred during the plan year in which your contributions are made. You will have 90 days at the end of the plan year to request reimbursement of expenses you incurred during the plan year. Any money that remains in the Medical Expense account is forfeited. This is called the "use or lose it" rule by the IRS.

With Connect Your Care, participating employees are now able to securely access their account from anywhere at any time using their app on their mobile device, a fast and accessible account management tool. 

What is the Connect Your Care VISA Claim Card?

The Connect Your Care VISA claim card is a special, prepaid claim card to be used exclusively for your School District of Lee County Flexible Spending Accounts. The claim card can be used at any qualified merchant that accepts a Visa Credit Card. The card will work at doctor offices, hospitals, pharmacies, chiropractors, optometrists, opticians, dentists, and other healthcare providers and daycare facilities. However, the card will not work at restaurants, retail stores and gas stations, just to name a few.

When you present the card at the time of payment, you must select "Credit" at the register. The card does not require a PIN, only your signature to make qualified purchases. The provider will be paid and your account balance will be automatically adjusted.

If the provider does not accept claim cards, you can simply use another form of payment and submit a Request for Reimbursement form along with your receipt(s).

Will I need to submit receipts?

It is very possible, so please save all of your itemized receipts! For some expenses, Connect Your Care or the IRS may need additional information, including receipts, to verify eligibility of the expense and compliance with IRS rules. Although the claim card offers a great convenience for your Flexible Spending Accounts, the IRS requires you to keep receipts for all claim card transactions. You will also be required to reimburse Connect Your Care to apply the funds back into your account for any transaction that does not qualify under the Flexible Spending Account guidelines.

Connect Your Care does adjudicate claims which means they verify expenses. If expenses that Connect Your Care require verification, such as a copy of itemized bill, or explanation of benefits, to name a few, are not verified within 90 days, then your Flex card will be suspended for future purchases until such verification is made. This is an IRS industry standard.

Is there a cost for the claim card or the benefit?

No, this benefit is free to you. You are entitled to a Connect Your Care claim cards FREE, which will be mailed directly to your home. Additional cards for dependents are also free. If your card is lost or stolen, there is no cost to replace them.

Expenses Eligible for Reimbursement

Eligible Expenses:

Out-of-Pocket expenses, which are not reimbursed by medical, dental or vision plans are eligible for reimbursement under this plan.

PLEASE NOTE: Effective January 1, 2011, most over-the-counter medicines are not covered under the Flexible Spending Account Medical Expense Account.

Also, in order to receive reimbursement, your receipt must include a description of the product, date of purchase, and the amount. Handwritten descriptions of the product, and/ or box tops will not be accepted.

Expenses NOT Eligible for Reimbursement

NON Eligible Expenses:

  • Cosmetic Surgery;
  • Dancing or swimming lessons;
  • Expenses reimbursed by another source;
  • Health club dues, unless under a physician supervised program to treat a medical condition;
  • Health/ dental/ vision/ cancer insurance premiums;
  • Teeth whitening;
  • Vitamins for general health;
  • Weight loss program not prescribed to treat an illness or diagnosed obesity.

Dependent Care Flexible Spending Account for 2020:

  • No Minimum;
  • Maximum contribution is $2,500 filing separately; $5,000 filing jointly.