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2018 Open Enrollment Guide Jun 29, 2023 | By Robert McGriff (@m039153)Comment receiving replies
Replies to "Hi, I have a question about the flexible spending act. What does it cover and how..."
I am currently not in the office. I will be attending an off-site event on Friday, November 10. I will be returning on Monday, November 13 at 8:00
a.m. and will reply to your email at that time. If this is an urgent matter, please contact Amy Nading at nading.amy@mayo.edu Thank you.
Kathy, the Health Care Flexible SPending Account allows you to set aside dollars form your paycheck on a per-tax basis to pay for out of pocket health care expenses. Some examples would include your deductible or coinsurance amounts in the medical or dental plans. The IRS offers more information about what types of expenses are eligible in publication 502 on their site. https://www.irs.gov/pub/irs-pdf/p502.pdf The plan is administered by Mayo Clinic Health Solutions. They offer several ways to submit claims including a mobile app and their online portal. The Open Enrollment guide linked above also has good information about this type of plan. Robert
I am off on Friday, November 10th. Thank you!