News-to-Use

Question of the Week

Q.- I understand COVID-19 tests may not be covered by insurance soon. If I need to buy a test in the future, may I submit the cost for reimbursement from my health FSA?
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Question of the Week

Q.- Our health FSA plan has a carryover feature. When determining if a COBRA election has to be given to a terminated employee, do we include the carryover amount as ...
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Question of the Week

Q.- An employee is undergoing medical treatment and has to drive about 100 miles each week to get that treatment. He asked if he can use his Health FSA to pay for his ...
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FSA Eligible Expenses Resource

Employers who use BAS for flexible spending account services may offer their employees BAS’ tool for determining if an expense is eligible for reimbursement from an FSA. ...
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FSA Claim Reimbursement Direct Deposit

Benefit Allocation Systems provides easy and accurate flexible spending account plan services. Employees who participate in an employer’s FSA serviced by BAS should know ...
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Question of the Week

Q.- Can we offer a health flexible spending account plan to only executive employees?
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Day Camp and Child Care Expenses

Many parents find care for their children when school is not in session. Day camp is a popular option for summer break. The cost of day camp for a child under age 13 may ...
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Question of the Week

Q.- An employee just learned he needs a significant amount of dental work next month. He wants to put more money into his health FSA to pay for the expense. May we allow ...
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Question of the Week

Q.- We have a calendar year health FSA with a grace period for incurring claims. An employee has a balance in his FSA for the 2021 plan year but did not elect to ...
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Medical Care and Medical Necessity

The IRS issued an information letter confirming that flexible spending account expenses must be for medical care in order to be eligible for reimbursement.
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