News-to-Use

Question of the Week

Q.- Can an employee on Medicare participate in our FSA or HSA?
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Question of the Week

Q.- A terminated employee’s spouse (not the former employee) is electing to continue health FSA coverage through COBRA. Can the former employee’s eligible expenses be ...
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Health FSA Eligible Expenses

A health Flexible Spending Account (FSA) is an employer-sponsored benefit that allows employees to contribute pre-tax dollars to pay for qualified medical expenses. ...
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Question of the Week

Q.- Can we charge our employees a fee for participating in our health FSA plan?
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Question of the Week

Q.- Allergies are bad this year and we have several employees asking if they can get reimbursed from their FSA for the cost of allergy medicine. They don’t have a ...
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Question of the Week

Q.- One of our FSA participants purchased a large amount of over-the-counter items. She wants to be reimbursed for 25 bottles of ibuprofen and 25 bottles of ...
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Direct Deposit for your FSA/HRA Reimbursements

Benefit Allocation Systems provides easy and accurate flexible spending account (FSA) and health reimbursement account (HRA) services. Employers that use BAS for ...
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Question of the Week

Q.- We had an employee ask us what happens to her health flexible spending account money if she isn’t able to use it all this year. What do we say?
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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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