New Year, New Benefits - Flexible Spending Account (FSA) + Insurance Deductible Info

Happy New Year, everyone!

On top of new resolutions, intentions, habits, and opportunities, the new year brings a reset for those of you with flexible spending accounts (FSA) and insurance deductibles.

What does that mean?

It means that your tax-free FSA fund has been restored to your preset limit and your insurance deductible limit has been zeroed out.

Do we take your particular insurance?

Maybe! We accept certain PPO insurance plans and can check your potential benefits promptly, all that we need is your insurance policy information.

See the links below for more info!

https://www.medmutual.com/For-Individuals-and-Families/Health-Insurance-Education/Compare-Health-Insurance-Plans/HMO-vs-PPO-Insurance.aspx

https://www.ehealthinsurance.com/health-plans/ppo

How do FSA accounts work?

FSA benefits are accepted just like running a debit card. Just like other medical expenses such as primary care co-pays, pharmacy fees, etc., FSA benefits are more than welcome to cover your needs.

Not everyone has FSA benefits, check with your employer if you have any questions!

Posted below are some resources regarding FSA accounts.

https://www.healthcare.gov/have-job-based-coverage/flexible-spending-accounts/

https://www.fsafeds.com/

https://www.nerdwallet.com/blog/health/what-is-flexible-spending-account/