Articles Under the Tag: HCFSA

How much do you actually save with reimbursement accounts?
2 minute read
June 11, 2020
You’ve likely heard that reimbursement accounts can help you save on tax, but it may not be clear how that impacts your finances.
- Tags:
- FSA
- HSA
- HRA
- HCFSA
- Section 125

Over-the-Counter Items & Menstrual Products Now Eligible for Reimbursement
4 minute read
April 03, 2020
The CARES Act allows over-the-counter drugs and medicines to be reimbursed by FSAs, HRAs, and HSAs without a prescription, as well menstrual products.

What to Do with Your HCFSA When Your Job Changes
6 minute read
April 01, 2020
When your employment ends, whether it was voluntary or not, access to your HCFSA also ends unless you’re eligible to continue coverage through COBRA.

Top 5 Reimbursement Claim Denial Reasons
3 minute read
February 03, 2020
Often, simple oversights or misunderstandings can result in claim denials for your Flexible Spending Account.

What can employers do with unused FSA funds?
3 minute read
January 20, 2020
HCFSAs can be a great way to help employees pay for covered medical expenses. But what happens if they don’t use all their funds by the plan year end?

FSA Mistakes to Avoid – Other Reimbursement Accounts
3 minute read
September 20, 2019
The rules surrounding Flexible Spending Accounts (FSAs) can be complex. Here are some of the most common rules to know.

Understanding FSA Benefits Debit Card Substantiation
5 minute read
May 14, 2019
An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds.

Help Your Employees Navigate Their Healthcare FSA
7 minute read
February 11, 2019
To help your employees understand how the plan works and best utilize their accounts, consider these tips.

Why is documentation required for every FSA purchase?
3 minute read
January 17, 2019
Providing documentation is one of the most common points of confusion and frustration for FSA and HRA participants.

FSAs, HSAs,and HRAs - What You Need to Know
3 minute read
March 12, 2018
When it comes to reimbursement accounts, the differences can be confusing. How do you know which to offer employees?

Steps to Take When Healthcare FSA Participants Terminate Employment
3 minute read
January 15, 2018
When Healthcare FSA participants leave employment mid-plan year, certain actions need to be taken by the employer.