Articles Under the Tag: HCFSA
You’ve likely heard that reimbursement accounts can help you save on tax, but it may not be clear how that impacts your finances.
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.
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.
Often, simple oversights or misunderstandings can result in claim denials for your Flexible Spending Account.
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?
The rules surrounding Flexible Spending Accounts (FSAs) can be complex. Here are some of the most common rules to know.
An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds.
To help your employees understand how the plan works and best utilize their accounts, consider these tips.
Providing documentation is one of the most common points of confusion and frustration for FSA and HRA participants.
When it comes to reimbursement accounts, the differences can be confusing. How do you know which to offer employees?
When Healthcare FSA participants leave employment mid-plan year, certain actions need to be taken by the employer.