BeniComp Group Getting the Full Benefits of your Flexible Spending Account FSA Reimbursement Accounts
BeniComp Flexible Spending Account Overview BeniComp Flexible Spending Account Forms Flexible Spending Account Frequently Asked Questions Flexible Spending Account Calculators BeniComp FSA Contact Information Full Benefits of your Flexible Spending Account BeniComp FSA Member Login
Flexible Spending Account Overview
Download FSA Brochure
BeniComp Administrator Employee Benefit Plans
BeniComp Advantage Supplemental Group Medical Insurance Policy
BeniComp Health Care FSA

A Flexible Spending Account (FSA) is an add-on benefit program that allows you to save money — on a pre-tax basis — for certain common, eligible expenses. If you choose to participate in this valuable benefit, you and your qualified dependents can pay for medical, dental and vision expenses as well as dependent care expenses tax-free. The net result is an increase your take home pay.

Use this brochure as a quick reference for questions you may have about your FSA plan through BeniComp. Please note this is meant to be an easy-to-read summary of the benefits available to you, not a contract. Additional limitations and exclusions may apply. For an official description of benefits, please contact the plan administrator.

 

Health Care Spending Account for eligible out-of-pocket medical, dental and vision expenses that are only partially covered or not covered by your plan, such as deductibles and co-pays, orthodontia, eyeglasses and eligible over-the-counter medications.

Dependent Care Spending Account for dependent care expenses (daycare, babysitters, after-school programs, etc.) that allow you (or your spouse, if you’re married) to work.

Refer to the FSA Expenses Guide for a comprehensive list of allowable expenses.

To determine how to maximize your FSA, use these planning tools.