Lupin 2024-2025 OE Presentation

Flexible Spending Accounts (FSA) You must re-enroll in these coverages annually

Healthcare FSA 

For qualified medical, dental, and vision expenses.  You can contribute up to $3,200 annually.  Available if you enroll in one of the UHC non-HSA Plans.  You can only roll over $640 for the next plan year; any remaining balance will be forfeited.

Limited Purpose FSA 

You have 90 days (June 30 th ) following the end of the plan year to submit a claim. Claims must have occurred by March 31st.

ONLY for qualified dental and vision expenses.  IRS allows Limited Purpose FSA to be used with an HSA.  You can contribute up to $3,200 annually.

Dependent Care FSA  For qualified children under age 13 and/or adult dependent care expenses (Daycare, before or after school, Preschool, Adult Daycare).  You can contribute up to $5,000 annually for dependent care expenses.  If you and your spouse file separate tax returns, you may contribute a maximum of $2,500.

Please note: you cannot enroll in the Healthcare FSA and the Health Savings Account (HSA) simultaneously. If you are enrolled in the UHC Consumer Driven Health Plan (HSA) and are participating in the HSA, you can elect the Limited Purpose FSA instead to help cover dental and vision expenses only.

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