Flexible Spending Account (FSA)

There will be a new vendor for Flexible Spending Accounts in the 2022 plan year. WEX, our current vendor will administer our Flexible Spending Accounts through 12/31/2021. Flores, our new vendor, will administer Company Flexible Spending Accounts starting 1/1/2022. Click the tabs below to learn more.

  • WEX Flexible Spending Accounts (valid through 12/31/21)
  • Flores Flexible Spending Account (Starting 1/1/2022)

Please click the Flores Flexible Spending Accounts tab for more information about 2022 plan year Flexible Spending Accounts. Current FSA members, scroll to the bottom of this page for information on transitioning from Wex to Flores.

The Company offers Flexible Spending Accounts through Discovery Benefits LLC, a WEX Company. Additional features include a debit card for Dependent Care Accounts and an app for easily uploading receipts. Learn more about all of the great account features at wexinc.com.

A Flexible Spending Account (FSA) allows you to budget and save for qualified medical expenses incurred over the course of the plan year. Dollars invested in an FSA are taxfree. That makes an FSA a great tool for saving money, especially when big expenses are anticipated. You must enroll each year to participate. FSA plans contain a “Use It Or Lose It” provision – please plan carefully! Should you leave the Company, benefits terminate on your last day of employment.

Medical FSA

Choice Plus Plan enrollees:
You can enroll in the medical FSA to cover eligible medical, prescription, dental and vision expenses. The entire election amount is available at the beginning of the plan year.

Health Savings Plan enrollees:
You can enroll in the medical FSA alongside your HSA to maximize savings. The entire election amount is available at the beginning of the plan year. Note: These funds are limited to qualifying dental and vision expenses.

Dependent Care Account (DCA)

A DCA allows you to put money aside for dependent care for children up to age 14, a disabled dependent of any age or a disabled spouse. You may receive reimbursement up to the current balance in your account at the time the request is made. To be eligible for a DCA, you and your spouse (if applicable) must work, be looking for work or be full-time students.

Using Your FSA Account

Enrollees will receive a WEX debit card for easy access to FSA funds. Simply swipe your debit card and avoid out-of-pocket costs. If you use your card at a provider with an Inventory Information Approval System (IIAS), the expense will automatically be approved at the point of sale. You may need to provide documentation to show the expense is eligible. Providing documentation is easy when you use your FSA's mobile app. To find out which specific expenses are eligible, view the searchable eligibility list at wexinc.com/insights/benefits-toolkit/eligibleexpenses.

 
Mobile App

Learn more about the Discovery Benefits Mobile app
Access your FSA on the go 24/7 with the Discovery Benefits Mobile app. Our free app gives you convenient, real-time access to all your flexible spending accounts in one spot. This makes it easy to use your hard-earned dollars and view recent account activity without ever needing to call in.

With Discovery Benefits Mobile app, you can:

  • Get instant notifications on the status of your claims and upload documentation in seconds using your phone’s camera.
  • Check your balance and view account activity

Security on the go
Our mobile app uses secure encryption and won’t store pictures on your phone, keeping your documentation safe and secure. Login is protected by a four-digit passcode of your choosing. You can also log in with your thumbprint on apple devices.

Download the free app for iOS or Android devices.

Add Up Your Savings:

You save by reducing the amount of your earnings which are subject to federal income tax, FICA (Social Security) tax, and where applicable, state income tax. Exactly how much you save depends on how much you contribute each year and on your tax situation. Most people can save between $30 and $40 in taxes for every $100 contributed.

The bottom line: You keep more of your hard-earned money—instead of giving a portion to the IRS—by using tax-free dollars for expenses you face throughout the year. And with the various mobile and online resources available, spending your account funds couldn’t be any easier.

Learn More and Compare

Delve into the inner workings behind common health account types at www.myhealthsavingsinfo.org. Each account type has its own unique characteristics and advantages, and this site will deliver need-to-know information that can help you make informed decisions regarding these particular accounts.

 

Transitioning from Wex to Flores

For those who DO NOT have remaining funds from 2021, if you elect FSA coverage for 2022, claims with dates of service beginning 1/1/22 will be processed through Flores.

For those who have remaining funds from 2021, you have until 3/15/22 to incur eligible expenses to use towards your remaining WEX funds. You then have until 3/31/22 to submit a claim for reimbursement before funds are lost.

NOTE: Claims towards your 2021 available balance need to be processed through our current FSA administrator, WEX. Our new FSA administrator, Flores, will not be able to assist and does not have access to your 2021 balance.

  • WEX debit cards will remain active through the grace period of 3/15/2022. After the grace period, members will need to submit claims for reimbursement for the remainder of the runout period, which ends on 3/31/2022.
  • If you have any remaining funds with WEX and have elected coverage with Flores, be sure to use your WEX funds first for any eligible expenses incurred through 3/15/22. Any remaining balance after 3/31/22 with WEX will be forfeited.

The information in this section applies to Flores Flexible Spending Accounts, which will begin on 1/1/2022. Please click the WEX Flexible Spending Accounts tab for more information about current, 2021 plan year Flexible Spending Accounts. Scroll to the bottom of the page for information on transitioning from WEX to Flores.

The Company offers two types of Flexible Spending Accounts, a Health Care FSA and a Dependent Care FSA, through Flores. These FSAs allow you to budget and save for qualified expenses incurred over the course of the plan year. Dollars invested in an FSA are tax-free, which makes an FSA a great tool for saving money, especially when big expenses are anticipated. For a searchable list of FSA eligible expenses and more, visit flores247.com.

NOTE: Your FSA will not automatically renew, you must enroll each year to participate and FSA plans contain a “Use It Or Lose It” provision, so please plan carefully! Should you leave the Company, benefits terminate on your last day of employment.

 

HEALTH CARE FSA

Enrollees in the Health Care FSA (HCFSA) will receive a Flores debit card for easy access to their health care funds. Although you pay your specified election amount through weekly payroll deductions, the entire election amount is available once your benefit goes into effect.

Pay providers for services using your Flores debit card or use personal funds and submit a reimbursement request. Requests may be submitted at flores247.com, through the Flores Mobile app, or you may send requests by fax or mail. Add direct deposit to your Flores account so you don’t have to wait for a check to be mailed.

Choice Plus/Options/PPO Blue Plan enrollees may use HCFSA funds for eligible medical, prescription, dental, and vision expenses. Details on covered expenses.

Health Savings Plan enrollees may enroll in the HCFSA alongside the HSA to maximize savings.
NOTE: These funds are limited to qualifying dental and vision expenses if you are enrolled in the Health Savings Plan. Details about Limited HCFSAs.

 
DEPENDENT CARE FSA

A Dependent Care FSA (DCFSA) allows you to put money aside for the care of dependents under the age of 13 or expenses for dependents over the age 13 who are mentally or physically incapable of self-care. Expenses must be incurred to allow you and your spouse, if married, to go to work. The weekly payroll deduction amount you specify will be added to your account with Flores and may be used as soon as the contribution shows in your account.

Examples of eligible expenses include: preschool, before and after school care, and day camps. More about DCFSAs.

Pay your Dependent Care providers with personal funds and submit a reimbursement request at flores247.com, through the Flores Mobile app, or submit by fax or mail. Add direct deposit to your Flores account so you don’t have to wait for a check to be mailed.

No-Wait Dependent Care Claim Forms allow you to submit only one claim form for your entire plan years’ worth of expenses. You can submit your claim for the full amount of eligible expenses you’ll incur during the plan year. Flores will enter this as a pending claim to your account and as you contribute to the account through your pre-tax payroll deductions, Flores will automatically reimburse you the same day they receive the contribution! Download a copy of the No-Wait Dependent Care Claim Form.

 

Transitioning from Wex to Flores

For those who DO NOT have remaining funds from 2021, if you elect FSA coverage for 2022, claims with dates of service beginning 1/1/22 will be processed through Flores.

For those who have remaining funds from 2021, you have until 3/15/22 to incur eligible expenses to use towards your remaining WEX funds. You then have until 3/31/22 to submit a claim for reimbursement before funds are lost.

Claims towards your 2021 available balance need to be processed through our current FSA administrator, WEX. Our new FSA administrator, Flores, will not be able to assist and does not have access to your 2021 balance.

  • WEX debit cards will remain active through the grace period of 3/15/2022. After the grace period, members will need to submit claims for reimbursement for the remainder of the runout period, which ends on 3/31/2022.
  • If you have any remaining funds with WEX and have elected coverage with Flores, be sure to use your WEX funds first for any eligible expenses incurred through 3/15/22. Any remaining balance after 3/31/22 with WEX will be forfeited.

The Company offers Flexible Spending Accounts through Discovery Benefits LLC, a WEX Company. Additional features include a debit card for Dependent Care Accounts and an app for easily uploading receipts. Learn more about all the account features at wexinc.com.

A Flexible Spending Account (FSA) allows you to budget and save for qualified healthcare expenses incurred over the course of the plan year. Dollars invested in an FSA are tax free. That makes an FSA a great tool for saving money, especially when big expenses are anticipated. You must enroll each year to participate. FSA plans contain a “Use It Or Lose It” provision – please plan carefully! Should you leave the Company, benefits terminate on your last day of employment.

Healthcare FSA

Choice Plus Plan enrollees:
You can enroll in the healthcare FSA to cover eligible medical, prescription, dental and vision expenses. The entire election amount is available at the beginning of the plan year.

Health Savings Plan enrollees:
You can enroll in the healthcare FSA alongside your HSA to maximize savings. The entire election amount is available at the beginning of the plan year. Note: These funds are limited to qualifying dental and vision expenses.

Dependent Care Account (DCA)

A DCA allows you to put money aside for dependent care for children up to age 14, a disabled dependent of any age or a disabled spouse. You may receive reimbursement up to the current balance in your account at the time the request is made. To be eligible for a DCA, you and your spouse (if applicable) must work, be looking for work or be full-time students.

Using Your FSA Account

Enrollees will receive a WEX debit card for easy access to FSA funds. Simply swipe your debit card and avoid out-of-pocket costs. If you use your card at a provider with an Inventory Information Approval System (IIAS), the expense will automatically be approved at the point of sale. You may need to provide documentation to show the expense is eligible. Providing documentation is easy when you use your FSA’s mobile app. To find out which specific expenses are eligible, view the searchable eligibility list at wexinc.com/insights/benefits-toolkit/eligibleexpenses.

Mobile App

Learn more about the Discovery Benefits Mobile app
Access your FSA on the go 24/7 with the Discovery Benefits Mobile app. Our free app gives you convenient, real-time access to all your flexible spending accounts in one spot. This makes it easy to use your hard-earned dollars and view recent account activity without ever needing to call in.

With Discovery Benefits Mobile app, you can:

  • Get instant notifications on the status of your claims and upload documentation in seconds using your phone’s camera.
  • Check your balance and view account activity

Security on the go
Our mobile app uses secure encryption and won’t store pictures on your phone, keeping your documentation safe and secure. Login is protected by a four-digit passcode of your choosing. You can also log in with your thumbprint on apple devices.

Download the free app for iOS or Android devices.

Add Up Your Savings:

You save by reducing the amount of your earnings which are subject to federal income tax, FICA (Social Security) tax, and where applicable, state income tax. Exactly how much you save depends on how much you contribute each year and on your tax situation. Most people can save between $30 and $40 in taxes for every $100 contributed.

The bottom line: You keep more of your hard-earned money—instead of giving a portion to the IRS—by using tax-free dollars for expenses you face throughout the year. And with the various mobile and online resources available, spending your account funds couldn’t be any easier.

Learn More and Compare

Delve into the inner workings behind common health account types at www.myhealthsavingsinfo.org. Each account type has its own unique characteristics and advantages, and this site will deliver need-to-know information that can help you make informed decisions regarding these particular accounts.