FAQs

With a Health Care FSA (HCFSA) and a Limited Expense Health Care FSA (LEX HCFSA), you have access to the full amount of your annual allotment (FSA contribution), even before the entire annual allotment has been deducted from your paycheck. Once your employment is verified, you can use your full HCFSA or LEX HCFSA to pay for eligible health care expenses from the very first day your account became effective.

Example 1: A participant elected $2,000 for their HCFSA for the benefit period (plan year). On January 15, the participant's spouse incurred $1,000 in dental expenses. Although the participant has not yet contributed $1,000 into their HCFSA, the participant can still receive a reimbursement for $1,000.

Example 2: During Open Season, an employee enrolled in a HCFSA as a new participant and elected $1,000 for the benefit period. On New Year's Day (first day of the benefit period), the employee slipped on the ice and fell. The employee later went to the emergency room where an X-ray revealed a broken wrist, which was set. The employee's emergency room expenses are eligible for reimbursement under their HCFSA. Since it's so early in the benefit period, the employee has not had a single allotment taken from their paycheck, but they can submit expenses and receive reimbursement for up to the full $1,000 election amount.