What expenses are eligible for flexible spending account?
Eligible expenses include health plan co-payments, dental work and orthodontia, eyeglasses and contact lenses, and prescriptions. This type of FSA is offered by most employers. It covers medical, dental, vision, and pharmacy expenses. If you have a Standard FSA, you are ineligible for contributing to an HSA.
Who is covered under FSA?
You can use funds in your FSA to pay for certain medical and dental expenses for you, your spouse if you’re married, and your dependents. You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums.
What is the difference between Dcfsa and Hcfsa?
A Health Care FSA (HCFSA) pays for the qualified medical expenses not covered or reimbursed by your FEHB plan or any other type of health care plan. The DCFSA does NOT pay for medical care for your dependents.
What services are covered by FSA?
FSA Eligible Expenses – Services
- Acupuncture.
- Alcoholism and Drug Addiction treatment.
- Ambulance services.
- Annual physical examination.
- Body scan (electronic)
- Chiropractor.
- Dental treatments (most)
- Disabled dependent expenses for medical care.
Is teeth whitening covered by FSA?
FSA plans do not cover any form of cosmetic dentistry. The plans do not cover teeth whitening, veneers or cosmetic orthodontia.
Are eyeglasses FSA eligible?
It is permitted to use an FSA or HSA to cover the cost of prescription eyewear. An FSA or HSA can be used to pay for the following types of eyewear: Prescription eyeglasses, including reading glasses, progressive multifocals and bifocals. Eyeglass frames (without lenses)
Can I have both FSA and Dcfsa?
If you have both health care and dependent care expenses, you can contribute to both a Health Care and Dependent Care FSA. During setup, you’ll be able to choose separate amounts for each type. FSA + DCFSA: People can have both FSA and DCFSA to cover medical expenses and non-medical dependent care expenses.
Can I have a Hcfsa and a Dcfsa?
Generally no, the Health Care FSA (HCFSA), Limited Expense Health Care FSA (LEX HCFSA) and Dependent Care FSA (DCFSA) are separate accounts, and money cannot be transferred between or among them.