What are Medical Flexible (FSA) Accounts?

A pre-tax benefit account used to pay for out-of-pocket healthcare costs such as deductibles, co-pays, prescribed medication, and other medical costs.
What is Dependent Care Accounts?

A pre-tax benefit account used to pay for dependent care services such as preschool, summer day camp, before or after school programs and child or elder  daycare.

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Plan Rules:

• Coverage through Medcom
• Plan year is from January 1- December 31 and employees must re-elect each year
• Only family status changes will allow you to change your annual election. The altered election must be consistent with the status change
• Married and not filing jointly participants limited to $2,500 deferral for Dependent Care
• Transfer of funds between the Dependent Care and Medical Care accounts are prohibited
• For a full list of eligible Flexible Spending Account expenses, please go to www.medcom.net

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Contact Campus Benefits for assistance with claims.

• Email: mybenefits@campusbenefits.com

• Call 1-866-433-7661, option 5

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What is covered under Medical FSA Account? 

• Medical coinsurance and deductible

• Doctor’s office visit copays

• Emergency Room costs

• Dental copays and out-of-pocket costs

• Vision copays and out-of-pocket costs

• Contacts and Glasses

• Prescriptions

• Please see the full eligibility list for other covered expenses

IMPORTANT NOTE: Dependent Care FSA is for eligible expenses related to the care of your child, disabled spouse, elderly parent, or other dependent who is physically or mentally unable for self-care (i.e. day care, adult day care) or is disabled. Medical expenses for your dependent are not eligible for reimbursement under the Dependent Care account.

Who is covered under a Dependent Care Account?

• Children ages 12 and under (including stepchildren, grandchildren, adopted or foster children, and children related to you who are eligible for a tax exemption on your federal tax return).

• Tax dependents residing with you and incapable of self-care (this could include your spouse, a child age 13 and over, and elderly parents).

The CARES Act permanently reinstates over-the counter products, and adds menstrual care products for the first time, as eligible expenses for your FSA funds WITHOUT A PRESCRIPTION!

Eligible items for purchase without a prescription now include, but are not limited to:

• Pain relief medications, e.g., acetaminophen, ibuprofen, naproxen sodium

• Cold & flu medications

• Allergy medications

• Acne treatments

• Eye drops

• Stomach & digestive aids

• Pads, Tampons and Menstrual sponges

• Sleep aids

• Children’s pain relievers, allergy medicines, and digestive aids