top of page
Calculate Savings

FLEXIBLE SPENDING ACCOUNTS

What are Flexible Spending & Dependent Care Accounts?

 

Flexible Spending 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.
 

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. 

Plan Rules:

  • Eligibility: Full-time employees working 20 or more hours per week, bus drivers working 15 or more hours per week, spouse, and tax dependent children (up to age 26; Dependent Care children up to age 13 and adults for adult daycare)

  • Coverage through Consolidated Admin Services

  • Plan year is January 1 - December 31 and employees must re-enroll 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 not  allowed

Contact Campus Benefits for assistance with claims.

Email: mybenefits@campusbenefits.com

Call 1-866-433-7661, option 5

Contact CAS - 1 (877) 941-5956

CAS Member Website

consolidated admin services.png

What is covered under a Medical FSA Account?

  • Medical coinsurance and deductible

  • Doctor's office visit copays

  • Emergency Room Costs

  • Dental copays & out of pocket costs

  • Vision copays and out of pocket costs

  • Contacts and Glasses

  • Prescriptions

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 up to age 13

    • Biological children

    • Step children

    • Grandchildren

    • Adopted children

    • Foster children

  • Tax dependents residing with you & incapable of self care

    • Could include spouse and elderly parents

The CARES act permanently reinstates over the counter products and adds menstrual care products 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

  • Cold & Flu medications

  • Allergy medications

  • Acne treatments

  • Eye drops

  • Stomach & digestive aids

  • Pads, Tampons, and Menstrual sponges

  • Sleep aids

bottom of page