{"id":6014,"date":"2013-08-19T10:11:42","date_gmt":"2013-08-19T14:11:42","guid":{"rendered":"http:\/\/blogs.nmc.edu\/?p=6014"},"modified":"2013-08-23T11:31:33","modified_gmt":"2013-08-23T15:31:33","slug":"benefits-corner-26","status":"publish","type":"post","link":"https:\/\/blogs.nmc.edu\/?p=6014","title":{"rendered":"Benefits corner"},"content":{"rendered":"

<\/i><\/b>A Flexible Spending Account (FSA) lets you enjoy tax savings of up to 40% for every dollar you spend on health care.\u00a0 As you begin to think about your benefits enrollment for 2014, consider an FSA if the health plan you choose allows this.\u00a0 Why might this be a good idea for you?\u00a0 Health expenses may be turned in at any time during the plan year. You can spend the money you\u2019re contributing all at the beginning of the year (even before you contribute enough funds to cover the expenses) or you can get reimbursed throughout the year.<\/p>\n

There are two ways to receive payment for qualified medical expenses from your health care account.\u00a0 If you have any other insurance coverage, then you must have a manual reimbursement.\u00a0 If not, then the automatic reimbursement may be the best method for you.<\/p>\n

Automatic reimbursement.<\/span><\/b><\/p>\n

If you and your covered dependents are covered by Priority Health, your medical or prescription drug copays, coinsurance or deductible expenses will automatically be reimbursed. There\u2019s no need to file a claim form.<\/p>\n

Manual reimbursement.<\/span><\/b><\/p>\n

For all other expenses, including vision and dental, just submit claim forms with proof of the expense and Priority Health will send you a check.<\/p>\n

If you have questions about your FSA, you can call Priority Health at the customer service number on the back of your insurance card.\u00a0 You can also check the status of your FSA online at your Priority Health member account.\u00a0 For more information on flexible spending accounts, click here for the<\/b>Priority Health FSA brochure.<\/b><\/a><\/b><\/p>\n

If you have questions about this or any other NMC benefit, feel free to contact HR at 995-1362 or 995-1025.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

A Flexible Spending Account (FSA) lets you enjoy tax savings of up to 40% for every dollar you spend on health care. 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