When you have eligible health care expenses, pay for them with your payment card, or pay out of pocket and request reimbursement online. Your funds will be available for use on the first day of your plan year.Īccessing funds. You will contribute a predetermined amount to your account. Pay for dental and vision expenses with this great companion to a health savings account (HSA).įunding. Cover services like childcare, preschool, after-school care and senior care. Use a dependent care FSA to pay for the care of loved ones while you work, including childcare or care for dependent adults. Eligible expenses can include medical, dental, vision, hearing and prescription expenses, plus copays, coinsurance and certain over-the-counter (OTC) items. Plus, you'll save an average of 30% because you’re using pretax dollars.* Types of FSAs Health care FSAĪ health care FSA covers qualified health care expenses for you and your family. From bandages to braces, and contacts to chiropractors, use your FSA card and know you’re saving time and money. Pay the smarter wayįast-track your payments with your FSA card. Since you don’t pay taxes on this money, you save on every dollar you put into your FSA. Check your plan document and summary plan description or contact your benefits department for specific coverage details.An FSA allows you to set aside pretax funds to cover health and care costs for you and your family. Your employer sponsored plan may exclude reimbursement for certain categories of items. The Optum Store is an affiliate of the UnitedHealth Group family of companies. Additional shipping restrictions may apply. Free and expedited shipping offers do not apply to shipping outside of the contiguous United States. To apply a promotional code you must enter it prior to completing the order. Promotional codes are not transferable or redeemable for cash or credit. Additionally, the code cannot be used for prescription drugs or virtual care visits. The promotional code OPTFSA7, OPTHSA5 and OPTHRA7 cannot be applied to previously placed orders, and cannot be combined with other promotional codes. Please contact your plan administrator with questions about enrollment or plan restrictions. Please contact a legal or tax professional for advice on eligibility, tax treatment, and restrictions. Federal and state laws and regulations are subject to change. This communication is not intended as legal or tax advice. Employer-Sponsored Plans are not individually owned and amounts available under the Employer-Sponsored Plan are not FDIC insured. or ConnectYourCare, LLC (collectively, "Optum Financial") and are subject to eligibility and restrictions. Fees may reduce earnings on account.įlexible spending accounts (FSAs), dependent care assistance programs (DCAPs), and health reimbursement arrangements (HRAs), (collectively, “Employer-Sponsored Plans”) are administered on behalf of your plan sponsor by Optum Financial, Inc. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. nor ConnectYourCare, LLC is a bank or an FDIC insured institution. Health savings accounts (HSAs) are individual accounts offered through Optum Bank®, Member FDIC, or ConnectYourCare, LLC, an IRS-Designated Non-Bank Custodian of HSAs, each a subsidiary of Optum Financial, Inc.
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