Understanding how your Health or Dependent Care FSA program works is extremely important. Here are the steps we suggest you take in order to fully utilize your benefit programs:

• review your employer's enrollment materials,
• go through the Eligible Expense List
• use the Tax Savings Calculator to estimate your savings,
• look at your out-of-pocket expenses from the past 12-18 months, and make note of fixed/regular expenses that you plan on continuing to have,
• sign up for your FSA program by the end of your open enrollment period,
• call ASIFlex at 1-800-659-3035 with questions,

Review your open enrollment information or speak with your benefit representatives to determine when you enroll and how you enroll in the Health and/or Dependent Care FSA programs. Remember that IRS rules stipulate that you are required to re-enroll in these programs every year, even if you do not want your election amount to change. Commonly claimed expenses include:

• co-pays, co-insurance and deductibles
• prescription drugs
• eyeglasses, laser eye surgery and contact lenses (and solution)
• dental care, including root canals, crowns, orthodontia, etc.,
• over-the-counter supplies such as Band-Aids, first aid kits, etc,
• call ASIFlex at 1-800-659-3035 with questions,

Submit your claims to ASIFlex for processing and get your money back fast....sign up for direct deposit, and your money comes even quicker. Remember that for your Health Care FSA, your full annual election is available to you on the first day of your plan year. Also, please review the claims filing requirements. For almost all expenses, you do not need to submit proof of payment. Rather, in order to be reimbursed you are required to submit documentation that includes:

• service date(s)
• service description
• amount you are responsible for
• name of your provider,
• name of the person receiving services,

Your insurance Explanation of Benefit (EOB) will almost always provide all of the necessary information.

ASIFlex has information on each available benefit program on its website. Review the information for each program so that you can be sure to maximize your benefits.

• Health Care FSA
• Dependent Care FSA
• Commuter Benefit Program
• Health Reimbursement Arrangement

You can always call ASIFlex directly at 1-800-659-3035 with any questions that you have.