Contributions

• FSAs are funded by pre-tax contributions by an employee and/or employer (typically funded by employee only).
• Employer determines maximum contributions.
• Funds are available as long as individual remains with employer.
• Unused funds are forfeited at year-end.
• An FSA can be used with any health plan.

Distributions

May be used for:

• qualified medical and prescription costs that count toward deductible;
• copayments for doctor visits and prescriptions;
• any applicable coinsurance;
• certain over-the-counter medical products.

See IRS Pub 502 to view a list of qualified medical expenses.

* FSAs and HRAs are administered by AmeriHealth Administrators, Inc.