Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will the Plan Year 2009 extension affect my Flexible Spending Account?

0

he FSA Plan Year 2010 will be begin on July 1, 2009 and will end on June 30, 2010. When estimating your annual Health Care FSA contribution, you will need to consider your out-of-pocket costs for any medical services and applicable remaining deductibles that you will occur in the current plan year. In addition, you will also want to consider your out-of-pocket costs for the new plan year beginning November 1, 2009 (e.g., deductibles for medical, dental and prescription benefits that will start over on November 1, 2009). What plan design changes can I expect on November 1, 2009? This information will assist me in determining what my out-of-pocket costs will be for the remainder of this plan year, as well as the new plan year beginning November 1, 2009. The following Self-Funded PPO Plan design changes were tentatively approved by the PEBP Board for Plan Year 2010: Self-Funded PPO Plan Elimination of ADD/ADHD benefits for psychiatric evaluations, counseling services and neurotherapy serv

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123