What are Health Care Reimbursement Accounts?
Health Care Reimbursement Accounts enable you to pay for expenses which are not covered by our insured medical plan and save taxes at the same time. These accounts allow you to set aside monies on a pretax basis and then be reimbursed by us for out-of-pocket medical, dental and vision expenses incurred by you and your dependents from these monies. The expenses which qualify are those permitted by Section 213 of the Internal Revenue Code. You may not use these accounts for the cost of health care coverage maintained outside of the Plan.
Related Questions
- Can I use contributions from my Health Care Reimbursement Account to pay for charges incurred by my child or spouse?
- Are over-the-counter items eligible for reimbursement under the Health Care Spending Account plan?
- Does the grace period apply to both the Health Care and Dependent Care Reimbursement Accounts?
