What is the Health Care Account?
The Health Care Account assists in funding eligible out-of-pocket health care expenses. Participants make pre-tax Contributions by payroll deduction and the Contributions are allocated to an account maintained on the participant’s behalf by the University. After paying an eligible out-of-pocket expense, a tax-free reimbursement check may be received from the account. The result of paying for dependent care expenses through the FSA Plan may be lower income taxes and, often, an increase in take-home pay.
