Not for municipalities

Overview

The GIC's Health Care Spending Account (HCSA), administered by ASIFlex, help you save money on out-of-pocket health and dental care expenses on a pre-tax basis. On average, state employees save $300 in federal and state taxes for every $1,000 contributed.

Eligible Expenses include:

  • Physician office visit and prescription drug copayments
  • Medical deductibles and coinsurance
  • Eyeglasses, prescription sunglasses, and contact lenses
  • Orthodontia and dental care
  • Hearing aids and durable medical equipment
  • Smoking cessation and birth child classes
  • Chiropractor and acupuncture visits

Download the Flexible Spending Account Brochure pdf format of FSAbrochurespring2016.pdf
 for an overview. For a comprehensive list of covered expenses, download the list of eligible expenses doc format of FSA_eligibleexpenses.doc
.  Use the HCSA worksheet docx format of FSAworksheetspring2016.docx
to estimate your HCSA expenditures.  

Eligibility and Monthly Fee

Active state employees who are eligible for GIC health benefits are eligible to enroll in the HCSA . For the 2018 fiscal year, the monthly administrative fee for HCSA alone, DCAP alone, or HCSA and DCAP combined $2.50 on a pre-tax basis.

Enrollment

HCSA & DCAP Open Enrollment

April 5  - May 3, 2017 for coverage effective July 1, 2017

Open enrollment for Flexible Spending Account benefits will take place April 5 - May 3, 2017 for fiscal year benefits effective July 1, 2017.  For the fiscal year, participants can contribute $250 to an increased maximum of $2,600 through payroll deduction on a pre-tax basis. Participants must re-enroll each open enrollment period online. For online re-enrollment instructions, refer to the FSA forms page.

New Employees
New state employees and employees who have a qualifying status change during the year may enroll for partial-year benefits. For HCSA, new hire benefits begin at the same time as other GIC benefits.

Reimbursement

All HCSA participants receive two free debit cards from ASIFlex pay for health care expenses out of their HCSA account. Additional cards for other covered dependents may be ordered for $5.00 per set of two cards. Alternatively, as you incur health care expenses, submit a claim form and receipt to ASIFlex to receive reimbursement by check or direct deposit, depending on which option you have selected. ASIFlex has an online tool and mobile app to help you expedite your claims submission. As required by the IRS, keep copies of all HCSA receipts with your tax documents. 

Download the wallet card pdf format of GIC_Wallet_Card.pdf
that gives you handy access to the information you’ll need from the provider for substantiation purposes.

2½ Month's Grace Period

It’s important to consider your election carefully.  Because of the tax benefits of FSAs, the IRS imposes a strict “use-it-or-lose-it” rule, which means money left in a pre-tax account at plan year end is forfeited.  However, you’re given additional time with the 2½ month grace period to use your benefits. For the 2018 fiscal year, you have until September 15, 2018 to incur claims and until October 15, 2018 to submit claims for reimbursement to submit claims for reimbursement.

Contact ASIFlex; 1-800-659-3035

Manage Your Account Online

ASIFlex website

  • Account Balances
  • Claims Received
  • Claims Processed
  • Dates when Checks were Paid
  • Download Forms

Handbook

2017 Flexible Spending Account Handbook  pdf format of FSA_handbook_FY17.pdf


This information provided by the Group Insurance Commission .