Flexible Reimbursement Accounts (Flexible Spending Accounts) allow you to set aside part of your pay each pay period on a pre-tax basis for one, or both, of these accounts:

• Medical Reimbursement Account to pay for the out-of-pocket medical, dental, and vision care expenses not covered by your health benefits plan.
• Dependent Care Reimbursement Account to pay expenses for the care of your child, disabled spouse, elderly parent, or other dependents who are physically and mentally incapable of self-care so that you (and your spouse) can work or actively seek work.

Participation is optional.  The minimum amount employees can contribute is $10 per pay period ($240 per year) or $208 per pay period ($4992 per year).  You must use all of your account money by the end of the plan year; otherwise, you do not get it back – USE IT OR LOSE IT.

Every year, employees are eligible to make changes to their flex account election and/or enroll for a July 1 effective date.  The Annual Open Enrollment period is announced every April. Outside of this open enrollment period, employees can only enroll or change their flex account within  31 days of a qualifying mid year event..  Employees are not required to participate in the health insurance plan to take advantage of the Flexible Reimbursement Accounts.

• Forms
  • EZ Reimbursement Enrollment Form (PDF | 305KB)
  • FBMC Claim Form (PDF | 13KB)
  • Flexible Reimbursement WorkSheet (PDF | 81KB)
  • EZ Reimbursement FAQ (DOC | 94KB)
  • Flexible Reimbursement Book (PDF | 637KB)