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By educating employees on letters of medical necessity, benefit managers can help them make their money go further.
If a device is necessary for treating or monitoring a specific medical condition (and not just general wellness), it could be ...
Under the provisions of the Family and Medical Leave Act, you retain the right to maintain your contributions to your ...
ON THIS PAGEFSAHSAWhich Is Right for Me?There are two main types of accounts available for tax-free savings to use for health ...
A flexible spending account (FSA) is a benefit some companies offer so employees can efficiently manage their health care expenses. With it, you can save on certain out-of-pocket medical expenses.
In contrast, an FSA is offered by employers and lets you set aside pre-tax dollars for healthcare costs, but it typically has a 'use-it-or-lose-it' policy. Both HSAs and FSAs offer significant tax ...
The FSA contributions limit for 2025 is $3,300, that’s up from $3,200 the previous year. If your spouse has a plan through their employer, they may also contribute up to $3,300 through payroll ...
Funds from a flexible spending account (FSA) ... You can use FSA funds for medical expenses not covered by your health plans, such as a deductible or co-pay, among other things.
The contributions for both accounts are tax-free, but a core difference is that medical FSA funds are immediately available for use, while HSA funds are available as contributions are made.