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US Flexible Benefits Update 78 - Flexible Benefits Plan

US Flexible Benefits Update 78 - Flexible Benefits Plan

To: Participating Boards and Eligible Employees

From: Howard Van Mersbergen, Vice President of Employee Benefits

Flexible Benefits Plan - Participant election options

Key Features of the Plan - Designed for savings and speed

Eligibility - Must match eligibility for health coverage

Enrolling for Plan Year Beginning September 1, 2021 - Enrollment form available online

Navia Participant Portal - Navia benefit solutions participant portal access

Benefits Debit Card - You have easier access to funds through a debit card

Using the Health FSA with HSA Plans - Federal regulations limit the use of FSAs with HSAs

$500 Carry Over - $500 of unused contributions can be carried over to following plan year

Deadline for Submitting Claims - Submit claims before November 30

COBRA for the Flexible Benefits Plan - COBRA Administration is provided by CSI

Plan Document, SPD, Non-Discrimination Testing and 5500's - Federal regulations

Employer Contributions to the FSA - Limits on employer contributions to FSAs

Contacting Us for Support - Contact us if you have questions or need assistance