FSA Announcements

  • The next opportunity to participate in the FSA is for the plan year beginning July 1, 2019 through June 30, 2020

    For those of you looking to contribute FSA funds to cover your insurance deductible and co-insurance, please keep in mind that this FSA plan year covers the first six months of next calendar year. 
     
    Beginning 1/1/20, you will need to re-satisfy your medical deductible/out-of-pocket maximum.

    To enroll, go to www.csONE.com and complete the online enrollment process.  The deadline for enrolling is May 31, 2019.


    Planning for your Deduction 

    When thinking about how much to put in an FSA next year, you will want to consider the following things: 

    • Effective 7/1/19, your pharmacy expenses will be subject to the same upfront out of pocket costs as your medical claims. This means...
      • For non-support staff you need to satisfy the full $400/$800 annual HRA upfront out of pocket costs before your HRA debit card is activated (unless you have available FSA funds to cover the cost).   
      • For support staff you need to satisfy the full $150/$300 annual HRA upfront out of pocket costs before your debit card is activated (unless you have available FSA funds to cover the cost).  The card will then only pay 90% of the remaining costs up to the HRA maximum - you will be responsible for the other 10% when you pick up your prescription.
    • The annual deductible and out-of-pocket maximum on your medical insurance starts over again January 1, 2020, so the funds you set aside in your FSA needs to be enough to cover the last six months of 2019 (7/1/19-12/31/19) and the first six months of 2020 (1/1/20-6/30/20).
    • How much do I (or my family) usually use services that require health insurance: doctor appointments, prescriptions, etc. This is different than how it worked in the past, you do not pay a "copay", instead you pay the doctor bill which are typically $100+ per visit (except well-visits, which are now free under the new plans)
    • Keep in mind that even if you typically use $0 during the year (meaning you only attend 1 "well-visit" to your doctor) so you decide that you don't need an FSA, you are exposing yourself to potentially paying up to $800 out of pocket if you have an emergency/accident. 
    • The plan will allow a carryover of up to $500.  This means employees can carryover up to $500 in unused FSA funds into the 7/1/19 - 6/30/20 plan year.  Carryover funds are only available for one year. Dependent care FSA funds cannot be rolled over.

    For more details on the FSA and dependent care accounts, visit the FSA/DCA Frequently Asked Questions page.


Flexible Spending Account (FSA) Basics

  • Defintions

    Health Reimbursement Arrangement (HRA): These are the funds paid for by the district to help cover out-of-pocket medical expenses once you have met your HRA deductible

    Flexible Spending Account (FSA): These funds are paid for by the employee through payroll deduction (if you signed up for one).  FSA funds will automatically be used first to cover out-of-pocket expenses until the HRA deductible is met.


    What an FSA Does

    Eligible employees may participate in a flexible spending account (FSA) benefit program for unreimbursed healthcare and child care expenses offered by the District through IRS Section 125 Regulation “Cafeteria Plan”, as allowed by law. 

    The plan year for the FSA runs fron July 1 through June 30.  The open enrollment period is May 1 - May 31 for a July 1 effective date. 

    If we do not receive your completed forms as outlined below during the open enrollment, you will not qualify for participation in the flexible spending account plan for the upcoming plan year beginning July 1 through June 30.  


    Carryover of Funds

    The plan will allow a carryover of up to $500 for health FSA.  This means employees can carryover up to $500 in unused health FSA funds one plan year to the next.  Dependent care FSA does not allow carryover.

    Carryover funds are only available for one plan year.  Any remaining carryover funds at the end of the plan year shall be forfeited. The Plan also provides for a 45-day period to submit claims after the end of the plan year (e.g., employees will have until August 14th to submit claims for the plan year ending June 30).

    In order to elect to participate in the flexible spending account, employees must enroll online at www.csONE.com or complete and submit an FSA Enrollment Form to Human Resources by the deadline above (or within 30 days of hire for new hires). FSA payroll deductions will be taken on the following frequency depending on group:

    • Teachers: 22 paychecks
    • 12-Month Employees: 26 paychecks
    • School-Year Support: 20 paychecks

    Maximum Annual Contribution:

    The maximum annual contribution for all Support Staff is $800 for medical FSA.  The maximum annual medical FSA contribution for teachers, administrators and other exempt level professionals is $2,500. 


    Questions

    If you have questions related to the reimbursement process or claims, please call csONE at 888-227-9745 x 2040.  

FSA Forms and Documents