Tax Savings Accounts (FSA & HSA)

                               TYPES OF FLEXIBLE SPENDING ACCOUNTS (FSA)

General-Purpose Healthcare FSA

                                 (2019 Contribution Limit: $2,650)                                   (2020 Contribution Limit: $2,700)

 

Limited Purpose Dental & Vision FSA (For HDHP/HSA Enrolles ONLY)

                                     (2019 Contribution Limit: $2,650)                                      (2020 Contribution Limit: $2,700)

Pay for eligible out-of-pocket healthcare expenses with pre-tax dollars. Eligible expenses include medical, dental, or vision costs such as plan deductibles, copays, coinsurance amounts, and other non-covered healthcare costs for you and your tax dependents

 

Employees who enroll in the new High Deductible Health Plan(HDHP) and contribute to an HSA cannot contribute to the General-Purpose Healthcare FSA, but may enroll in the Limited Purpose Healthcare FSA, which will reimburse dental & vision expenses only.

 

Dependent Care FSA

( 2019 & 2020 Contribution Limit: $5,000)

Pay for eligible out-of-pocket dependent care expenses with pre-tax dollars. Eligible expenses may include daycare centers, in-home child care, and before or after school care for your dependent children under age 13. Other individuals may qualify if they are considered your tax dependent and are incapable of self-care. It is important to note that you can access money only after it is placed into your dependent care FSA account. All caregivers must have a tax ID or Social Security number. This information must be included on your federal tax return. If you use the dependent care reimbursement account, the IRS will not allow you to claim a dependent care credit for reimbursed expenses. Consult your tax advisor to determine whether you should enroll in this plan.

      PLEASE NOTE:  You may roll over up to $500 of your unused General Purpose Healthcare FSA or Limited Purpose Dental & Vision FSA balance           from one calendar year to the next. Any left over balances exceeding that $500 will be use it or lose it by December 31st. No remaining funds at                                       the end of the 2019 in your Dependent Care FSA can be rolled over, they all are use it or lose it. 

                                       HEALTH SAVINGS ACCOUNTS (HSA)                                     

Health Savings Account (HSA)

                            (2019 Contribution Limit: $3,500 for an individual | $7,000 for a family)                                                      (2020 Contribution Limit: $3,550 for an individual | $7,100 for a family)                                   (Add an additional $1,000 to the annual contribution limit if you are over 55!)   

A Health Savings Account allows individuals to pay for current health expenses and save for future qualified medical expenses on a pre-tax basis. Click here for a HSA Future Value Calculator. Funds deposited into an HSA are not taxed, the balance in the HSA grows tax free, and that amount is available on a tax free basis to pay medical costs. While most employees will qualify for an HSA, the IRS does have certain eligibility requirements to be able to take advantage of the triple tax savings an HSA account provides. 

                                                    You are only eligible for an HSA if you are:

  • Enrolled in an HDHP and not covered by another health plan (including a spouse’s health plan, but not including specific injury insurance and accident, disability, dental care, vision care, or long-term care coverage)
  • Not enrolled in Medicare
  • Not covered by your own or your spouse’s flexible spending account (FSA), and are not claimed as a dependent on someone else’s tax return

                                                      Click here for more information about the HSA

 

               REGISTRATION & REIMBURSEMENT FOR FSA & HSA ACCOUNTS

                                                                                        Register on the My SmartCare Online Portal

                                                                                    Click here for a My SmartCare Reigstration Guide.

Use your Social Security Number as your Employee ID and your FSA Benefits Debit Card number as your Registration ID when registering.

  • Employer ID: BCCSLO
  • Employee ID: Your Social Security Number

By registering your email address, you will receive important push notifications regarding your account balance, year-end reminders, notice of debit card mailed, etc. You can change these notifications to be delivered via text message under your My SmartCare account settings.

If you have questions regarding your account(s) or a specific claim, please contact: 

BCC’s Customer Service Center at 1-800-685-6100 (Customer Service Center hours are Monday - Thursday: 8:00am - 8:00pm ET / 5:00am - 5:00pm PT Friday: 8:00am - 6:00pm ET / 5:00am - 3:00pm PT.)

REIMBURSEMENT OPTIONS

Debit Card

My SmartCare App

Other Electronic

Paper Submission

Swipe your benefits debit card at the point of service deducts the payment directly from your account, giving you instant access to your FSA dollars.

Click here for an additional debit card request form. 

No Reimbursement Form required, just upload a picture of your receipt!

Fill out the Reimbursement Form & attach the receipt:

E-mail: [email protected] OR

Upload to File Transfer Portal: https://secure.benxcel.com

Fill out the Reimbursement Form & attach the receipt:

Fax: 412-276-7185

            OR

Mail: BCC, Attn: Claims Two Robinson Plaza, Suite 200 Pittsburgh, PA 1520

                                                                                      Click here for reimbursement method instructions.