WageWorks is the Flexible Spending Account (FSA) plan administrator. FSAs allow you to pay certain health and dependent care expenses using pre-tax dollars. Learn more about how a WageWorks FSA can save you money by viewing Save Smart, Spend Healthy.

Once you open an FSA account, you must use the funds within the plan deadlines. If you do not use the funds, you will lose them. See important deadline information below.

2013 FSA Deadlines

Health Care
Start spending: January 1, 2013
Incur eligible expenses by: March 15, 2014
Submit claims by: June 15, 2014

Dependent Care - Deadline Extended
Start spending: January 1, 2013
Incur eligible expenses by: March 15, 2014
Submit claims by: June 15, 2014

Health Care FSA

If you enroll in a health care flexible spending account you can use your WageWorks Visa debit card to pay for eligible health care expenses.

At the beginning of the plan year, you will have access to the full annual amount of your health care FSA. There is no need to wait until the account is paid to use the funds.

You may contribute up to $2,500 in a health care FSA. Eligible health care expenses include medical, dental and vision copays, prescription drugs, and deductible expenses. Please remember that certain over-the-counter items now require a physician’s prescription in order to be submitted as an eligible expense. To view eligible expenses, click here.

The University’s FSA plan offers a grace period that runs between January 1st and March 15th of each year.  The grace period allows you to continue to incur expenses in the current year while using up any remaining balance from your prior year’s FSA. 

If you swipe your FSA card during this period, please remember that the card will pull any remaining balance from the prior year before using current year FSA funds.

If you submit paper claims, they will also pull any remaining balance from the prior year before using current year FSA funds.

If you’ve used up your prior year balance with grace period claims but still have prior year claims left to file, please contact Benefits Administration for assistance with reversing the grace period claims.  By doing this, you can be reimbursed for your prior year claims from your prior year funds and your grace period claims from your current year funds.

Dependent Care FSA

Unlike Health Care FSAs, Dependent Care FSAs only allow you to receive reimbursement up to the actual amount in your account at the time the claim is filed. The WageWorks Visa debit card may not be used for Dependent Care expenses.

You may contribute up to $5,000 in a dependent care FSA. Click here to view a list of eligible dependent care expenses.

FSA Payment Options

WageWorks makes it as easy as possible to use your FSA. You can pay for eligible expenses in three ways:

1. WageWorks Health Care Card: Use your prepaid (Visa) card at points of purchases such as physician offices and pharmacies (can only be used for the health care FSA).

2. Pay My Provider: You can set up an automatic bill pay system that requires no receipts or claims forms.
Click here to read more about the “Pay My Provider” option.

3. Pay Me Back: Paper-based claims forms that provide rapid turnaround, real-time online visibility, and direct deposit options.

FSA Additional Information

What is Wage Works?
Wage Works Mobile
Wage Works Webinar
Real Examples-Real Savings
FSA & Orthodontia
FSA Health Care Reimbursement Form
FSA Dependent Care Reimbursement Form

Contact WageWorks
www.wageworks.com
1-877-924-3967