Limited-Purpose FSA and HSAs
Posted in Legislative Updates on March 14th, 2012 by Richard Lehr – Comments Off
In response to several questions we have been asked, Limited-Purpose and Post-Deductible Health Flexible Spending Accounts (FSAs) both are considered health FSAs that CAN work with a High Deductible Health Plan (HDHP). A limited-purpose health FSA pays or reimburses only permitted covered benefits, such as vision care, dental care, or preventive care, while a post-deductible health FSA pays or reimburses only medical expenses for preventive care or medical expenses incurred after the minimum annual HDHP deductible is satisfied. An eligible individual covered by a post-deductible health FSA is an eligible individual for the purpose of contributing to the HSA. Currently, there are no regulatory claims limits specific to limited-purpose FSAs.
The U.S. Department of Labor has released new certification forms for leave under the Family and Medical Leave Act (FMLA). The new forms carry an expiration date of February 28, 2015, and replace forms that had a December 31, 2011, expiration date. This update impacts administration by employers of 50 or more employee. 
the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that we can be. ” Zig Ziglar.