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People also ask
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What is health care flexible spending account WageWorks?
With a WageWorks Healthcare FSA, your employees can use tax-free funds to pay for eligible out-of- pocket medical, dental, and vision care expenses for themselves and their families. A WageWorks Healthcare FSA makes it quick and easy for your employees to pay and be reimbursed for eligible healthcare expenses.
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What can you buy with health care flexible spending account?
Allowed expenses include insurance copayments and deductibles, qualified prescription drugs, insulin, and medical devices. You decide how much to put in an FSA, up to a limit set by your employer. You aren't taxed on this money.
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What can I purchase with my FSA card?
You can use funds in your FSA to pay for certain medical and dental expenses for you, your spouse if you're married, and your dependents. You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums.
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How do I use my flexible spending account for health care?
With an FSA, you submit a claim to the FSA (through your employer) with proof of the medical expense and a statement that it hasn't been covered by your plan. Then, you'll get reimbursed for your costs. Ask your employer about how to use your specific FSA.
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What do flexible spending accounts allow for?
A Flexible Spending Account is an employee benefit that allows you to set aside money from your paycheck, pre-tax, to pay for healthcare and dependent care expenses. Unlike a Health Savings Account (HSA), an FSA is not administered by your health insurance. However, it can still help you save money on income taxes.
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Can I use my FSA card to pay Carecredit?
Please note: Payment by FSA/HSA or credit card is not available. Payments are also not accepted directly at your provider's office as well. If you think you are going to have to pay late, call us at (866) 893-7867 before the payment due date as we may be able to offer you choices that fit your needs.
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What can you pay for with a healthcare flexible spending account?
Allowed expenses include insurance copayments and deductibles, qualified prescription drugs, insulin, and medical devices. You decide how much to put in an FSA, up to a limit set by your employer. You aren't taxed on this money.
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Can FSA be used for groceries?
Food is not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).
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