Am I eligible to use a Dependent Care FSA?

In most cases* you are eligible to use a Dependent Care FSA if you are using it to provide care to a qualified person and if the care provided to the qualified person enables you to be: gainfully employed look for work If you are married, the care must also enable your spouse to: work […]

What OTC items are eligible with an FSA or HRA?

It can be confusing to figure out which items are eligible under a pre-tax account. This list* provides some guidance on the kinds of OTC items that are eligible, when you might need a prescription or certificate of medical necessity, what a dual purpose item is, and OTC items that are not eligible. Click here […]

How do I submit a requested receipt?

Option 1: Submit receipts online Log in to BRiWeb using your Login ID and Password. If you are logging in for the first time, you will need to complete the Register an Account process. From the home page, select Submit Claims / Receipts. If you have outstanding receipt requests, these will be displayed. Follow the prompts to […]

When do I need to submit my FSA claims?

FSA Claims need to be submitted by the date and cut-offs outlined in your plan documents. Benefit Resource provides this information in the Plan Highlights, which can be found in the Documents section of the BRiWeb Participant login. You may also contact your employer benefits administrator.

What is an itemized receipt? How do I get one?

An itemized receipt must contain the provider name, type of service, date of service, and cost of service. For health care expenses, a copy of your Explanation of Benefits (EOB) typically contains all the required information. You can generally access this information from your health plan login site if a copy is not automatically mailed […]

Why was my transaction even approved if I still need to submit documentation?

In order to provide you with instant access to your account funds and prevent you from having to use other personal funds, the Beniversal Card is designed to work at all providers/merchants that primarily provide eligible products and services. We then review the transactions against all available data and only request receipts when we do […]

How Does the Beniversal FSA Work?

The Beniversal FSA provides convenient and seamless access to your Flexible Spending Account by combining the Beniversal Prepaid MasterCard®, online and mobile account access and personalized service options. The Beniversal Card The Beniversal Prepaid Mastercard provides you with real-time access to your account funds to pay for eligible health care expenses. Benefit Resource uses information from the […]

Will Dependent Care funds be allowed to roll over into subsequent plan years?

A temporary ruling from Congress has allowed employers the option to allow Dependent Care FSA to rollover from plan years ending in 2020 into 2021 and plan years ending in 2021 into 2022. Please refer to your plan highlights to determine if your employer has opted into this. If your employer has not chosen this […]

When will rollover funds be available?

Effective July 1, 2021, FSA rollover funds will be made available to plan participants two business days after the 15th of the month following the end of the prior plan year. Plan years beginning prior to July 1, 2021 will still be subject to rollover after their runout period and denial grace period have passed. […]

What is the FSA rollover option?

Notice 2013-71 modifies the use-or-lose rule to allow participants to rollover up to $500 into the next Plan Year. Note: The IRS does not require plans to include the rollover option and employers can set the rollover limit up to $500. Please refer to your Plan Highlights to see if a rollover option is available […]

What OTC items are not eligible for reimbursement?

OTC items are not eligible for reimbursement if they are normally used for general health, are not used to treat a medical condition (e.g. toothpaste, mouthwash, lotion, shampoo) or are cosmetic in nature (e.g. teeth whitening products, wrinkle reducers). See additional examples in the OTC Chart.

What documentation do I need to submit for reimbursement of eligible OTC items?

Along with your completed claim form, you must submit an itemized receipt that includes the following information: Name of the provider Date of the purchase Name of the item being purchased Your out-of-pocket cost for the service Your signature on the claim form certifies that the item qualifies as an eligible expense under IRS regulations, […]

What requirements must be met for an OTC item to be eligible for reimbursement?

To be eligible for reimbursement: A medical item must be used “primarily for the prevention or alleviation of a physical or mental defect or illness.” It cannot be used unless it is for a particular medical condition. A drug or medicine requires a prescription from your medical provider. The item must be used by the […]

Can I purchase large quantities of OTC items?

Reasonable quantities of eligible OTC items are reimbursable if purchased for either existing or imminent medical conditions. If large quantities are necessary for the treatment of an existing condition, the medical provider must indicate on the Certification of Medical Necessity form that the quantity being purchased is necessary for the treatment of a diagnosed medical […]

Are all OTC items eligible for reimbursement from my Medical FSA?

Effective January 1, 2011, the rules changed regarding what is an eligible over-the-counter (OTC) item for reimbursement from a Medical FSA, HRA or HSA. OTC drugs and medicines require a prescription Health Account funds may no longer be used for OTC drugs and medicines (other than insulin) without a prescription from a medical provider. This […]