[ FINANCIAL ]
FLEXIBLE SPENDING ACCOUNTSThe Flexible Spending Accounts (FSA) let you pay for eligible expenses tax-free.
HOW DO THE FSAs WORK?
For each account in which you enroll, you choose how much to contribute (up to IRS limits). The money you contribute is taken out of your paychecks pre-tax, which lowers your taxable income for the year.
You may contribute to the following accounts:
- Health Care
- Limited Purpose Health Care (if enrolled in the HDHP)
- Dependent Care
- Commuter
HEALTH CARE
Use the Health Care FSA to cover eligible medical, dental and vision expenses not paid by your insurance plan, including deductibles, copays and coinsurance amounts. It also can cover many common health care purchases including certain over-the-counter medicines, saline solution, first-aid supplies, and certain feminine hygiene and menstrual care products. This FSA option is not available if you’re enrolled in the HDHP option, per IRS rules.
You can contribute up to $3,300 (based on 2025 IRS limits).
LIMITED PURPOSE HEALTH CARE
This account is available only if you’re enrolled in the HDHP medical plan, per IRS rules for HSAs. It covers eligible dental and vision care expenses only, and medical expenses after you have satisfied your deductible under the plan.
You can contribute up to $3,300 (based on 2025 IRS limits).
DEPENDENT CARE
This account can be used for childcare services for your eligible dependent children under age 13, or for services to care for other qualified dependent family members including elder care.
You can contribute up to $5,000 in 2025. If your spouse also has access to a Dependent Care FSA, your combined total contribution may not exceed $5,000; if filing separate tax returns, each may contribute $2,500.
COMMUTER
This account covers eligible transit and parking expenses related to your commute to work, up to $325 per month (2025 IRS limit), including:
- Mass transit, including the price of tickets, vouchers and passes to ride a subway, train, or city bus, or the cost of transportation in a van pool
- Parking, including in lots, garages and meters
Note that you can only use the funds that are available in your account. Because the money is set aside through deductions from each paycheck, you must wait to be reimbursed until after the first deduction has been made. Additionally, unused funds can carry over from one month to the next provided you continue to participate in the plan. Commuter elections can be stopped or changed anytime.
HOW TO PAY FOR COVERED EXPENSES
If you are new FSA participant, you will receive welcome materials from Inspira after you enroll, including a debit card and further information. If you re-enroll, your current debit card will remain active until the expiration date noted on the card (if applicable). For health care, some services do not require claims processing first (such as at the pharmacy), so you can pay at the point of service. Be sure to keep your receipts. Our FSA administrator, Inspira, may request you provide receipts and/or Explanation of Benefits (EOBs).
Manage your dependent care and commuter expenses through the Inspira site or mobile app.
Contact Inspira if you have questions about a claim or how to pay for a covered expense.