No Changes in 2017
There are no changes for Flexible Spending Accounts (FSA) in 2017. ConnectYourCare remains OU's FSA administrator. ConnectYourCare offers convenient phone apps and online planning tools. Visit the ConnectYourCare website
to learn more.
Current FSA Participants
As required for all FSA providers, ConnectYourCare may request documentation from you to remain in compliant with IRS regulations. Remember, keep your receipts and Explanations of Benefits from your providers for every claim you make to ConnectYourCare.
Deadlines Remain the Same
You may incur healthcare FSA expenses until March 15th of the following year and dependent daycare expenses until December 31st of the plan year. You have until April 15 to submit eligible claims to ConnectYourCare.
HSA Medical Insurance and Healthcare FSA
An employee who enrolls in the HSA medical insurance plan CANNOT also participate in the Healthcare FSA.