Guest ladler Posted July 31, 2001 Posted July 31, 2001 A vendor has suggested that our company establish personal care accounts for the employees. The vendor is suggesting that the employees use their health FSA monies for any medical expenses before such expenses will be paid out of the personal care account. Can someone explain what is a personal care account (and how it works), and whether the employee can be required to receive reimbursements from the health FSA before receiving any monies from the personal care account (and ultimately, the insurance plan)?
Lisa Hand Posted August 2, 2001 Posted August 2, 2001 Like Kip, I am not sure what your vendor is talking about. More information is required for a proper response. Any valid medical expenses usually must be processed through insurance, if they are eligible for insurance, before they are submitted to the medical FSA since it is reimbursement for unreimbursed expenses. But another account which requires submission to the medical FSA before the expense is considered...? Are they suggesting this would be part of your Section 125 Plan? Part of your health plan? Who is putting in the money? Why is it a good idea?
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