Medical Flexible Spending Account Reembursements

[Guest Chris Freeman]

I am enrolled in my employers Cafeteria plan Medical Flexible spending account and have had payroll deductions for this purpose taken since the beginning of the year. I have submitted a claim which has been approved by the third party administrator.

The third party administrator has not received funds to cover this claim from my employer. Can some one tell me how long my employer can hold the funds before paying the administrator? In other words what do the statues say about how long I must wait for payment? I have contributed more to the fund this year than the claim is for. The claim is for over $500.00.

Thank you.

[Guest Nancy Cullins]

Review the Summary Plan Description for your employer's Medical Reimbursement Account. It must specifically state how frequently checks will be distributed.

Discuss what you find with your employer to see if their is a reason why you are unable to receive your reimbursement checks as stated in the SPD.

Normally, it is recommended that reimbursement checks be disbursed at least monthly and that a minimum of no more than $50 be stated as the minimum amount for which a check will be issued.

Good Luck!