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Flexible Spending Account


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Guest TPA4ADAY
Posted

Participant had the option of participating in Employer's group health plan. The employer pays half of the employee's premium and the employee pays the other half, plus dependent coverage.

The Participant obtained individual coverage and has elected not to participate in the group health plan.

May the Participant still participate in the flexible spending account, i.e., pay co-pays, prescriptions, etc. through the plan?

Posted

Participation in a group health insurance plan is not required for partcipation in a FSA, unless dictated by the plan document.

Is there some reason for your concern ?

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

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