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Employers Council on Flexible Compensation Comment Letter to Chairman of U.S. House of Representatives Committee on Ways & Means, on Repealing 'Use-It-Or-Lose-It' for Health FSAs (PDF)
Employers Council on Flexible Compensation [ECFC]
[Opinion] June 8, 2012
"Under the use it or lose it rule, health care FSA participants must either use all of their FSA dollars or forfeit them at the end of the plan year. ECFC has long supported efforts to overturn this rule either through legislative action such as the cash-out approach envisioned in the bipartisan H.R. 1004, the Medical FSA Improvement Act, or a 'roll over' put in place through regulatory action, which we fully believe the Administration has the authority to undertake."
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