FSA - 2022 updates

Flexible Spending Accounts Just Got More Flexible (2020 and 2021 only)

COVID relief legislation allows us to make changes to improve your Flexible Spending Account and/or your Dependent Care Flexible Spending Account. We know it’s been a tough year (almost two) and we’re so proud of the work we’ve all accomplished together. So, we’re taking the opportunity to make these benefits work better for you!

READ THE APPROVED SUMMARY OF MATERIAL MODIFICATIONS

Effective immediately, here’s what’s happening:

1. Half Hollow Hills is increasing the FSA carryover amount for 2020 and 2021

All unused funds from your Healthcare FSA plans and Dependent Care FSA plans will carry over to the following plan year. Even if you did not re-enroll in a FSA for 2022, you may still be able to use the funds remaining in your account from both 2020 and 2021.

2. Half Hollow Hills is temporarily increasing qualifying dependents from age 13 to age 14.

If you had a qualifying dependent who turned (or will turn) age 13 during the 2020 or 2021 plan years, you may be able to use any unused funds* from those plan years for qualifying expenses for that child until they turn age 14.

* To qualify for this relief, enrollment in the DCFSA prior to January 31, 2020 is required.

Change in FSA systems takes effective January 1, 2022

The program is still called WageWorks, but now it will be managed by HealthEquity, not TakeCare.

FOR 2021 EXPENSES – “TakeCare by WageWorks” - www.takecarewageworks.com

The run-out for the plan year ending 12/31/2021 will be administered under the current TakeCare by WageWorks platform.

• The last day existing cards will work will be 12/31/2021.

• Members have until 12/31/2021 to incur expenses to go towards any remaining funds in the 2021 plan.

• Members have until 3/31/2022 to submit claims for the 2021 plan.

• 2021 claims will be submitted using the TakeCare by WageWorks methods:

o Via their member portal at www.MyFlexOnline.com

o Download the MyFlexMobile app from the iTunes Store or Google Play

o Download Health Care Claim For or Dependent Care Claim Form from website – where to send is on the form:

• 1. Fax: (877) 782-8889

  2. Email: claims@takecareclaims.com

  3. Mail: Claims Adminstrator, PO Box 14054, Lexington, KY 40512

FOR 2022 EXPENSES – “HeathEquity” - wageworks.com/employees/employee-benefits-account-management/

• Members should expect to receive their new HealthEquity debit cards within 10-15 business days after the enrollment data has been processed. Contact tmcnamee@hhh.k12.ny.us if there are errors with your card.

• The effective date of HealthEquity FSA debit cards (Healthcare FSA only) is 1/1/2022.

• There is no debit card for Dependent Care FSA accounts

• First payroll deduction will be 1/7/2022 and will be collected 20 times during the school year (2 times per month)

• If members need to file for reimbursement under the HealthEquity platform, the methods are:

o Via the members portal wageworks.com/employees/employee-benefits-account-management/wageworks-web-portal/

o Download the WageWorks EZ Receipts mobile app¹ for FSA plans at healthequity.com/mobile-app mobile app or from the iTunes Store or Google Play

o Download Health Care Claim For or Dependent Care Claim Form from website – where to send is on the form:

• 1. Fax: (877) 353-9236

  2. Mail: Claims Administrator, PO Box 14053, Lexington, KY 40512

¹Accounts must be activated via the HealthEquity website in order to use the mobile app.