tag:blogger.com,1999:blog-3443429211147580473.post7643514311150462547..comments2023-09-13T04:15:53.075-07:00Comments on MISinformation: Flex Spending Account HellMargohttp://www.blogger.com/profile/14375776249793758895noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3443429211147580473.post-78079351190821549482016-02-28T08:27:45.075-08:002016-02-28T08:27:45.075-08:00I recently have a new FSA Claims Administrator and...I recently have a new FSA Claims Administrator and they have required a ton of documentation. I've had my card locked up in the past so I know the wrath that they can place on people. Now that I know my new FSA administrator is so ridiculous about the documentation I think I'm not going to use it anymore. I'll go back to paying cash and keeping my medical receipts for my tax purposes later just like I used to do in the past it'll be much less of a headache.jensharkhttps://www.blogger.com/profile/07378293476542819135noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-48807412961616899992015-10-17T02:54:39.536-07:002015-10-17T02:54:39.536-07:00More and more business organizations are allowing ...More and more business organizations are allowing their customers, patients, students to make online appointment as it is flexible for both the organization and user as well.Anonymoushttps://www.blogger.com/profile/04154411662666736632noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-72814657569326228842013-01-22T22:39:57.047-08:002013-01-22T22:39:57.047-08:00My algorithm is not to use FSAs because they are m...My algorithm is not to use FSAs because they are more trouble than they're worth. I hate the fact that you can't roll the money over to the next year---what a stupid system!Anonymoushttps://www.blogger.com/profile/03263569186733328406noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-41172197985126228572012-07-15T06:53:02.023-07:002012-07-15T06:53:02.023-07:00The FSA is a marvel. Somehow, we were able to cre...The FSA is a marvel. Somehow, we were able to create a medical benefit that is more valuable to the well paid executives and professionals than to the more poorly paid hourly employees. Which of these two groups needs more support? What value is a FSA to an hourly call center worker who has a very low marginal tax rate?<br /><br />At a personal level, my biggest gripe about the whole system is that you need to predict your expenses. In January 2011, I felt awful and went in to see a doctor, only to end up in intensive care with a diagnosis of kidney failure. So, I had easily blown through my estimated year spending by mid February. Had the very same events happen a month earlier, I could have maxed out my FSA contribution.<br /><br />By contrast, this year I became eligible, due to end state renal disease, for Medicare, but only AFTER I had completed the transplant (about $400K). So now, between insurance and Medicare, I can have health care at no marginal (out-of-pocket) cost.<br /><br />I also have a daughter who will need her wisdom teeth out, so we set aside money for that. But she got a scholarship to study in France, so she was not able to get the teeth extracted this year. We will still plan on the procedure, but we can't do it in calendar year 2012.<br /><br />So, when I needed more money, I could not increase my FSA contribution. When I have too much money, I will end up loosing it. (Except that enrolling in Medicare is a qualifying event that allows me to alter the deductions for 30 days, but that is just another example of the arbitrary nature of this law.)Bob Folkertshttps://www.blogger.com/profile/07723506329986997236noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-41317126704158321932012-02-12T23:37:53.016-08:002012-02-12T23:37:53.016-08:00I use the online services to submit claims based o...I use the online services to submit claims based on scanned receipts. If they deny me, I resubmit. If they still deny me, I open a trouble ticket. If that's not resolved to my satisfaction, I submit again, then rinse and repeat. Make them work as a penalty for obstruction!Marcohttps://www.blogger.com/profile/14607216191921797063noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-9300205991088219932012-02-09T10:14:00.301-08:002012-02-09T10:14:00.301-08:00I'm not surprised, either. Based on your stor...I'm not surprised, either. Based on your stories, and what I've heard from other folks, it seems that the system is primarily concerned with making sure you can't cheat and spend pre-tax dollars on unauthorized stuff. Efficiently paying valid claims is secondary.<br /><br />Does insurance cover the medical device? They want to know because somebody is worried you'll file for FSA reimbursement *and* file a claim with your insurer. GF/CF food? Maybe your kid is completely recovered, but you think you can feed the family cheaper by buying GF/CF food via the FSA. etc.Keith Smithhttps://www.blogger.com/profile/09316935439535008529noreply@blogger.comtag:blogger.com,1999:blog-3443429211147580473.post-799914093585092062012-02-08T15:10:46.410-08:002012-02-08T15:10:46.410-08:00I for one am certainly not shocked. I know this st...I for one am certainly not shocked. I know this story all too well.<br /><br />For what it's worth, my algorithm for my FSA is to come up with a minimum amount that I expect to pay and just go with that. For instance, I know I will have at least $100 in prescription copays and $25 in doctor copays per month, so I can safely put over $1000 in my FSA. I also have a FSA card through ConnectYourCare or something that lets me pay for FSA-eligible expenses exactly as if it were a debit card -- no reimbursement requests or receipts necessary. I haven't had any problems with it.Anonymoushttps://www.blogger.com/profile/08543405617412588249noreply@blogger.com