Healthcare Spending Accounts (FSA, DCFSA, HSA)
The Norfolk Healthcare Consortium provides FSA for eligible employees to help you save on eligible important medical, dental, and vision expenses by using pre-tax dollars. There are two types of flexible spending accounts and a health savings account that are designated tax-free through the Internal Revenue Service (IRS) for qualified health plans and eligible dependent daycare expenses:
- Flexible Spending Account (HCFSA)
- Dependent Care Flexible Spending Account (DCFSA)
- Health Savings Account (HSA)
These accounts allow you to set aside tax-free dollars for eligible out-of-pocket expenses. You cannot be enrolled in both the Health FSA and HSA, so it is important to evaluate both options and decide which is best for you. Another advantage of having a flexible spending account is that it can be used for yourself, your spouse, or any other eligible dependents, even if they are not covered by your health plan.
The Healthcare Flexible Spending Accounts (HCFSA) and Dependent Care Flexible Spending Accounts (DCFSA) are administered by Flexible Benefit Administrators.
When registering on FBA's website, you will need the Employer Code: FBANPS
Questions call FBA: 800-437-3539 or 757-340-4567
How To Submit an FSA Claim
Dependent Care Flexible Spending Account (DCFSA)
How To Submit a Dependent Care Claim