Tag: FSA

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What Happens to Your Unused FSA Dollars?

Flexible spending accounts (FSAs) are great for expenses like prescription drugs, eyeglasses, and doctor’s appointments. However, when individuals do not use all their funds, they typically lose their remaining account balances. So where does all of that unused money ultimately go? More often than not, it goes straight to the employer to pay for very…

Is a Consumer Driven Health Plan (CDHP) Right For Me?

Even with great health insurance coverage, the out-of-pocket costs of care really add up! Co-pays, deductibles, prescriptions…. even dental and vision care expenses can take a big chunk out of a family’s budget. Consumer driven health plans allow participants to set aside pre-tax income to cover these expenses – which adds up to big savings…