Health care flexible spending accounts (FSAs)

Making your money work for you.

[Optum Bank Health Care Flexible Spending Account]

[FSA]

That’s the idea behind the Optum Bank Health Care Flexible Spending Account, or FSA.

[Smart, Tax-Free]

[Eligible Medical Expenses]

Offered through your employer, an FSA is a smart, income tax-free way to help you pay for eligible medical expenses.

[Simple]

It’s simple to enroll.

[ The federal government and your employer can limit contribution amounts.]

Decide how much you want to set aside from your paycheck – before it’s taxed -- for eligible health care expenses during your benefits plan year.

When the year starts, all of that money is put into your FSA. You don’t have to wait for it.

[Fast, easy transactions]

When it’s time to pay for eligible expenses, you can use your Optum Bank debit Mastercard® for fast, easy transactions. You can also use a personal check or a credit card to pay eligible expenses.

Just submit a claim request online – or use our mobile app.

Either way, you’ll be able to easily keep track of your transactions anytime, anywhere.

[Things to remember]

As you get started, there are a few things to remember.

[Optum Bank FSA]

Check your plan documents to see what expenses are covered.

[What’s covered: Doctor visits, eye exams, diagnostic tests]

Generally, things like doctor visits, eye exams and diagnostic tests are covered.

[What’s Not Covered: Cosmetic surgery, teeth whitening, vitamins]

Things like cosmetic surgery, teeth whitening or vitamins are typically not covered.

[Use it or lose it]

An FSA is also a “use it or lose it” account. Some plans have a grace period or a carryover provision, but if you don’t use all your FSA dollars in a given year -- you’ll typically lose the remaining cash.

Finally, an FSA is also a great supplement to other eligible health accounts you may have – be it a Health Reimbursement Account or a Dependent Care FSA.

Together, it all works for you.

[Benefit Information]

Check your benefit information to see if you’re eligible.

[Optum Bank Health Care Flexible Spending Account]

The Optum Bank Health Care Flexible Spending Account.

[The smart, income tax-free way to pay for eligible health care expenses!]

The smart, income tax-free way to pay for eligible health care expenses!

[Optum Bank]

[Flexible spending accounts (FSAs) are administered by OptumHealth Financial Services and are subject to eligibility and restrictions. The content in this video is not intended as legal or tax advice. Federal and state laws and regulations are subject to change.]

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