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Flexible Spending Accounts

Effective January 1, 2024, Long-Term Disability Insurance benefits moved from The Standard to The Hartford. Basic Life and AD&D Insurance, Additional and Dependent Life Insurance benefits remain the same with The Standard.

Provider Information

About Flexible Spending Accounts

NOTE:  All employees who elect to participate in the FSA must re-enroll each year during Switch/Open Enrollment, which is held each October.

Flexible Spending Accounts (FSA) allow you to set aside money from your paycheck before taxes are deducted. 

  • Electing to enroll in a health care FSA means you can then use those pre-tax dollars to pay for eligible medical, dental, vision, and hearing expenses throughout the year. 
  • A dependent care FSA allows you to do the same thing to pay for eligible child or elder care expenses.

New benefit-eligible employees can enroll in health care and/or dependent care FSA within 60 days of their hire date.  Existing benefit-eligible employees can enroll during the annual APS Switch/Open Enrollment held each October.  The election will go into effect on January 1 of the following year.

Reminder: Do you have funds left in your 2024 Health Care Flexible Spending Account?

If you participated in the HCFSA in 2024 and have not used all the funds you set aside, remember that the HCFSA includes the Grace Period Provision. This provision allows you to incur eligible medical, dental, vision, hearing, and prescription drug expenses through March 15, 2025.  All claims for eligible expenses incurred in 2024, or during the Grace Period, must be received by ASIFlex to process the reimbursement no later than March 31, 2025.  

If you have questions, contact ASIFlex at (800) 659-3035 or log in to the employee portal at www.asiflex.com.

 

This page was last updated on: June 3, 2020.

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