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Flexible Spending Accounts 2015 September 10, 2014 Presented by:. The GIC has Selected a New Administrator for 2015. ASIFlex Based in Columbia , MO 400 Clients Nationwide in 27 states , many public sector clients

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flexible spending accounts 2015 september 10 2014 presented by
Flexible Spending Accounts 2015

September 10, 2014

Presented by:

the gic has selected a new administrator for 2015
The GIC has Selected a New Administrator for 2015
  • ASIFlex
    • Based in Columbia, MO
    • 400 Clients Nationwide in 27 states, many public sector clients
    • Will take over 2014 grace period and 2015 claims processing effective 1/1/2015
    • Extended Customer Service Hours
      • 8 am to 8 pm Monday through Friday
      • 10 am to 2 pm Saturday
    • Participant Email
    • Toll-Free
      • Phone 1-800-659-3035
      • Fax 1-877-879-9038
administrative fee reduced by 30
Administrative Fee Reduced by 30%!
  • Monthly Participant Fee Reduced to $2.50!
  • Savings of $1.10 per month
  • For HCSA only, DCAP only, or both
  • Charged to participant account on pre-tax basis
  • Deducted in first pay period of each month
lower hcsa minimum election for 2015
Lower HCSA Minimum Election for 2015

* This may increase by $50 subject to IRS regulations

2015 open enrollment
2015 Open Enrollment
  • October 14 through December 5
  • Current participants must re-enroll online
    • www.asiflex.com
  • New participants complete form and return to you
    • Coordinators send to ASIFlex by fax or email
  • Information also available at www.mass.gov/gic/fsa
asiflex hcsa card
ASIFlex HCSA Card
  • No follow-up documentation required for transactions that match health plan co-payments
  • Keep in mind: participants must save receipts as IRS requires follow-up documentation for:
    • All medical (hospital, lab, x-ray, physician, etc.) expenses
    • All dental expenses
    • All vision expenses
additional info at breakfast meetings and webinar
Additional Info at Breakfast Meetings and Webinar
  • Open enrollment materials (or download from the GIC’s website)
  • Procedural details
  • Questions and answers
  • RSVP no later than September 12 via link on e-mail you receive or Coordinator News section of www.mass.gov/gic/coordinator
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