Health Care FSA

Important Health Care FSA Updates:

Deadline Extended to Submit Eligible 2019 Expenses for Reimbursement:

The deadline for employees to submit eligible expenses for reimbursement from their remaining 2019 Health Care FSA has been extended for up to 60 days after the Coronavirus (COVID-19) national health emergency is declared over by the federal government. Once the national health emergency is declared over and the 60 days have expired, up to $500 of any unused Health Care FSA funds from 2019 will be rolled over to the employees’ Health Care FSA for use in 2020.

Note: When employees log into their HealthEquity/WageWorks account, they will see a “claim by” date of Dec. 31, 2020 for their 2019 FSA. The claim by date is subject to change depending on when the Outbreak Period has been declared over. Therefore, employees are encouraged to submit claims for expenses incurred during 2019 as soon as possible.

Should you have any questions on the reimbursement process, please contact the HealthEquity/WageWorks customer care team at 877.924.3967 (TTY: 866.353.8058).

Syracuse University offers benefits-eligible employees the opportunity to contribute pre-tax dollars to a Health Care Flexible Spending Account (FSA) administered by HealthEquity/WageWorks.  If you elect a Health Care FSA, you can spend the funds on expenses for yourself, your spouse and your children, or other individuals that you claim as dependents on your tax return. Neither you nor your family members need to be enrolled in the Syracuse University health plan, or even enrolled in the same health plan.

Visit the HealthEquity/WageWorks website or call HealthEquity/WageWorks at 877.924.3967 (TTY: 866.353.8058) for more information.

On this page:

Benefit Design

The Health Care FSA offers tax savings on eligible health care expenses for you and your eligible dependents (as defined by the Internal Revenue Code and the cafeteria plan) that are not covered as eligible expenses under any other health plan. You have access to the full amount of your annual election immediately.

The maximum amount you can contribute to a Health Care FSA in 2021 is $2,750. In addition, you may roll over up to $550 of unused funds in your Health Care FSA. This is a great feature because you do not have to try to precisely predict out-of-pocket medical expenses a whole year in advance. In addition, this means that you are less likely to forfeit unused funds at year’s end, or be forced to “spend down” your account on non-essentials.

The $550 rollover does not count toward the annual maximum contribution amount. However, you will still want to think carefully about how much you contribute to a Health Care FSA. While you can roll over up to $550 of unused funds, you will lose any amount over $550 not incurred by Dec. 31 if you don’t claim it by the filing deadline of Apr. 30 of the following plan year.

Important Note Regarding Domestic Partners: Expenses for your domestic partner and/or their children are not eligible for reimbursement under your Health Care FSA unless they qualify as your dependents for federal income tax purposes. Therefore, to prevent receiving an overpayment which may result in adverse tax consequences, you should not activate the automatic reimbursement feature if you cover a domestic partner.

Eligible Expenses

Services and products that are medically necessary to treat a specific condition are usually considered eligible health care expenses. In addition, beginning in 2020, over-the-counter products, such as aspirin, allergy and stomach medications, including menstrual products, are also eligible to be reimbursed. Please note that certain over-the-counter medications purchased before Dec. 31, 2019 will still require a prescription/letter of medical necessity in order to be reimbursed through your 2019 Health Care FSA.

Only the portion of the cost not covered by other insurance is eligible for reimbursement. Cosmetic or non-medical expenses are not eligible. The HealthEquity/WageWorks website has a searchable database of eligible health care expenses. This list will help you appropriately budget your Health Care FSA each year.

Reimbursement Process

HealthEquity/WageWorks offers Health Care FSA participants a variety of ways to manage their accounts and receive reimbursements, including an automatic reimbursement option. If you enable this feature, the copay or coinsurance you paid for a Syracuse University medical, prescription, dental or vision claim is forwarded from our claims administrators to HealthEquity/WageWorks and you will be automatically reimbursed. If you choose this option, generally, you do not have to save any receipts or complete any claim forms to receive reimbursement from your Health Care FSA for these expenses.

You may enroll in automatic reimbursement through MySlice when you first enroll as a newly benefits-eligible individual or during the annual Open Enrollment period. Should you wish to activate or waive this feature outside of the Open Enrollment period, please contact HR Shared Services to request assistance.

Filing a Claim

If you have not elected the automatic reimbursement option or have a health care expense that cannot be submitted through the automatic reimbursement option, there are three alternative methods you can use to submit your claims for reimbursement:

  • EZ Receipts App: Allows you to file your claim from your smart phone or other mobile device.
  • FSA Online Account: Log into the secure website to submit a claim and view all of your account information.
  • Pay Me Back Paper Claim Form [PDF]: Complete the paper form and mail or fax your submission to HealthEquity/WageWorks with your receipts. Reimbursements will be sent to you via paper check as a default, but you can enroll in direct deposit online through your HealthEquity/WageWorks account.

Submitting your claim electronically eliminates the need to save paper receipts. Set up direct deposit of your reimbursements with HealthEquity/WageWorks to get your money even faster and avoid the hassle of taking a paper check to the bank.

Claim Filing Deadline: You will have until Apr. 30 of the following plan year to submit claims for expenses incurred during the plan year, which runs from Jan. 1 (or your enrollment date, if later) through Dec. 31. Should your participation in the FSA terminate during the calendar year when you have funds remaining in your account, you may choose to continue participation through COBRA by continuing to make contributions on an after-tax basis.  This will allow you to submit claims for services incurred after your last date worked. If you are not eligible for, or choose not to continue your FSA through COBRA, you will only be able to submit claims for expenses you incurred prior to your last date worked.

Every effort has been made to ensure that the information contained within this website is accurate. However, the benefits are governed by legal documents (which, in certain circumstances, may include insurance contracts). If there is any difference between the information in this website and the official documents, the official documents will control. As is the case with all of Syracuse University’s employee benefit plans, the University reserves the right to modify or terminate these benefits at any time.