Flexible spending arrangements (FSA) and Dependent Care Assistance Program (DCAP)

The Medical FSA allows you to set aside pretax money from your paycheck for out-of-pocket health care costs like deductibles, copays, over-the-counter medications, dental or vision expenses, and more. You can use your Medical FSA to pay eligible health care expenses for you, your spouse, or your qualified tax dependents, even if they are not enrolled on your PEBB account. Learn more on the FSA webpage.

Are you a represented employee whose rate of pay is $50,004 a year or less? If so, you may receive a $250 Medical FSA contribution from your employer in January 2022.  

The Limited Purpose FSA is intended for employees enrolled in a consumer-directed health plan (CDHP) with a health savings account (HSA).

This benefit allows you to set aside pretax money from your paycheck for out-of-pocket dental and vision costs like deductibles, copays, glasses or contacts, LASIK, orthodontia, and more. You can use funds to pay for eligible expenses for you, your spouse, or your qualified tax dependents, even if they are not enrolled on your PEBB account. Doing so allows you to save your HSA funds for medical expenses. Learn more on the FSA webpage.

Navia Benefit Solutions administers the Dependent Care Assistance Program (DCAP) for the PEBB Program. The DCAP allows you to set aside pretax money for qualifying expenses related to child care or elder care while you (and your spouse or state-registered domestic partner) work, look for work, or attend school full time. Learn more on the DCAP webpage. 

Watch a recorded presentation to learn more about the Medical FSA, Limited Purpose FSA, and DCAP.