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Unlike other health and insurance plans, UC's Flexible Spending Accounts (FSA), Health FSA and DepCare FSA, require annual enrollment. So even if you are currently enrolled, you must re-enroll during Open Enrollment or your participation will end December 31.
When you enroll, be sure to carefully estimate your expenses. The IRS requires you to forfeit any unclaimed funds in your DepCare FSA or Health FSA after the closing date for the plan year.
* If you enroll as a new employee, coverage is effective at the earliest on the first of the month following the date you enroll, and it may be effective one month beyond that, depending on several factors. You will not be reimbursed for expenses incurred before your effective date.
** The effective date depends on whether you enroll online or using a paper form and whether your enrollment is processed before or after your local payroll deadline for that month. Depending on these factors, the effective date can be from a few days to almost two months after enrollment. Generally, paper forms take longer to process. If you enroll online, your confirmation notice will show the effective date, but there is no confirmation notice for paper enrollments. Ask your local Benefits Office about specifics for your location.
To cancel or change enrollment
See your Benefits Office for more information.