Open Enrollment is the time to enroll or re-enroll in an FSA if you want to continue the plan in 2013. To participate, you must contribute a minimum of $180 per year.
Plan changes for 2013
Effective Jan. 1, 2013, the Health FSA maximum contribution amount will be $2,500. If both you and your spouse are UC employees, you may each contribute up to $2,500.
Keep in mind as your choose your election amount that any money you do not use by March 15, 2014 and claim by April 15, 2014 will be lost.
Benefit card convenience—You will have a card that you can use for qualified expenses at participating providers’ offices, drug stores and most pharmacies where credit cards are accepted, so you won’t have to pay out-of-pocket or file reimbursement claim forms. (Be sure to always save your receipts in the event of future requests by the FSA vendor or the IRS to verify that the purchase is valid.)