Category: Flexible Spending Accounts

Employers Allowed to Amend FSA and DCAP Plans

January 6th, 2021
  A new bill allows employers to make changes (but does not require) to flexible spending accounts (FSA) and dependent care assistance plans (DCAP).   Consolidated Appropriations Act 2021   The bill is called the Consolidated Appropriations Act 20… more »

Posted in Flexible Spending Accounts

Health Savings Accounts are on the Rise

September 24th, 2015
The number of people with health savings accounts (HSAs) has ballooned over the past few years. HSAs can be a great supplement to certain health plans. The Growth of HSAs HSAs allow consumers to save and pay for medical care free of federal income tax… more »

Posted in Flexible Spending Accounts, Insurance Administrator of America (IAA), High Deductible Health Plan, Health Savings Account, Health Reimbursement Account

Health in the News: Are You Taking Your Vitamins?

January 15th, 2014
The ongoing debate over whether taking a multivitamin plays a part in keeping a person healthy is still being argued. While scientists and doctors may still not have formed a consensus, Insurance Administrator of America is here to give you information,… more »

Posted in Flexible Spending Accounts, Preventative Care, Vitamins

Use or Lose Your FSA Dollars

October 9th, 2013
A reminder to Flexible Spending Account (FSA) Participants:  Many plans have a January renewal, so you will need to use your current FSA dollars by December 31, 2013. What is an FSA? A FSA is an account designed to let you set aside pre-tax dollars to… more »

Posted in Flexible Spending Accounts, Insurance Administrator of America (IAA)