An FSA is a health care Flexible Spending Account. It is designed to help you to pay for medical expenses that are not covered by your health insurance. With the popularity of high deductible health insurance, an FSA can save you a lot of money. The money is saved pre-tax, so you can potentially save as much as 30% by taking advantage of an FSA. When you are looking for an optometrist in New Jersey, The Eye Health Group is here to help. We have multiple locations throughout the state of New Jersey and will help you get the most out of your flex spending account.
Use It or Lose It
Trying to determine how much to save in your flex account is important. You want to save as much as you can use, but you don't want to have anything left over. You can't usually carry over from one year to another, and your leftover money goes to your employer. One way to use up the money in your account as you get toward the end of the year is for vision expenses. Many companies offer limited vision insurance, so using your flex spending for eye care is often the most rewarding way to spend it.
What Can You Use an FSA for?
You can use your FSA to pay for a copay and deductibles. You can pay for your eye exam and the eye exams for your dependents. You can also pay for prescription eyeglasses or contact lenses. As long as it is a qualified expense, you can use your flex account to pay it.
Your flex account can cover a variety of qualified expenses. Of course, not every flex account is the same, so be sure to read yours carefully and spare yourself any unwelcome surprises.
Optometrist in New Jersey
At The Eye Health Group, we have years of experience providing New Jersey residents with reliable vision care. For more information on FSA benefits, vision insurance, or to schedule an appointment, call us at (877) 392-9603.