Open enrollment ends November 3 for new Flexible Spending Account
CLEVELAND, October 29 — Open enrollment will be ending on November 3, 2012, for the new Flexible Spending Account (FSA) Plan, which is available to BLET members who work at participating railroads.
What is the FSA Plan?
The FSA Plan, administered by United Healthcare, is designed to allow you to use pretax dollars to pay for certain medical expenses that are not covered under any health plan (including a railroad health and welfare plan) or any other source. You then submit requests for reimbursements of eligible expenses from your FSA, which means you’ll be using pretax dollars to pay for those expenses.
“The establishment of the FSA is a great benefit and it gives our members the ability to realize significant health care savings. I encourage all eligible members to participate in this worthwhile program,” BLET National President Dennis R. Pierce said.
The FSA program will allow you to put aside your own dollars on a pre-tax basis to be available for reimbursement — to you — of eligible and qualified health care expenses not covered by your medical, vision, or dental plans, as well as other approved Health and Welfare expenses, for which coverage is not afforded.
Information to sign up for the FSA program is contained in the open enrollment packets, for those who this benefits is applicable to, that everyone should have received by now. This year, open enrollment is being done on-line at www.rrinfodepot.com and if you have any questions you should contact Railroad Enrollment Services at 1-800-753-2692.
The new plan year begins January 1, 2013.
For more information, please download the following:
www.ble-t.org/pr/pdf/FSA_Summary_Article.pdf
Monday, October 29, 2012
bentley@ble.org
