Welcome! Open enrollment for the BASIC Flexible Spending Account is now through November 27, 2017. If you want to participate in the 2018 plan, you must enroll during this time. If you are not already familiar with the FSA and how it works, use the links to the right to learn about the plan.
BASIC FSA Debit Card: Use the card to pay for eligible healthcare and dependent care expenses at eligible merchants. The debit card greatly reduces the number of claims that you must submit for reimbursement! However, keep your healthcare receipts as some debit card transactions will require that you submit documentation of the card swipe to BASIC.
IMPORTANT: Please take the following items into account when making your 2018 election.
- Deductions are based on 26 paydates.
- If you currently have a BASIC FSA debit card, you will continue to use it in 2018. Cards are valid for 3 years from date of issue. New cards are mailed shortly before the card expiration.
- Our FSA plan does not have the $500 carryover provision or the Extended Grace Period (EGP). Any funds remaining after the plan’s March 31st claim runout period will be forfeited.
- If you are a brand new FSA participant, complete the bank information as direct deposit for your manual FSA reimbursements, if any, is required.
You may make changes to your election any time up to the deadline date noted above. Make the changes you want and resubmit your election. Your prior election will be overwritten.
If you have any questions about the enrollment process, please contact BASIC NEO at 1-800-775-3539.
[message_box title="Enrollment is Closed" color="yellow"]The FSA Open Enrollment period for your company has expired. If you are entering the plan mid-year as a newly eligible employee or because of a change in status, contact your benefits manager to make your election.[/message_box]