(upbeat music)
Announcer: What if you had more money in your pocket
to help pay for health care expenses?
Now you can with a Flexible Spending Account sponsored
by your employer and administered by PayFlex.
The health care Flexible Spending Account,
or FSA, allows you to contribute pretax dollars
to pay for eligible health care expenses.
Such out of pocket expenses include medical,
dental, prescription, hearing, and vision expenses.
You can also use your funds to pay for deductibles,
copays, and co-insurance.
Here's how it works.
When enrolling in your benefits
for the new plan year estimate the amount
you'll need to pay for eligible health care expenses.
Estimate your contributions carefully
as unused funds do not roll over
at the end of the plan year and will be forfeited.
Based on your estimate make an annual pretax contribution
election to your health care FSA.
Then throughout the year use your FSA
to pay for eligible health care expenses for you,
your spouse, and any eligible dependents.
For added convenience, your employer can choose
to offer a PayFlex debit card which allows you
to access your FSA funds and immediately pay
for eligible health care expenses
at qualified merchants where MasterCard is accepted.
And you can access your account virtually anytime anywhere
through our dynamic website or with our innovative
PayFlex mobile app that brings the website
and all of its functionality to your fingertips.
Take advantage of your company's health care FSA
and start saving.
This has been a brief summary of a health care FSA.
(upbeat music)