Sometimes referred to as a cafeteria plan, flex plan, or a Section 125 plan, a Flexible Benefits Plan lets you set aside a certain amount of your paycheck into an account before paying income taxes. During the year you have access to this account for reimbursement of expenses you regularly pay for, such as health-care and dependent daycare. When you use tax-free dollars to pay for these expenses, you realize an increase in your spending power and substantial tax savings.
Reimbursable expenses can include:
Deductibles, Co-pays and Prescription Drugs, Expenses that are medically necessary yet not covered by insurance, Dental services & Orthodontics, Eyeglasses, Contacts, Solutions and Eye Surgery, Weight-loss programs (associated with a specific disease), Chiropractic services, Psychiatric & Psychologist expenses, Smoking cessation programs.
Claims FAX: (559) 436-4679 or Email: Suzanne@pacetpa.com