Benefit Strategies administers the FSA plan. The current Health Care FSA annual election limit is $2,550. The current Dependent Care FSA limit is $5,000 and is intended to help with day care costs for dependents under the age of 13. The annual FSA limits are governed by IRS.
In order to participate in the FSA program, you must re-enroll each year during open enrollment. The 2017 plan year will end March 15, 2018. Your eligible expenses must be incurred from January 1, 2017 through March 15, 2018 and submitted for reimbursement by March 31, 2018. You do not need to select a Primary Care Physician (PCP) or get a referral from your PCP to see a specialist.