Flexible Spending Account (FSA) is a benefit governed by the IRS and sponsored by your employer. A FSA allows you to pay certain Health Care and/or Dependent Care expenses with pre-tax money. Money is diverted out of each of your paychecks on a pre-tax basis and put into a Health Care Reimbursement Account and/or a Dependent Care Assistance Account.
Health and Dental Insurance Premium Offset: You may have your health and dental premiums deducted from your pay check on a pre-tax basis. This will reduce your gross pay and as such your tax liability.
Dependent Care: This also allows you to have a pre-tax payroll deduction for daycare expenses. Since this is also pre-taxed, it reduces your gross pay and as such, your tax liability.
***NOT ALL OVER THE COUNTER MEDICINES AND ITEMS REQUIRE A DOCTOR'S PRESCRIPTION***
If you want a good reference to see exactly which items do not require a prescription, click on the FSA Store Banner at the bottom of Benefit Strategies home page and look at the list on the left. Items in red box with white checkmark do not require a doctor's prescription and the items listed in blue box with white RX sign do require a doctor's prescription. Please know that the City is not endorsing that you purchase from that site, it is simply a great listing of what does or does not require a prescription.
Benefits Strategies, LLC
P.O. Box 1300
Manchester, NH 03105-1300
967 Elm Street
Manchester, NH 03101
Customer Service Phone: (603) 647-4666
Hours of Operation: Mon-Thurs 8:00 a.m. to 6:00 p.m. and Friday 8:00 a.m. to 5:00 p.m.
Fax # for claims: (603) 647-4668