ASIFlex
ASIFlex is the County's Flexible Spending Account (FSA) administrator. You can contact Customer Service using the contact information below or visit their website at http://www.asiflex.com/. At the ASIFlex website, you can find forms and learn about:
- FSA Eligible Expenses
- How to File a Claim
- Filing Claims Online
- Direct Deposit Sign Up
- FSA Health Care Debit Card
Customer Service
Customer Service is available Monday through Friday, 5:00 a.m. to 5:00 p.m. and Sat. 7:00 a.m. to 11:00 a.m. (Pacific Time).
- Phone: (800) 659-3035
- TTY: (866) 908-6043
- Fax for Claims: (877) 879-9038
- Online Claims: www.my.asiflex.com
- Email: asi@asiflex.com
- Web: www.asiflex.com
- Mailing Address: PO Box 6044, Columbia, MO, 65205-6044
What is a Flexible Spending Account?
A Flexible Spending Account (FSA) is a tax-free account that allows you to pay for essential health care expenses that are not covered, or are partially covered, by your medical, dental and vision insurance plans; or pay for child/dependent care expenses. By contributing a portion of your paycheck into an FSA on a pre-tax basis, you can save from 25% to 40% on the cost of eligible expenses you are already incurring. You save money to pay for your out-of-pocket health care expenses, including prescription drug costs, medical, dental, vision and hearing expenses, and/or your child or dependent care expenses, including day care, baby sitting, in-home care for older dependents and before & after school care expenses.
When you enroll in an FSA, you decide how much to contribute to the account for the entire plan year. The money is deducted from your paycheck pre-tax (before Federal & State income taxes and FICA taxes are deducted) in equal amounts over the course of the plan year. After you incur expenses that qualify for reimbursement, you submit claims (reimbursement requests) to ASIFlex to request tax-free withdrawals from your FSA to reimburse yourself for these expenses.
Using the FSA to pay for expenses will reduce your out-of-pocket costs significantly. Your personal tax rate may vary, and your savings will vary according to your net tax rate. Use the Tax Savings Calculator found at www.asiflex.com to estimate your savings.
*OTC Expenses for 2011
Starting with expenses incurred after January 1, 2011, new federal regulations require that you submit a prescription in order for over-the-counter (OTC) medicines and drugs to be eligible for reimbursement through the FSA program. This regulatory change will impact items such as pain relievers, cold and allergy medications, etc. OTC supply items such as diabetes test strips, contact lens solution band-aids, etc. will not be affected, and will not require a prescription in order to be reimbursed.
*Letters of Medical Necessity
Letters of Medical Necessity (LMN) must be re-submitted/renewed for each plan year. For expenses incurred after January 1, 2011 that require an LMN, you must have your provider complete a new LMN for 2011. Visit the www.asiflex.com website for the LMN form.
ASIFlex
ASIFlex is the County's Flexible Spending Account (FSA) administrator. You can contact Customer Service using the contact information below or visit their website at http://www.asiflex.com/. At the ASIFlex website, you can find forms and learn about:
- FSA Eligible Expenses
- How to File a Claim
- Filing Claims Online
- Direct Deposit Sign Up
- FSA Health Care Debit Card
Customer Service
Customer Service is available Monday through Friday, 5:00 a.m. to 5:00 p.m. and Sat. 7:00 a.m. to 11:00 a.m. (Pacific Time).
- Phone: (800) 659-3035
- TTY: (866) 908-6043
- Fax for Claims: (877) 879-9038
- Online Claims: www.my.asiflex.com
- Email: asi@asiflex.com
- Web: www.asiflex.com
- Mailing Address: PO Box 6044, Columbia, MO, 65205-6044
What is a Flexible Spending Account?
A Flexible Spending Account (FSA) is a tax-free account that allows you to pay for essential health care expenses that are not covered, or are partially covered, by your medical, dental and vision insurance plans; or pay for child/dependent care expenses. By contributing a portion of your paycheck into an FSA on a pre-tax basis, you can save from 25% to 40% on the cost of eligible expenses you are already incurring. You save money to pay for your out-of-pocket health care expenses, including prescription drug costs, medical, dental, vision and hearing expenses, and/or your child or dependent care expenses, including day care, baby sitting, in-home care for older dependents and before & after school care expenses.
When you enroll in an FSA, you decide how much to contribute to the account for the entire plan year. The money is deducted from your paycheck pre-tax (before Federal & State income taxes and FICA taxes are deducted) in equal amounts over the course of the plan year. After you incur expenses that qualify for reimbursement, you submit claims (reimbursement requests) to ASIFlex to request tax-free withdrawals from your FSA to reimburse yourself for these expenses.
Using the FSA to pay for expenses will reduce your out-of-pocket costs significantly. Your personal tax rate may vary, and your savings will vary according to your net tax rate. Use the Tax Savings Calculator found at www.asiflex.com to estimate your savings.
*OTC Expenses for 2011
Starting with expenses incurred after January 1, 2011, new federal regulations require that you submit a prescription in order for over-the-counter (OTC) medicines and drugs to be eligible for reimbursement through the FSA program. This regulatory change will impact items such as pain relievers, cold and allergy medications, etc. OTC supply items such as diabetes test strips, contact lens solution band-aids, etc. will not be affected, and will not require a prescription in order to be reimbursed.
*Letters of Medical Necessity
Letters of Medical Necessity (LMN) must be re-submitted/renewed for each plan year. For expenses incurred after January 1, 2011 that require an LMN, you must have your provider complete a new LMN for 2011. Visit the www.asiflex.com website for the LMN form.