Flexible Spending Accounts

2020 Open Enrollment is from November 20, 2019 to December 3, 2019.

Flexible Spending Accounts ("FSA") are accounts where you can set aside money PRE-TAX to help pay for out-of-pocket health care expenses and/or daycare expenses.

FSA Plan Administrator:  www.padmin.com 1-800-688-2611 (Monday-Friday 8:30am-10:00pm EST)

To view your account, go to the www.padmin.com.  

New for 2020: by signing up to save pre-tax for your health care expenses within a Health Care Flexible Spending Account (HCFSA) you will not be charged an administration fee. If you add a Dependent Care Flexible Spending Account (DCFSA) along with an HCFSA, that fee will be waived as well. Only enrollees in a solo DCFSA will incur a small monthly charge of $2.35.

2020 maximum HCFSA amount $2,750. DCFSA $5,000.

 

 

Important Update: Due to the COVID-19 pandemic, the State of Maine allowed Flexible Spending Account (FSA) participants to make a one time change to their annual election amounts from July 6th, 2020 through August 15th, 2020. This applied to both Medical FSA accounts and Dependent FSA accounts. Changes will become effective as soon as administratively feasible (there may be a lag based on election change timing). Please see below to access previous plan provisions .