Health Care Flexible Spending Account (HCFSA)
The Health Care FSA reimburses you for health care expenses, incurred by you and your tax dependents, not eligible to be paid by insurance. $3,200 is the maximum election for 2024 and $3,300 for 2025.
Eligibility and Enrollment
The HCFSA is available to employees who participate in the GW PPO, as well as those choosing not to enroll in medical coverage. Employee who enroll in the GW Health Savings Plan (HSP), and are not eligible for the Health Savings Account (HSA), may be eligible to participate in the HCFSA. Please contact Benefits for more information.
FSAs are elected using the GW Benefits Enrollment System system as a new benefits-eligible employee within 30 calendar days from your date of hire, during Open Enrollment, or due to a Qualified Life Event.
Important: FSA funds must be used by the end of the plan year, including the grace period through March 15th the following year, or they will be forfeited.
File a claim
- For the 2024 plan year you can be reimbursed for expenses incurred between January 1, 2024 through March 15, 2025.
- You can be reimbursed for 2024 HCFSA expenses incurred from January 1, 2024 through March 15, 2025. Submit claims directly to Bank of America via the MyHealth app, on the member website by mail using a paper claim form or by fax.
- Attach the appropriate documentation including an explanation of benefits (EOB), receipt or invoice.
- Documentation must include: provider or full name of product, patient name, amount and date(s) of service.
- Canceled checks will not be accepted in lieu of an itemized bill or receipt.
- Statements showing only a previous balance are not acceptable documentation.