Employee Reimbursement Accounts Program
Administered by Total Administrative Services Corporation (TASC).
Only active state employees are eligible for this program.
Important Flex Spending News & Notes
The Employee Reimbursement Accounts (ERA) Program is an optional benefit that allows you to set aside pre-tax income to pay for eligible IRS approved expenses. The pre-tax advantages of an Employee Reimbursement Account allow you to save on your eligible healthcare, dependent care, and/or transit and parking expenses every year.
The ERA Program includes the following accounts:
Refer to these guides for more information: TASC- Participant Enrollment Guide and TASC Employee Reimbursement Account (ERA).
Plan carefully before you enroll. In exchange for the tax advantages, the IRS has imposed strict rules. Funds remaining in your FSA account(s) at the end of the plan year, in excess of $500 for the health care FSA only, after all eligible expenses have been reimbursed, will be forfeited. Also, once your coverage begins, your benefit election(s) cannot be cancelled or changed during the plan year unless you experience a valid Change In Status Event as described in IRS regulations, and as permitted by the plan documents and health plan guidelines, as applicable.
How to Enroll
These ERA require re-enrollment for every new plan year.
The open enrollment period for the 2016 Plan year is October 5 to October 30, 2015. You may enroll online, via telephone or paper application.
By October 30, you will need to complete the following actions:
Review your health, vision, and dental benefits for the 2016 plan year to determine the available benefits, coinsurance, copayments, and deductible. Also, review the Navitus formulary to determine your out-of- pocket drug expenses.
Log in to enroll and process your elections.
For 2016, TASC has moved to a new platform and mobile application.
The 2015 TASC website and your login credentials will not be valid for 2016.*
To log in and enroll, go to https://partners.tasconline.com/ETFEmployee.
Use the following for first time log in:
Username: First initial of first name + full last name + DOB (mmddyy) + last 4 digits of SSN
Password: First initial of first name + full last name + DOB (mmddyy) + last 4 digits of SSN
Example: jsmith0315815643 (same as username)
Click “Enroll Now” to begin enrollment.
For detailed plan information and an online enrollment guide, please click the Tools and Support tab after logging in.
Enrollment Help & Questions: If you have difficulties logging on, enrolling online, or have questions, contact a TASC Customer Representative at 608-241-1900 or toll-free at 844-786-3947
* 2015 benefit information will NOT be in the new TASC platform. You will continue to access the current MyTASC website to access your 2015 benefit information.
NEW Mobile Application
The new mobile application will provide access to all of the following accounts: FSA, HSA, and Transit & Parking beginning January 1, 2016. You can download the new mobile application prior to January 1, 2016 but will not be able to submit claims, view account information until the plan goes live January 1, 2016. More information here. (link to mobile application flyer)
In order for you to be able to access your 2015 benefits, you will use the current 2015 mobile application.
TASC Debit Card for 2016
All enrollees will receive a new TASC debit card for 2016. The new debit card will be branded with TASC and ETF logos.
TASC- How to Enroll Online and TASC- eflex Mobile App.
For more information, review the ERA Program’s Frequently Asked Questions page. These optional benefits are administered by Total Administrative Services Corporation (TASC). Visit TASC online, or call 1-844-786-3947 (2016 plan year), to enroll. (You may call 1-800-422-4661 for information related to the 2015 plan year.)
A Health Savings Account (HSA) is available if you enroll in one of the High Deductible Health Plans (HDHP). More information here.
Retirees who are not enrolled in Medicare are eligible for the HSA if they are enrolled in an HDHP.
Health Care Flexible Spending Account (FSA)
The FSA is for health care expenses incurred by you and/or your tax dependents that are not covered by insurance, such as deductibles, copayments and coinsurance amounts. You may also use this account to reimburse eyeglasses, dental expenses, and limited categories of over-the-counter drugs and supplies. You may elect up to $2,550 tax-free each year.
Keep in mind that the It’s Your Choice Health Plan imposes an annual out-of-pocket limit of $1,250 individual/$2,500 family on most illness, or injury, related services. Preventive services are paid at 100%. These expenses can be reimbursed through this account. You are not eligible for an FSA if you choose the High Deductible Health Plan along with a Health Savings Account; you may only enroll in a LPFSA (see the following section for more information).
You have the flexibility to carry over up to $500 of your unused FSA balance remaining at the end of the plan year. This carry over amount will be added to your account following the prior plan year’s run-out period and does not affect the upcoming plan year’s contribution limit.
Important Flex Spending News & Notes
Limited Purpose Health Care Flexible Spending Account (LPFSA)
The LPFSA is similar to the Health Care FSA but is designed to work in conjunction with a Health Savings Account (HSA). The difference with this account is that you are only allowed to claim eligible dental, vision and post-deductible expenses. The maximum contribution per employee is $2,550 per year. You are only eligible to enroll in the LPFSA if you are also enrolled in both the HDHP and HSA. More information here.
Dependent Day Care Flexible Spending Account (DCA)
This account may be used to pay for day care expenses for your eligible dependent(s) that are incurred to allow you and your spouse, if married, to work, actively look for work or attend school full time. Please note that his account does not pay for medical expenses for your eligible dependent(s). To pay for your dependent’s medical expenses, consider enrolling in a Health Care FSA or LPFSA. The dependent day care expenses provided during a calendar year cannot exceed $5,000. In the case of a separate return by a married individual, the limit is $2,500. This amount may be less if the employee's earned income or spouse's earned income is less than $5,000.
Transit & Parking Benefits
You can enroll in the Transit & Parking Reimbursement Accounts at any time to pay for your parking, vanpool and public transit costs. In addition, you can adjust the account with your needs as they change throughout the year. Eligible expenses for this benefit are only transit and parking costs incurred by you in connection with travel between your residence and work place.
Health Savings Account (HSA)
An HSA is an account you are eligible for if you enroll in one of
the High Deductible Health Plans (HDHP). You can save money
tax-free to pay for health care expenses not covered by insurance.
Your employer may contribute funds, if you are eligible. This
money is yours, even if you leave the HDHP plan or state service. Learn more here.
Important Health Savings Account News & Notes
Every effort has been made to ensure that this information is accurate, but may be subject to change. Please note revision dates located at the bottom of each page. In the event of conflicting information, federal law, state statute, state health contracts and/or policies and provisions established by the State of Wisconsin Group Insurance Board shall be followed.
This page was last modified on: 7/11/2016 10:34:03 AM