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2016-129N
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2016-129N
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Last modified
9/26/2016 12:02:26 PM
Creation date
9/26/2016 12:02:22 PM
Metadata
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Template:
Official Documents
Official Document Type
Plan
Approved Date
08/16/2016
Control Number
2016-129N
Agenda Item Number
8.RR.
Entity Name
IRC Board of County Commissioners
Subject
Health Care Flexible Spending Account Plan
Section 125 of Internal Revenue Code
Effective 10/1/2015
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Qualified Domestic Relations Order <br /> A court with jurisdiction over the employee, spouse and/or dependents covered by this Plan may <br /> through the issuance of a QDRO may allocate all or a portion of the available benefits under this <br /> Plan for the exclusive benefit of any or all of such persons as long as the total of all benefits for a <br /> Participant, the Participant's spouse and the Participant's dependents does not exceed 100%of the <br /> Anticipated Contributions for the Plan Year. <br /> Eligible Expenses for HSA Plan Participants <br /> HSA participants are those that are eligible to make contributions to a Health Savings Account <br /> plan qualified under Section 223 of the Internal Revenue Code. Expenses eligible for <br /> reimbursement under this Limited-Purpose Health Care Flexible Spending Account Plan include <br /> those incurred during the Benefit Period for the prevention, diagnosis, cure, mitigation, or <br /> treatment of disease, for the purpose of affecting any structure or function of the body, or for the <br /> treatment and cure of bodily injury resulting from accidents and for transportation primarily for <br /> and essential to medical care for himself, his spouse and his covered dependents, as defined in <br /> Code Section 105. Additionally,reimbursable expenses must be for dental,vision or hearing care, <br /> and out-of-pocket expenses incurred after the calendar year deductible under the Employer's HSA- <br /> compatible medical insurance plan as evidenced by an Explanation of Benefits. Medical expenses <br /> covered by the Employee's HSA plan, the Employer-sponsored medical insurance plan, or paid <br /> by any other plan or insurance program are not eligible. Covered persons include the Participant <br /> and any individuals considered by the IRS as spouse or dependents for income tax purposes. <br /> The Participant may not be reimbursed for any amounts payable under any other employee benefit <br /> plan or policy or any individual insurance by which the Participant, his spouse, or dependents are <br /> covered. All reimbursements must comply with Code Section 213 and/or specific guidance issued <br /> by the IRS related to the Plan,however,the Employer may restrict or limit such coverage by means <br /> of administrative rules provided such rules are made known to Employees prior to the beginning <br /> of each Plan Year or the date of the Employee's eligibility, as applicable. <br /> Eligible Expenses for non-HSA Plan Participants <br /> Expenses eligible for reimbursement for Participants not eligible to make contributions to a Health <br /> Savings Account plan include those incurred during the Benefit Period for the prevention, <br /> diagnosis, cure, mitigation, or treatment of disease, for the purpose of affecting any structure or <br /> function of the body, or for the treatment and cure of bodily injury resulting from accidents and <br /> for transportation primarily for and essential to medical care for himself,his spouse and his covered <br /> dependents, as defined in Code Section 105. Additionally, reimbursable expenses must be for <br /> medical, dental, vision or hearing care. Medical expenses covered by any Employer-sponsored <br /> medical insurance plan, or paid by any other plan or insurance program are not eligible. Covered <br /> persons include the Participant and any individuals considered by the IRS as spouse or dependents <br /> for income tax purposes. <br /> 4 <br />
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