1. Your Healthcare FSA Flexible Spending Account with Grace Period

2. What is a Healthcare FSA with Grace Period?
Pre-tax benefit account that pays for eligible expenses not covered by insurance
Medical expenses
Dental expenses
Vision expenses
Now you have until 03/15 of the new plan year to spend your old plan year money
No more having to run out and spend by 12/31
[Employer Name] sponsors this program, brought to you by BBPAdmin, to help you save on important healthcare expenses by using pre-tax dollars.
Your FSA can cover a wide range of needs, for many of the big out-of-pocket expenses and everyday purchases that you already pay for. Simply, choose how much to set aside for expenses during the plan year and you can use money from your FSA for yourself, your spouse, or any of your eligible dependents, even if they are not covered by your health plan.
The program is designed to be as simple, fast, and convenient as possible. Saving has never been this easy. Plus, now with Carryover, you can carry over up to $500 from year to year. There’s no more “use it or lose it” risk, making your FSA even better.

3. Why You Need It Save an average of 30% on everyday healthcare expenses
Use several easy, no-hassle payment and reimbursement options
Access your full election amount starting on day one
[Employer Name] sponsors this program, brought to you by BBPAdmin, to help you save on important healthcare expenses by using pre-tax dollars. As a result, you can save an average of 30% on big out-of-pocket expenses and everyday purchases that you already pay for.
BBPAdmin offers several, easy-to-use payment and reimbursement options, including the Better Business Planning mobile app, which gives you the power to submit claims and manage your FSA account right from your mobile phone.
Plus, you can access your full, annual election amount starting on day one, giving you the flexibility to use your FSA funds as you see it.

4. How It Works Determine how much to contribute
Estimate how much you’ll need
Elect how much to contribute
Funds are taken from your paycheck before taxes
Start saving up to hundreds of dollars in one year
Savings result from lower overall taxes
The program works by setting aside some of your pay before taxes are deducted. The money is still yours to spend on eligible expenses, but you don’t pay taxes on it.
Before you enroll, you should estimate your healthcare expenses for the upcoming year, so you can decide how much to set aside through your FSA. BBPAdmin offers easy online calculators that help you project these expenses, plus you’ll find examples and a worksheet in your enrollment materials. Then choose how much to defer in each account when you enroll.
Your savings works by reducing the amount of your income that’s subject to federal income tax, FICA (Social Security) tax, and in most states, state income tax. Exactly how much you save depends on how much you spend on healthcare and dependent care expenses each year, and on your tax situation. Most people can save from $30 to $40 in taxes for every $100 set aside through their FSA.

5. How It Works Determine how much to contribute
Estimate how much you’ll need
Elect how much to contribute
Funds are taken from your paycheck before taxes
Start saving up to hundreds of dollars in one year
Savings result from lower overall taxes
The program works by setting aside some of your pay before taxes are deducted. The money is still yours to spend on eligible expenses, but you don’t pay taxes on it.
Before you enroll, you should estimate your healthcare expenses for the upcoming year, so you can decide how much to set aside through your FSA. BBPAdmin offers easy online calculators that help you project these expenses, plus you’ll find examples and a worksheet in your enrollment materials. Then choose how much to defer in each account when you enroll.
Your savings works by reducing the amount of your income that’s subject to federal income tax, FICA (Social Security) tax, and in most states, state income tax. Exactly how much you save depends on how much you spend on healthcare and dependent care expenses each year, and on your tax situation. Most people can save from $30 to $40 in taxes for every $100 set aside through their FSA.

6. What You Get Less Risk, Less Worry
You will have until 03/15 of the next year to use your money
Way less risk than when you had to spend by yearend
More Flexibility
Spend your money when and how it suits you best
No need to rush to spend at the end of the plan year
More Savings
Less risk means you can increase your savings by using your FSA more
This is an optional slide if you have carryover

7. How You Use It
Please sign up for carrier feeds for your claims to be submitted directly to BBP from your carriers:
Mobile App
Online Submission
, Fax or Mail
This program features on-the-spot access to your account with the BBP Benefits Card. Use it just like a debit card for co-pays, prescriptions, over-the-counter products, and more. The card gives you a fast and easy way to get immediate access to your account, without having to pay and wait for a reimbursement check. Note that although the BBP Benefits Card is technically a debit card, you will need to select “credit” at the register when you pay for services. Also, you should still hang on to your receipts in case BBPAdmin needs to verify that an expense is eligible.

8. How do I get reimbursed? Pay Me Back Direct Deposit Mailed Check
It’s your money. Your FSA just helps you save it from taxes, and gives you control over how you spend it on your health and your family. The program is built for maximum convenience and control.
You choose when and how to spend the money in your account. Use Pay My Provider to make direct payments online to healthcare providers. You can even set up automatic payments for ongoing needs like orthodontia. Or use Pay Me Back to send in traditional claims, and get quick reimbursement.
To keep track of your money, you can get information about your account balance, recent activity, claims in progress, and more at any time with the convenient online tools at

9. How You Manage It Use Better Business Planning Mobile
File a claim and get reimbursed quickly
View transactions and benefit account balances using a single login
Snap a photo of receipts and submit them for payment
Receive confirmation s when claims are received, processed, or paid
Receive text messages when card verification is required, a transaction is denied, or a claim has been processed
Or online at

10. Eligible Expenses Use Your Healthcare FSA to pay for:
Prescriptions for almost any medical condition
Prescribed over-the-counter medicines, e.g. aspirin, cough syrup
Co-payments, co-insurance, and deductibles
Dental care, both preventive and restorative
Orthodontia, child and adult
Vision care, eyeglasses, contact lenses, solutions
Eye surgery, including laser vision correction
Counseling and therapy
Psychology and psychiatry
Chiropractic care and acupuncture
Here are some of the most popular healthcare expenses that are typically covered by your FSA. Please note that to be eligible, expenses typically need to be for a specific medical condition, not for general wellness.
For more information and a full list of expenses, check out the information available at FSAStore.

11. What is a Dependent Care FSA?
Pre-tax account that pays for eligible dependent care expenses while you work:
Preschool or before/after school programs
Summer day camp
Elder day care
Smart, simple way to save money while taking care of loved ones so you can work
[Employer Name] sponsors this program, brought to you by BBPAdmin, to help you save on important health and dependent daycare expenses by using pre-tax dollars.
Your FSA can cover a wide range of needs, for many of the big out-of-pocket expenses and everyday purchases that you already pay for. You decide whether to open a healthcare account, a dependent care account, or both. And you choose how much to set aside for expenses during the plan year.
You can use money from your FSA for yourself, your spouse, or any of your eligible dependents, even if they are not covered by your health plan. And the program is designed to be as simple, fast, and convenient as possible. Saving has never been this easy.
It’s important to remember that the money in your FSA does not roll over from year to year, so make sure to calculate your expenses carefully when planning how much to set aside for the year.

12. Why You Need It Save an average of 30% on the dependent care you need
Reduce your overall tax burden since funds are withdrawn from your paycheck before taxes are deducted
Take advantage of several convenient, no-hassle payment and reimbursement options
The program works by setting aside some of your pay before taxes are deducted. The money is still yours to spend on eligible expenses, but you don’t pay taxes on it.
Before you enroll, you should estimate your dependent daycare expenses for the upcoming year, so you can decide how much to set aside through your FSA. FSA Store offers easy online calculators that help you project these expenses, plus you’ll find examples and a worksheet in your enrollment materials. Then choose how much to defer in each account when you enroll.
Your savings works by reducing the amount of your income that’s subject to federal income tax, FICA (Social Security) tax, and in most states, state income tax. Exactly how much you save depends on how much you spend on healthcare and dependent care expenses each year, and on your tax situation. Most people can save from $30 to $40 in taxes for every $100 set aside through their FSA.

13. How Much You Can Contribute
Maximum of $5,000
IRS sets the contributions guidelines
Changes to your election amount can be made only if there is a:
Change in legal marital status
Change in number of dependents due to birth, adoption, or death
Change in employment status
Change in cost or coverage charges
If you pay to care for dependents while you’re at work, choose a dependent care account to pay for most kinds of babysitting, day care, preschool programs, and more, plus elder care services for qualifying older adults. Your dependent care FSA typically covers these types of expenses that allow you to work.

14. Eligible Expenses Use your Dependent Care FSA to pay for:
Before/after school care
Au pair services
Extended day programs
Preschool/nursery school
Summer day camp
Elder day care
Ineligible expenses include:
Overnight camps
Kindergarten or higher-grade tuition
Non-work-related day care
Long-term elder care services
Here are some of the most popular dependent care expenses that are typically covered by your FSA.

15. Why Enroll? Tax savings Wide range of covered expenses Easy access
Flexible options
No matter who you are, whether you’re just starting out, or taking care of a family, you can find a great reason to enroll in your FSA.
Everyone loves the tax savings that comes with an FSA. Who doesn’t like to save money?
You’ll save on dependent care – that you pay for anyway
Between Better Business Planning mobile app, direct online payments, and rapid reimbursement, it’s never been easier to save.
It’s your money. Your FSA lets you save and spend it the way you choose.
With all this going for it, there’s really no reason NOT to enroll in your FSA.
Make sure to sign up during benefits open enrollment!

16. How You Get It Enroll by paper enrollment form:
Please get your enrollment form from HR
Please enroll by – 12/09/2016
Enrollment is easy. Just follow the instructions in your open enrollment materials. [Employer-specific instructions here].
But make sure you enroll in time! Typically you can only sign up during your regular, annual benefits open enrollment period. You may be able to change your election if you experience a “qualifying event” during the year such as getting married, having a child, or changing your work status. Please see the open enrollment materials for details.

17. Thank You