TaxSaver Plan is the new Flexible Spending Account (FSA) Administrator
TaxSaver Plan will issue all participating employees two MasterCard debit cards in the employee's name with TaxSaver on the card. With TaxSaver Plan you are able to use the FSA Debit Card to pay for your out-of-pocket FSA eligible health and day care expenses.
Please click on the TaxSaver link for more information www.TaxSaverplan.com.
REMEMBER, new pledges must be made during the Open Enrollment each year for the new plan year. 2011-2012 cycles EPISD back to a full 12 months beginning September 1, 2011 and ending August 31, 2012. The maximum amount that can be contributed to the FSA Medical Reimbursement for the 2011-2012 Plan Year is $5,000.
If you would like to receive reimbursements for your medical expenses via direct deposit to your savings or checking account, log into your account with TaxSaver Plan and complete the FSA Direct Deposit Enrollment Form available on-line. Additionally, while you are in your online account, provide TaxSaver Plan with your email address so that future communications can be sent via email.
Here is how the card works with the FSA Plans:
- You will be able to use your card at accepted medical, dental and vision merchants, as well as approved pharmacies (a complete listing of approved pharmacies is available on the TaxSaver Plan website) and approved day care providers in accordance with IRS guidelines.
- During the year, TaxSaver Plan will attempt to match FSA debit card expenses against information sent to TaxSaver from BCBS (TRS-ActiveCare) for medical and prescription services.
- If you waived coverage under the TRS-ActiveCare health plan offered by EPISD, you will be required to submit receipts to substantiate any FSA debit card expenses. In addition, please respond promptly to requests for information from TaxSaver Plan to avoid card interruptions.
- If TaxSaver Plan needs a receipt from you to substantiate an FSA Debit Card expense, you will be contacted by email or mail with a request for such information.
- If you do not wish to use your FSA Debit Card, you may submit claims for reimbursement. Claim forms are available on-line at www.TaxSaverplan.com. Please be sure to include a completed claim form with your request. Reimbursements are processed daily.
You may reach TaxSaver Plan's Customer Service Department Monday – Friday 7:00 – 4:45 MST by emailing csr@TaxSaverplan.com or once online click under “Contact Us”.
You may reach TaxSaver Plan by phone at 1-800-328-4337.
The is an example of how the debit card will look like.