If you don’t use the full $200 by the remaining balance will roll-over to 2022 and can be used for any expenses incurred in calendar year 2022. You have until to submit claims from 2021 to use that $200 balance. You can use that $200 for expenses incurred between –. There is no risk of forfeiture of funds up the $550*.Įxample: You have a remaining balance of $200 at the end of 2021. A run-out period applies, which gives you three months to submit claims from the previous plan year, after which up to $550 rolls over to the next plan year and can be used for any expenses incurred in that plan year. The rollover provision allows you to rollover up to a max $550* of unspent funds to the next plan year. If you missed the HRtalks Benefits-Optum Direct Bill Training, you can view the recording on our HRtalks webpage.If you missed the HRtalks Benefits-Optum Transition Training, you can view the recording on our HRtalks webpage.If you have both the Healthcare FSA and the HRA, you will receive ONE card from Optum with both account balances loaded.If you participate in either of the FSAs, the IRS is allowing rollover of your 2021 FSA funds until Decemdue to the pandemic. UofL now uses the rollover provision allowed under IRS rules, which replaces the grace period used in previous plan years.For questions related to your 2022 FSA or HRA claims, visit the Optum website or contact Optum at 86. As of January 1, 2022, your Health Equity card was deactivated and you must use your new Optum debit card for your HRA/FSA account for expenses incurred on or after January 1, 2022.For questions regarding your account, you must contact Wex/Discovery Benefits at 1-86 because they are managing this program. At the end of the 2021 run-out period, any unspent FSA balances from 2021 will be transferred from Discovery rolled over to Optum.
Employees can submit manual claims for reimbursement to Discovery Benefits/WEX for FSA expenses incurred in 2021 during the run-out period between January 1 and April 15, 2022. REMINDER: As of January 1, 2022, the administrator of our Flexible Spending Accounts (FSAs) and Health Reimbursement Account (HRA) changed to Optum. Employee Resources Employee Resources Dropdown Toggle.Expand Employee Resources Submenu Employee Resources.The University of Louisville Policy Statement as a Drug-Free Institution.Employee Relations Employee Relations Dropdown Toggle.Kentucky Unemployment Fraud Information.Certification of Completion - Discriminatory Harassment.Commercial Driver's License (CDL) Requirements and Procedures.Expand Employee Relations Submenu Employee Relations.Compensation Compensation Dropdown Toggle.Expand Compensation Submenu Compensation.