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Flexible Spending Accounts (FSAs) help you make your money go further by letting you set aside pre-tax dollars to pay for certain out-of-pocket eligible health care and dependent day care costs.
Effective July 1, 2019, Discovery Benefits is the administrator for the State of Colorado's Flexible Spending Accounts.
Discovery Benefits strives to simplify the experience for the State of Colorado employee while maximizing the service, tools, and education regarding your flexible spending account(s).
If you are a State of Colorado employee and are participating in any of the flexible spending options for the FY 2019-20 plan year, submit your claims incurred to Discovery Benefits.
For claims incurred between July 1, 2018 - June 30, 2019, submit your claims for reimbursement to ASIFlex. The deadline to submit claims for FY 2018-19 will be October 15, 2019.
Health Savings Accounts (HSAs) are different from FSAs. Only people enrolled in a qualified high-deductible health plan (HDHP) may contribute to an HSA. A person may not have a General Purpose Healthcare FSA when contributing to an HSA. While the State does not offer an HSA, it does offer two HDHPs that are HSA-eligible: the HDHP with HSA and the HMO HDHP. Employees enrolled in these medical options should contact their preferred financial institution for more information on HSAs.
State of Colorado benefits plans from previous years.
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