Medical and Dependent Care Flexible Spending Accounts
UPDATES DUE TO COVID
The Duquesne University Flexible Spending Accounts plan has been amended to provide additional time for incurring and submitting claims for reimbursement.
The University normally offers a two- and one-half month extension for our flexible spending accounts (i.e. September 15). This deadline to incur expenses and submit claims for the plans are extended to the following:
If you participated in the plan year July 1, 2019 through June 30, 2020, you can continue to incur expenses through June 30, 2021. Claims must be submitted by July 30, 2022. You will forfeit funds left in this account after the reimbursement deadline.
If you currently participate in the plan year July 1, 2020 through June 30, 2021, you can continue to incur expenses through June 30, 2022. Claims must be submitted by July 30, 2023. You will forfeit funds left in this account after the reimbursement deadline.
This is a temporary plan change only for the plan years listed above.
If you have any questions regarding your existing balance or account, log in to your Discovery Benefits online account or download the benefits mobile app. You may also contact our Participant Services team by email at firstname.lastname@example.org or by calling 866-451-3399 during business hours (Monday through Friday, 6 a.m. to 9 p.m. Central time).
Learn more about flexible spending account plans.
Learn how you can use pre-tax dollars to pay for certain types of healthcare or dependent care expenses, reducing your taxable income. Monies set aside are deducted each pay period on a pre-tax basis. Expenses may be paid with your WEX/DBI debit card or via electronic claim submission.
Use the calculators, list of eligible expenses and other planning tools at www.wexinc.com to learn more about these accounts. The plan year to incur expenses is extended through September 15. Deadline to submit eligible claims for reimbursement is December 31. View the Participant Guide for claim filing directions and helpful tips on using Discovery Benefits' website.
Healthcare Flexible Spending Account
- May contribute $130 to $2,750 each year
- Access to the total amount you contribute on July 1
- May complete application for automatic orthodontia reimbursement
- You are not required to participate in a University medical plan to enroll.
Dependent Care Flexible Spending Account
- The University will contribute a $500 lump sum amount if you elect a Dependent Care Flexible Spending Account
- May contribute $130 to $5,000 each year. (Note that Duquesne's $500 contribution will count toward the maximum you can contribute)
- Reimbursements are only up to the amount available in your account
- May complete application for automatic reimbursement
Save Your Receipts!
While the FSA debit card is a great way to pay for many eligible expenses, use of the debit card does not take away the IRS requirement of submitting documentation. DBI will contact you when manual claims substantiation is required. Failure to submit documentation within the deadline will result in the cancellation of the debit card.