![]() ![]() This is a good rule of thumb for any FSA owner. The more info on the receipt, the clearer your request will be, and the easier it will be to get reimbursed. ![]() And if you haven’t received one in the mail for a particular service you’ve had, you may be able to find it if your health insurance company gives you the option to view EOBs online.Įven though you might know what a particular receipt is for, it doesn't mean your FSA administrator will have the same understanding. It's not difficult, and it doesn't take much time. The EOB does two things: it will tell you how much was reimbursed from your FSA and the remaining balance, and give you a chance to state your case, and offer up any details needed to prove eligibility. Anything processed through your insurance will require an EOB to show the required items we discussed would be needed for a receipt (provider name, date of service, etc.) to your FSA administrator. Know the Explanation of Benefits (EOB) form Note that if there is a service that was processed through insurance, you'll be looking for your EOB form from your health care provider for this information Cost: The amount you paid for the service or product and/or the portion that is not reimbursed through your insurance carrier.Type of Service: A detailed description of the service provided or item purchased.Date of Service: The date on which services were provided or the item was purchased.Provider Name: The provider that delivered the service or where the item was purchased.(Keep an eye on retail store receipts, which might not have this info Patient Name: The name of the person who received the service or item.These pieces of paperwork should have the following information: Remember, to be accepted for a claim, you’ll need one of the two accepted forms of paperwork: an itemized receipt, or an Explanation of Benefits (EOB) form (which is typically used for eligible medical services). So whether you're tracking with a spreadsheet or a shoe box, take a few minutes to track down all the items and/or services you want to claim for reimbursement. You won't get far if you don't have receipts for some of the FSA claims you want to make. Over the next few sections, you'll get an everyday person's view on how to handle the organizing and filing of your FSA claims, so the only thing you need to do is sit back and enjoy your tax-free savings. And that's where this guide to FSA claims and reimbursement comes in. It sounds complicated, but it really isn't, as long as you know what you're doing. ![]() (In other words, your FSA might "owe you one." We all like when that happens.)īut to get this money, you need to make sure your paperwork is in order, and that your receipts and documentation match your claims. After all, there are so many everyday health products and services like chiropractic appointments, allergy meds and more that you might have bought not knowing they were FSA eligible. You see, even though FSA cards have made it easy to buy eligible health care products tax-free, you've probably bought some things in the last year that qualify for FSA reimbursement. You know, kind of like what happens with your flexible spending account (FSA). But it can be a lot more interesting (and literally rewarding) if that paperwork leads to getting some of your hard-earned money back in your pocket where it belongs. Can't miss that it has the word "work" right in the name. It's not something most people look forward to. ![]()
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