University of Illinois Logo University of Illinois Urbana-Champaign University of Illinois Chicago University of Illinois Springfield
Home Search Help
N E S S I E   Home > Benefits > Benefit Choice >  


Benefit Choice Changes
Change Health
Add/Drop Dependent
Change State Life
Change AD&D
Dependent Life
FSA (MCAP/DCAP)


Medicare

Adoption

Providers

Civil Union & Domestic Partner

Forms

Travel Assistance

Benefits Summary

Savings Bonds

Health

Dental

Vision

Campus Contact

Life

AD&D

UPB Contacts

LTD

LTC

FSA

403(b), 457, SURS

403(b) Online Enrollment

Domestic Partner

COBRA

Qualifying Event/ State Plan Changes

Benefit Choice

Employee Assistance

Recreation / Wellness

Shared Benefits



Contacts
HR Forms
Human Resources
  Urbana
  Chicago
  Springfield
  UA ER/HR
EEO


Benefit Choice

Enrolling and Re-enrolling in the Flexible Spending Account (FSA) Program

Note: The FY 2016 maximum annual contribution amount for the Medical Care Assistance Plan (MCAP) is $2,550 and for the Dependent Care Assistance Plan (DCAP) is $5,000 per household.

The FSA is a simple way to set aside tax-free money for eligible medical and/or dependent care expenses. Participate by enrolling in the Medical Care Assistance Plan (MCAP) and/or the Dependent Care Assistance Plan (DCAP). Your FSA money will be automatically deducted from your pay, before taxes, and deposited into an account, with a variety of ways to access your funds when you have eligible medical or dependent care expenses.

During the annual Benefit Choice period, the Benefit Choice Options booklet is available online outlining any changes that will occur to the State of Illinois FSA for the new plan year, July 1 through June 30. This may include changes to IRS requirements, processing of claims, and contribution amounts. Changes take effect the following July 1.

During this time, you may elect to participate in the FSA program. If you are currently enrolled in the FSA program you must re-enroll each plan year to continue participating in this program. Enrollment and re-enrollment may only be done online through NESSIE, by selecting the link at the top of the Benefit Choice page if you are paid over 12 months. If you are paid over 9 months, a paper enrollment form is required and should be turned in to University Payroll and Benefits.

Dependents do not need to be enrolled in your health/dental plan to be eligible for participation in the FSA MCAP program.

FSA MCAP

  • Your annual contribution amount is available on the first day of the plan year.
  • Eligible expenses must be incurred during the plan year (July 1 through June 30).
  • The money in your account is easily accessible through several convenient options: payment card, online, mobile phone/device, fax, or mailing a paper claim.
  • There is a limited “Run-Out Period” from July 1 through September 30: this 90 day period allows you to submit claims to use up any remaining funds with eligible expenses that you incurred during the previous plan year.
  • Up to $500 remaining in your account after September 30, will automatically be carried over to your next plan year’s MCAP account.
    • Carried over amounts do not count toward your contribution limit for the following plan year. In other words, you may still contribute up to $2,550 a year whether or not you have any carried over amounts from the previous plan year.
    • Even if you do not make an MCAP election for the next plan year, you are still eligible to use your carried over funds as long as you are eligible to participate in the MCAP.
  • The MCAP grace period no longer applies.

FSA DCAP

  • Your reimbursement is limited to the contribution balance available in your account when your claim is received.
  • Eligible expenses must be incurred during the plan year (July 1 through June 30).
  • When determining a contribution amount, keep in mind that if you do not incur enough eligible out-of-pocket dependent care expenses (daycare fees, after school care, or elder care) during the plan year (July 1 - June 30), any unused balance will be forfeited. See the State of Illinois FSA Booklet below for eligibility information.
  • The money in your account is easily accessible through several convenient options: online, mobile phone/device, fax, or mailing a paper claim.
  • There is a limited “Run-Out Period” from July 1 through September 30 following each plan year: this 90 day period allows you to submit claims to use up any remaining funds with eligible expenses that you incurred during the previous plan year.
  • For further information on the FSA program, please see:


Maintained by University Human Resources | Contact Information | Last Update: 12-May-2015 | ID: 19