This information is being provided to staff to clarify several questions that have been asked during our transition from Axis Plus to Discovery Benefits. Information about Flexible Spending Account (FSA) is available on our website at https://www.fcps.org/benefits/flexible-spending-accounts.
Claims Processing for FY20
Medical and Dependent Care expenses that were incurred from July 1, 2019 through June 30, 2020 will be processed by Axis Plus. The claims will continue to be processed by Axis Plus for the 90-day run-out period: July 1, 2020 through September 28, 2020.
Axis Plus debit cards are no longer valid, but claims may be submitted electronically or by mail. You may contact Axis Plus with questions at 877-872-2125 or visit https://myaxisplus.com.
Following the 90-day run-out period, you will no longer be able to submit claims for reimbursement for FY20.
Carry Over Balances
Following the 90-day run-out period, Medical Flexible Spending balances, up to $500, will be transferred to Discovery Benefits. On or about October 15, 2020, you will be able to see those funds in your Discovery Benefits accounts. Balances over $500 are forfeited per IRS regulations. IRS regulations do not allow for any carry over balances for Dependent Care accounts. All funds not claimed are forfeited at the end of the run-out period.
Claims Processing for FY21
Elections for Medical and Dependent Care FSA accounts can only be made during open enrollment FCPS holds in May of each year. If you did not elect benefits for FY21, you may only do so outside of open enrollment if you experience a qualifying life event. You can find more information about qualifying life events at the FCPS website: https://www.fcps.org/benefits/life-events.
Claims incurred beginning July 1, 2020 through June 30, 2021 are processed by Discovery Benefits. If you enrolled for FY21, you should have received your debit cards from Discovery Benefits. If you have not received your debit cards or need assistance with your account, you may contact Discovery Benefits at (866) 451-3399 or customerservice@discoverybenefits.com.