What is a Flex Plan?

Flex Links

• Employee with card and $500 Rollover – EV1
• FSA Flyer without Rollover
• FSA Start Up Guide
• Flex Claim Form
• Medical Necessity Form
• Employer Benefit Plan Calculator
• Flexible Spending Account Calculator

Elected Benefits in a Flex Plan

• Health Flexible Spending Accounts (Health FSA) allow participants to set aside dollars for qualified out-of-pocket health care expenses, up to a maximum contribution amount set by the employer. Funds are available on day 1 of the plan year and can be used to pay eligible expenses for the employee, spouse and dependents.
• Dependent Care Assistance Program (DCAP) allows participants to set aside dollars for children (under age 13) or adult day care so that the participant may work. The IRS sets the annual maximum contribution amount for the DCAP account.
• Limited Health FSAs including Dental, Vision, and Post Deductible Expenses.
• Other common plan components include Premium Deductions and Health Savings Accounts.

Our Administration Services

Any administrator can propose a plan, but we take our administration the extra mile for you and your employees by providing superior customer service. Advantage Administrators provides the following services for our Flex Plans.