Human Resources
Employee Benefits - Flexible
Spending Plan
You may choose to use a flexible spending account in conjunction with an HRA/VEBA to maximize your net earnings and provide dollars for medical/dental out-of-pocket expenses.
Flexible Spending
The Flexible Spending Plan offered by the District provides you with a way to save money on your costs for health and/or dependent care expenses. It is classified as a "Cafeteria Plan" for federal income tax purposes.
Employee groups eligible to participate are listed in the ISD 279 Osseo Area Schools Benefits Booklet. YOU MUST RE-ENROLL PRIOR TO EACH PLAN YEAR FOR THE DEPENDENT CARE AND HEALTH CARE REIMBURSEMENT ACCOUNTS.
Voluntary Employee Beneficiary Association (VEBA)
The Health Reimbursement Arrangement (HRA) offered by the District provides you with a way to save money on your costs for health care expenses. All HRA/VEBA plans must meet IRS notices and rulings.
You are automatically enrolled in the HRA/VEBA plan if you are enrolled in the group $1000 Deductible Plan. District dollars are contributed to the VEBA Trust through the semi-monthly payroll process. The amount contributed is specific to each employee’s terms and conditions of employment. For annual contribution amounts, visit employee contracts.
If you participate in the Flexible Spending Account (FSA) for health care, expenses submitted are first processed under FSA. Once your FSA is exhausted (if enrolled), you are reimbursed up to the dollar amount of the claim or to the maximum amount of money on deposit. If your claim exceeds the amount that your employer has contributed to date, Corporate Health Systems will automatically continue to reimburse you as deposits are received until the claim has been paid in full.
Reimbursement Information
Reimbursements are directly deposited or checks are mailed every Wednesday for claims submitted before 4:30 pm the previous Wednesday. If the reimbursement distribution date conflicts with a holiday, your reimbursement will be mailed the next working day
Plan Explanations |
Enrollment/Claim Forms |
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