HR, Payroll and Benefits News

Employee Reimbursement Account (ERA) Grace Period for Medical and Dependent Care Expense Claims
February 17, 2012

Services received and reimbursable items purchased in 2011 and during the grace period between January 1 and March 15, 2012, may be reimbursed from remaining 2011 ERA plan year funds.

Any remaining funds in your medical account from 2011 will be available on your new myFBMC card and will be used first when the new card is used for payment. If you enrolled in the ERA medical expense account for 2012, you should have received a new myFBMC card with instructions on how to activate your card prior to use by visiting www.myfbmc.com. Remember, when you use the myFBMC card to pay for eligible expenses, funds are electronically deducted from your medical expense account.

The deadline for submitting 2011 medical and dependent care claims to FBMC is April 15, 2012. All claims must be received by the Fringe Benefit Management Company or postmarked by April 15, 2012 to be reimbursed from 2011 funds. If you do not submit your claims by the deadline, any money remaining in your account for 2011 will be forfeited.

You can submit claims by any of the following methods:

For questions contact www.myFBMC.com or FBMC Customer Service at 1-800-342-8017 (Mon-Fri, 6:00am to 9:00pm CST).

Related Link: myFBMC General FAQs

Source: Fringe Benefits Management Company (FBMC)
Categories: Employee Reimbursement Account