Flexible Spending Accounts

FSA Information

Flexible Spending Accounts (FSA) help you make your money go further by letting you set aside pre-tax dollars to pay for certain out-of-pocket eligible health care and dependent day care costs.

General Purpose Healthcare FSA

IRS maximum limit: $2,750/year

The General Purpose Healthcare FSA will reimburse you for eligible medical, dental, and vision expenses incurred by you and your dependents during the plan year. The entire annual amount you elect can be used at any time. You can use your Discovery Benefits debit card or pay out-of-pocket and submit a reimbursement request.

Note: If you are enrolled in the HSA, you are not eligible to participate in the General Purpose Healthcare FSA.

Limited Purpose Healthcare FSA

IRS maximum limit: $2,750/year

If you are enrolled in an HSA, you are eligible to participate in the Limited Purpose Healthcare FSA to reimburse eligible dental and vision expenses only.

Dependent Care FSA

IRS maximum limit: $5,000/year

The Dependent Care FSA can be used for eligible daycare expenses for children 12 and under, or elder dependents who are unable to care for themselves. You can only be reimbursed up to the amount available in your account after your payroll contributions.

Incurring Claims

Discovery Benefits strives to simplify the experience for the State of Colorado employee while maximizing the service, tools, and education regarding your flexible spending account(s). If you are a State of Colorado employee and are participating in any of the flexible spending options, submit your claims incurred to Discovery Benefits.

Discovery Benefits
Member Services: 866-451-3399, Fax: 866-451-3245

More Information

Health Savings Accounts (HSAs) are different from FSAs. Only people enrolled in a qualified high-deductible health plan (HDHP) may contribute to an HSA. A person may not have a General Purpose Healthcare FSA when contributing to an HSA. 


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