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| *Loan,banking and credit>>>health insurance |
Under IRS law, can a section 125 flex savings plan be used to reimburse health insurance premiums? |
My wife and daughter are on a health insurance policy I purchased on the open market -- it is NOT on my employer-offered plan. My company's benefits provider is telling me the insurance premiums are NOT eligible for reimbursement under our Cafeteria 125 flex plan. My web research seems to suggest these exepnses ARE eligible for reimbursement. If you have more information, please help, and please cite your sources so I can make a case to our benefits provider (or be satisfied that their answer is indeed correct.) No, the flex plan is not set up to reimburse insurance policy premiums. You can be reimbursed for doctor's visits, pharmaceuticals, over-the-counter drugs and supplies. There should be a list of eligible expenses that you need to review. I was surprised to find out that I could submit my receipt for band-aids and be reimbursed. You will get complete information related to your question(insurance related) in the following site. Trust me, its good.. http://www.legaltarget.com/insurance_cla... |
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