Limited Purpose Health FSA
Employers who already offer an HSA can provide additional saving opportunities for employees through a Limited Purpose Health FSA. This type of FSA is restricted to dental and vision expenses and is “limited” to what is reimbursable. Because employees cannot participate in an HSA and a general purpose FSA at the same time, a Limited Purpose Health FSA gives employees the chance to participate in both accounts.
No Additional Costs for the Employer
There is no additional administrative cost to add this account type to your existing FSA benefit options. With P&A’s FSA services, you can offer every spending account available for just one administrative fee.