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Family Health Care Savings » Tales From the Nursery

Searching for affordable health care can get exhausting with all the options out there. Finding ways to save on health care costs is important, especially as you grow and expand your family.  I know we pay more attention to our needs and policies since my first pregnancy.  I’ve talked a little bit about alternatives before, as far as supplemental insurance goes, but I know another way you can save on health care.

One option is through an employer-sponsored Flexible Spending Account (FSA) where you can put aside tax-free money to cover qualified health expenses. Because the FSA is pre-tax not only do you save on FSA eligible products, but your FSA allows you to shop for thousands of common health products including sunscreen, contact lens solution, band-aids, heat wraps, vitamins, and baby care items.

During every FSA plan year, employers take money out of your paychecks based on how much you selected to put aside. Starting this year, you will be limited to $ 2,500 per person to put into your FSA.  FSAs are “use it or lose it,” so any money not spent gets forfeited when your plan year ends. Don’t worry! Some employers have a grace period – an extension of FSA coverage – up to two and a half months. One big deadline ends on March 15.  That’s coming up fast, so if you still have funds left over to use – you’ll want to do that by Friday!

The FSAstore.com is the only one-stop-shop selling thousands of FSA-eligible products. In addition, you can find a national provider database and a Learning Center that answers FSA-related questions. Save on FSA-eligible products throughout the year with FSA Store’s special offers. Check out FSA Store before the grace period ends on March 15.  se promo code BLOG5 at checkout to receive $ 5 off your order of $ 50 or more.

Don’t have an FSA? If you have an HSA (Health Savings Account) you can also use it to shop at FSA Store!  We have an HSA which we use to help cover medical bills (hello labor and delivery costs!) as well as my prenatal vitamins, prescriptions, etc.  Both plans save you money and provide a means to help you purchase needed health care items.  HSAs do not expire like FSAs do.  So, if you have an FSA make sure to stock up before you lose those funds!

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Disclosure: This post is part of a sponsored campaign.  This does not constitute as financial or medical advice.

Tags: flex spending account, FSA, FSA store, health savings account, healthcare, hsa, medical supplies

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