Health Accounts

Flexible Spending Accounts (FSA)

A Flexible Spending Account allows you to set aside pre-tax funds from your paycheck to pay for eligible expenses (as determined by the IRS) during the year. FSAs reduce your taxable income since your contributions are subtracted from your gross pay.

Any unused money remaining in your account(s) will be forfeited, so plan your contributions carefully. This is known as the “use it or lose it” rule, and it is governed by IRS regulations.

If you enroll in a PPO medical plan, you can enroll in a Flexible Spending Account (FSA) to pay for eligible healthcare expenses.

How it works

1. Enroll in a PPO medical plan or elect no coverage.
2. Choose how much you want to contribute for the year. Your amount will be divided evenly from your 2025 paychecks.
3. Pay for eligible healthcare expenses with your Optum debit card (Your full amount for the year is available on your benefits effective date).
4. Spend your FSA money through March 15, 2026, and submit any receipts by June 30, 2026.

BONUS: Amedisys also offers a Dependent Care FSA. Use your Dependent Care FSA dollars to pay for daycare, elder care expenses and more. It doesn't matter which medical plan you choose, you can still contribute to a Dependent Care FSA to save on daycare expenses.

---

Health Savings Account (HSA)

A Health Savings Account is a powerful tool that allows you to pay for qualified health expenses (as determined by the IRS) during the year. The money in your HSA is yours to keep and use forever, even if you leave the company or are no longer enrolled in the HSA plan. You can change your HSA contribution amounts any time during the year for any reason.

If you enroll in an HSA medical plan, you must actively enroll in the Health Savings Account (HSA) every year to pay for eligible healthcare expenses.

How it works

1. Enroll in an HSA medical plan.
2. Choose how much you want to contribute for the year. Your annual election will be divided evenly from your 2025 paychecks on a pre-tax basis.
3. Get company contributions to your HSA every quarter you contribute.
4. Pay for eligible healthcare expenses tax-free with your Optum debit card.
5. Let your unused money roll over year to year and invest it for more tax-free growth.
6. Retire with more savings! Continue to use your HSA to pay for healthcare expenses, tax-free OR use the money for any purpose after age 65 and pay regular income tax (like a retirement account).

BONUS: Amedisys will add money to your account each quarter you are enrolled in medical coverage during the year.

What is an HSA? Watch the video below!