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Flexible Spending Accounts: Don’t Let It Go To Waste

If your funds aren’t used by the end of the year; some of it may not roll over and will be lost.

A Flexible Spending Account (FSA) is a tax-free account set up through an employer to use specifically for out-of-pocket health care costs. If any available funds are left over by the end of the year, $500 of any unused money can be rolled over into the next calendar year. However, that is based on the employer’s decision as to how the plan is set up and will not exceed $500 if there is more in the account at the end of the year. This is a change, as past year’s FSA accounts did not offer any money to roll over to the next year. It’s important to plan carefully on health related costs such as copayments, coinsurance, drugs, other costs and lab testing… which is where we come in!

You can use your FSA to pay for tests at ANY LAB TEST NOW®. We are committed to helping people with affordable, convenient lab testing. With thousands of options and strong alliances with leaders in the field of laboratory testing, we’re here to help you Take Control of Your Health®.

Talk to your employer about your FSA options. If you already have one set up find your closest ANY LAB TEST NOW to get in touch with an assistant who can help with your next lab test.