We’ve made some exciting updates to our online system and want you to know how to take advantage of these new features!
Now, when you visit ABS125.com and click on the Employee/Participants account access, you will be taken to our new portal where you can access all of your account information, claims status, and Benefit Card information, if applicable, as well as submit claims online (some plans do not support this feature).
That’s right! Based on your plan design, you may be able to submit your claims documentation right through the new portal and forget about sending a fax or making a trip to the post office!
Our Quick Reference Card will help you navigate the site and get the most out of your online account, as well as how to log in for the first time.
Click the link above to access your personal account, and if you have any questions, you can get assistance by calling 877-732-8125 or emailing us at email@example.com.
How to get money spent on health-related expenses back into your pocket
A Flexible Spending Account plan is only offered through payroll deduction. You’re allowed to set aside dollars from your paycheck into the flexible spending account. Money you choose to have deposited into any account is untaxed as it was deducted from your paycheck before Uncle Sam could tax it. You can now repay yourself from any of these accounts for money spent on eligible out-of-pocket expenses.
- Health Care Reimbursement (HCR)
- Dependent Care Reimbursement (DCR)
- Transit Reimbursement (TRN)
- Parking Reimbursement (PRK)
Think of it this way:
Money you spend on Doctor office co-pays, prescription co-pays, daycare and non-covered health-related expenses is money you’ll never see again… it’s spent… gone forever. Now, by participating in a flexible spending account like a Health Care Reimbursement (HCR) or Dependent Care Reimbursement (DCR), you get that spent money back… untaxed within the limits of your plan.
Here’s the bottom-line… you’re receiving a discount on medical and dependent care expenses, compliments of the IRS. This is Uncle Sam’s way of helping you stretch your dollars.