Tax$ave 2009

• The Premium Option Plan (POP) allows employees to pay any State Health Benefits Program medical and/or dental premiums they have with before-tax dollars. Enrollment in the POP is automatic unless enrollment is declined.
  
  
• The Unreimbursed Medical Flexible Spending Account (FSA) allows employees to set aside money to pay for qualified medical and dental expenses not paid by any group benefits plan under which they or their dependents are covered. Reenrollment is required each calendar year — link to FSA plan Web sites.
  
  
• The Dependent Care Flexible Spending Account (FSA) allows an employee to set aside funds to pay for anticipated expenses related to dependent care required to permit the employee and spouse to work. Reenrollment is required each calendar year — link to FSA plan Web sites.

For additional information about Tax$ave, see Fact Sheet #44, Tax$ave.

Eligible employees should also review the Tax$ave 2009 Open Enrollment Newsletter and the Premium Option Plan brochure which are distributed as payroll inserts and linked from this Web site.

Employees can also contact Fringe Benefits Management Company (FBMC) — the NEW flexible spending account administrator — for more information on the Unreimbursed Medical Flexible Spending Account and Dependent Care Flexible Spending Account portions of Tax$ave 2008. FBMC's telephone number, address, or Web link are provided below.

Note: FSA plans for the 2007 plan year are administered by Horizon BCBSNJ. FSA claims for 2007 should be completed through Horizon — see link below .

Tax savings on commuter mass transit and parking expenses are available as a separate benefit to State employees under the Commuter Tax$ave Program. See Fact Sheet #67, Commuter Tax$ave Program, for details.

Flexible Spending Accounts For 2009

Fringe Benefits Management Company (FBMC) administers the Unreimbursed Medical Flexible Spending Accounts and Dependent Care Flexible Spending Accounts for Tax$ave and the Division of Pensions and Benefits.

You must enroll with FBMC to participate in a Flexible Spending Account in plan year 2009.

• Enroll online at the FBMC Web site: www.myFBMC.com (To start the online enrollment process, click "New User Signup");
  
  
• Enroll by telephone using FBMC's Interactive Voice Response (IVR) system at 1-866-440-7150.
  
  
• Mail an Enrollment Form to FBMC.

(FBMC Claim Form - PDF size 107K)

For additional information about the FSA plans for Tax$ave 2009, contact FBMC Customer Service at 1-800-342-8017, or visit online at: www.myFBMC.com.

	Fringe Benefits Management Company P.O. Box 1878 Tallahassee, Florida 32302-1878 Phone: 1-800-342-8017   e-mail: webcustomerservice@fbmc-benefits.com