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Public
Employee Press How
you can save money on medical costs
Do you want
to save money on your fixed medical costs?
If you have regular, predictable
medical costs, such as monthly drug or doctor co-pays, or you are planning on
braces for your children next year, you may want to consider setting aside some
money every paycheck into the Health Care Flexible Spending Account.
With
the HCFSA, you put that money away before taxes and then hand in your receipts
to your FSA coordinator to be reimbursed. It may help you budget and save on your
taxes.
Open enrollment for the HCFSA ends Nov. 14. To enroll, download
the forms at www.nyc.gov/olr or call your agency benefits office or 212-306-7760.
To
determine if this is a useful plan for you, use the calculator at http://www.nyc.gov/html/olr/html/flex_spending/hcfsa_calculator.shtml.
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