Flexible Spending Accounts Being Determined Now Important Coverage Tips Provided by Dr. Sandy T. Feldman of Clearview Eye & Laser Medical Center

San Diego, CA (PRWEB) November 03, 2011

According to many reports, the time of year is here when employees elect to put money into their employer sponsored flexible spending accounts [FSA?s] for 2012 or decide how to use the remaining money on in 2011. Today, about 85% of large employers have FSA?s for their employees. President Obama?s health care reform has made some important changes to 2013 FSA plans allowable expenses and the amount individuals can contribute.

In anticipation of meeting the October 31 signup deadline for many employer sponsored plans beginning January 1st the following year, patients go to their doctors to determine whether they might be good candidates for contact lenses, LASIK or dental procedures. Employees want to know before they elect to have money taken pretax out of their paychecks they can use for medical expenses. The use of FSA money enables savings of between 20-50% by paying with pretax dollars.

?Some major changes were made to the plans as part of health care reform? says Dr. Sandy T. Feldman of ClearView Eye & Laser Medical Center. The doctor states that ?In 2012, employees can contribute up to $ 5,000.00 to their employer sponsored plans. Beginning in 2013, the limit will be lowered to $ 2500.00 so people should be looking to take advantage of the benefit offered to them in 2012.1,2?

To obtain your maximal benefit, it is crucial to understand and ask the employer about these new rules, Dr. Feldman shares these helpful and important tips: Obtain a doctor?s prescription for non-prescription otherwise known as over the counter drugs. Submit a doctor?s prescription along with a receipt for this medication in order to be reimbursed.3 There has been an expansion in the rules so adult children can be considered dependant if less than 27 years of age, even if living independently. Many people fail to completely use all of their contribution and end up losing about $ 100.00.4 Employees should check with their employers of any remaining amounts and determine the end date for usage. They should not wait until the last minute. Some plans have a grace period extending usage from the prior year now to March 31st.

Overall, employees should be aware of their benefits and the timelines for electing to contribute and use their FSA benefits. Enroll in FSA?s now for maximal contribution especially if contemplating LASIK surgery.

1.????http://www.irs.gov/govt/fslg/article/0,,id=112720,00.html

2.????http://www.bankrate.com/finance/insurance/how-health-care-reform-changes-fsas-hsas-1.aspx

3.????http://www.irs.gov/irs/article/0,,id=227301,00.html

4.????http://www.flexiblespendingaccountsonline.com/flex-account.php

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Related Dental Insurance Press Releases

The PaloVia Laser Is Now Available at Select Bloomingdale?s Stores

Burlington, MA (PRWEB) November 01, 2011

Bloomingdale?s has been known as a premier fashion and beauty destination for more than 150 years. Ever at the forefront of providing customers with the best and most innovative beauty products, Bloomingdale?s will now be selling the PaloVia Skin Renewing Laser at its New York, San Francisco, Chicago, Boston, Washington, D.C., San Diego and Boca Raton locations.

The award-winning PaloVia laser is the first FDA-cleared, at-home fractional laser that is clinically proven to reduce eye wrinkles. Not only is it available at select Bloomingdale?s locations, but new retail outlets are adding the PaloVia laser daily. In addition to Bloomingdale?s, the PaloVia laser is carried by Bergdorf Goodman and select Henri Bendel, Nordstrom, Planet Beauty and Von Maur stores.

For women who want to know exactly which stores carry the PaloVia skin renewing laser, palovia.com has a helpful new ?Find a Location? page. This feature provides the names and addresses of 84 retail outlets in 28 states ? including shopping malls, dermatologists, day spas and resorts. Authorized online merchants who agree to honor the product?s 60-Day Money-Back Guarantee are also included.

The PaloVia laser?s increased availability in retail markets is a boon for potential customers. As a part of their product research, most consumers love being able to see a product firsthand before committing to a purchase. This is even easier now that so many experienced retail sales associates are selling the PaloVia laser.

?Because at-home fractional laser technology is such a new development, it?s helpful if women can see and touch the PaloVia laser and also learn more about it from a knowledgeable salesperson,? said Nancy Teumer, Global Marketing Director of Consumer Products at Palomar Medical Technologies. ?We are excited to work with consultative, customer service-oriented partners such as Bloomingdale?s and Nordstrom, because of the hands-on interaction they provide.?

About Palomar Medical Technologies

The PaloVia Skin Renewing Laser was developed by Palomar Medical Technologies, Inc., a leading manufacturer of cosmetic lasers for dermatologists and plastic surgeons.

For nearly two decades, Palomar has revolutionized laser skin treatment. In the 1990s, a global team of Palomar laser physicists and esteemed dermatologists began experimenting with non-ablative fractional laser treatments ? a new technique that kept the outer layer of skin in place (?non-ablative?) and treated only a small portion ("fraction") of the skin with each application of light. In 2000, Palomar filed a patent application on this fractional laser technology and then began selling systems to doctors for use on their patients. In 2009, after years of clinical studies, Palomar received FDA clearance for the first at-home fractional laser clinically proven to reduce fine lines and wrinkles around the eyes.

For more information about the PaloVia laser, winner of the 2011 Allure Breakthrough Award, visit palovia.com.

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