Employees may set aside money on a pretax basis to pay for
uninsured medical expenses. The monies cannot be used to pay for
insurance premiums. The maximum contribution is $5,000 per Plan
Year with a minimum contribution of $600 per Plan Year. This
account can be used to pay for medical and dental plan deductibles
and co-payments, uninsured medical expenses and other eligible
expenses such as contact lenses and eyeglasses. The amount you
elect to contribute is available to you on the first day of the
Plan Year, even if it exceeds your year-to-date deposits to the
account. You then pay back the plan over the course of the year
with your payroll deductions.
In order to participate in the plan, an employee must be continuously employed by the current employer (State of Louisiana) for at least 12 consecutive months.
To qualify for medical reimbursement, an expense must meet the following requirements: