Make the Most of Your Flex Spending Account

Utilize your 2016 dollars before they are lost, and plan accordingly for 2017

LOS ANGELES--()--The California Association of Orthodontists would like to remind consumers to check their flexible spending accounts (FSA) and ensure all dollars have been utilized before they expire. Most FSA programs have a firm start and end date, which means the dollars must be used or they are lost. For this same reason, it is also the right time to think about contributions for 2017. Determining the right amount to contribute – not too much or too little – will help consumers maximize their tax benefit.

“Your orthodontist can help identify any treatment that may be needed in 2017 to better assist you in planning for your 2017 flex spending account”

To help utilize remaining 2016 dollars, and to plan for 2017 contributions, a visit to the family orthodontist specialist might be timely.

“Your orthodontist can help identify any treatment that may be needed in 2017 to better assist you in planning for your 2017 flex spending account,” said Dr. Mary Cooke, a member of the California Association of Orthodontists and the American Association of Orthodontists. “We want to help you maximize your flex savings benefits.”

An FSA is a benefit usually offered through an employer. The plan allows someone to set aside pre-tax dollars to pay for eligible health care expenses for themselves, their spouse or their family. Though the reimbursement process for orthodontia may be different than other health care expenses, it does qualify as an approved expense for flex spending accounts.

There are multiple ways to use flex spending dollars for orthodontic treatments. If the patient pays for the full cost of treatment during a plan year, they can be reimbursed for the full amount within that same year. Patients also have the option for monthly reimbursements after the initial treatment fees.

“Orthodontists are well-versed on the guidelines and usage of flex spending accounts,” said Dr. Cooke. “We can help you understand the best approach and make sure you are working within the guidelines of your plan.”

About Orthodontists and the California Association of Orthodontists

Orthodontists are specialists and have an additional 3,000+ hours of orthodontic training after dental school during their residency. Comparing an orthodontist to a dentist is analogous to comparing a medical specialist to your primary care physician. Like the family doctor, dentists are excellent at covering a wide range of general issues. You should consult an orthodontist to treat more complex alignment and orthodontic cases.

The California Association of Orthodontists is a chapter of the American Association of Orthodontists, the world’s oldest and largest dental specialty organization. It represents more than 18,000 orthodontist members throughout the United States, Canada and abroad. The Association admits only orthodontists for membership. It encourages and sponsors key research to enable members to provide patients with the highest quality of care, and is committed to educating the public about the need for, and benefits of, orthodontic treatment. For more information go to mylifemysmile.org.

Contacts

The Summit Group
Jennifer Hurst, 801-983-8484
jhurst@summitslc.com

Release Summary

Utilize Flex Spending Accounts (FSA) before the end of 2016 and plan for 2017 expenditures.

California Association of Orthodontists