Common use of Health Care FSA Clause in Contracts

Health Care FSA. a. Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-tax “salary reduction” election up to a maximum amount permitted by the IRS (exclusive of teacher contributions for health coverage) per year, and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 3 contracts

Samples: Agreement, dam.assets.ohio.gov, serb.ohio.gov

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Health Care FSA. a. Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-tax “salary reduction” election up to a maximum amount permitted by the IRS of $2,500 per year (exclusive of any teacher contributions for health coverage) per year), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 3 contracts

Samples: Agreement, dam.assets.ohio.gov, serb.ohio.gov

Health Care FSA. a. 1) Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-pre- tax “salary reduction” election up to a maximum amount permitted by the IRS maximum allowable amount per year (exclusive of any teacher contributions for health coverage) per year), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 2 contracts

Samples: Agreement, Agreement

Health Care FSA. a. Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-tax “salary reduction” ―salary reduction‖ election up to a maximum amount permitted by the IRS of $2,500 per year (exclusive of any teacher contributions for health coverage) per year), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 2 contracts

Samples: Agreement, Agreement

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Health Care FSA. a. Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-tax "salary reduction" election up to a maximum amount permitted by the IRS of $2,500 per year (exclusive of any teacher contributions for health coverage) per year), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 1 contract

Samples: serb.ohio.gov

Health Care FSA. a. Under the Cafeteria Plan, each teacher will be allowed to make a separate pre-tax “salary reduction” election up to a maximum amount permitted by the IRS of $2,500 (exclusive of teacher contributions for health coverage) per year, and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer.

Appears in 1 contract

Samples: An Agreement

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