Since Joel started working in mid-August, we only elected to have $100.00 put into our Flexible Spending Account for the rest of the calendar year. We figured that should cover any co-pays or surprise ER visits for 4 months. We're not big doctor-goers and we're generally healthy. Plus we all got new glasses in April.
Well, as luck would have it, somebody entered our $100.00 for the year as $100.00 per paycheck. We just noticed the error last week, which is obviously a bit late in the game. We were able to stop it coming out for the next two paychecks, but that still leaves us stuck with $700.00 in our FSA, which is more than we have ever in our lives put in for an entire year, much less 4 1/2 months.
And we have to use it all by December 26.
Chloe's broken wrist has been the only expense so far since moving here, as the insurance covers all well child exams completely. Our out of pocket for the wrist? A whopping $75.00.
So. We can either go buy $625.00 worth of Band-Aids, aspirin and saline solution for the contact lenses I only wear once a week or so, or we can get new glasses (again) and dental work done. Normally, I'd hope we didn't have a lot of dental work, but now I'm hoping that there are some unforeseen problems that we can take care of with our unwitting healthcare "windfall."
I'm also hoping that if we aren't able to use it, that we can plead our case further and be reimbursed for the unused portion. Because the benefits lady took Joel's file out this morning, and clear as day it said Annual Election-$100.00.
I'm not holding my breath, though.
Moral of the story?
Always read your check stubs and don't be surprised if I give you athlete's foot cream and Tylenol for Christmas.