Flexible Spending Program

The GIC sponsors a pre-tax benefit program that includes two tax-saving reimbursement accounts.  The Health Care Spending Account (HCSA) and the Dependent Care Assistance Program (DCAP) allow you to set aside pre-tax money from your paycheck to be used for certain health care and dependent care expenses. 

Through the GIC's Health Care Spending Account (HCSA), administered by Benefit Strategies, active employees can pay for out-of-pocket health care expenses on a pre-tax basis. Examples of qualified HCSA expenses: physician office visits; prescription drug copayments; medical deductibles and co-insurance. For Fiscal year 2020, participants can contribute from $250 to a maximum of $2,700 through payroll deduction on a pre-tax basis.

New for FY2020 - HCSA Debit Cards

  • Current ASIFLex FSA members will have a claim and debit card blackout period, June 17 - June 30, 2019
  • Benefit Strategies will handle all claims starting on July 1, 2019. This includes the FY2019 2.5 month grace period and the FY2020 plan year.
  • All FY202 HCSA enrollees will receive a free set of 2 debit cards. These cards can also be used for any FY2019 balance remaining for use during the grace period dates.

*Commonwealth's Commuter Choice is offered by the Office of the State Comptroller; please see www.benstrat.com/clients/commonwealth for program details.

The Dependent Care Assistance Program (DCAP), also administered by Benefit Strategies, allows state employees to pay for qualified dependent care expenses for a child under age 13 and/or an adult dependent - including day care, after-school programs, elder day care, and day camp - on a pretax basis. You may elect a tax year DCAP contribution of up to $2,500 if married and fling separately or $5,000 per household.