Flexible Spending Accounts 

Medical Expense Reimbursement Account (MERA)

This plan allows you to pay for eligible out-of-pocket expenses with pre-tax dollars. Eligible expenses include plan deductibles, copays, coinsurance, and other non-covered medical, dental, and vision healthcare expenses for you and your dependents.  Please note that domestic partners are not eligible for out-or-pocket expense reimbursement.

Dependent Care FSA

This plan allows you to pay for eligible out-of-pocket dependent care expenses with pre-tax dollars. Eligible expenses may include daycare centers, in-home childcare, pre-school, and before/or after school care for your dependent children under age 13 (other individuals may qualify if they are incapable of self-care and are considered your IRS tax-eligible dependents).  

Please note: All caregivers must have a tax ID or Social Security number, which must be included on your federal tax return. If you use the Dependent Care FSA, the IRS will not allow you to claim a dependent care credit for reimbursed expenses. Consult your professional tax advisor to determine whether you should enroll in this plan. 

HealthEquity

To get started, go to HealthEquity.com and click "Open New Account" on the top right-hand side. Then members must verify themselves by providing either their phone number or email address. Once that is confirmed you will then need to provide the following information to register:

First Name
Last Name
DOB (MM/DD)
Home Zip Code
ID Code (last 4 of SSN)

Health Equity Quick Start Guide

Download the Mobile App

• 24/7 access to your accounts on your mobile device, HealthEquity on the App Store or Google Play.  
• Check balances, file claims, and view account activity  
• Use the EZ Receipts app to take pictures of receipts and upload them to accompany claims

Determine How Much Money to Contribute to Your FSA

Estimate your annual need and consider any family changes that might have an impact on your expenses over the coming year. 

FSA Need Estimation Calculators 

Enroll in a Flexible Spending Account

• Enrollment is available during benefits Open Enrollment season (early November of each year).  
• Employees who are newly eligible for benefits should enroll using the enrollment form provided, within 31 days of hire. 
• Employees who have had a qualifying life event that allows them to make a change during the benefit year have 31 days from the date of the life event to make a change to their benefits. To make the change, contact benefits@wesleyan.edu or initiate a "Change Benefits" transaction in Workday using the Benefits Change job aid.

Using Your FSA

Once you are enrolled, HealthEquity will send you a debit card. When you incur a qualified expense, you can either pay with your debit card or submit the expenses through the HealthEquity.com website or mobile app (see FAQs for more details). 

Remember to save all receipts; you’ll need them for reimbursements and to validate your expenses with your employer or administrator. 

Eligible Expenses 

Qualified expenses are designated by the IRS. See examples of many common expenses on the HealthEquity.com website.

See IRS publication 502 for a list of specific examples. 

Education and Support Materials

• Flexible Spending Account Overview 
• HealthEquity FSA Presentation 
• Health Equity Quick Start Guide
• HealthEquity Content Library

FSA Frequently Asked Questions

Benefit Disclaimer 

Benefit summaries are provided for the convenience of Wesleyan employees. Employees are directed to read the relevant benefit plan documents. In the event of a conflict between the terms of any summary and the terms of actual plan documents, the terms of plan documents will control. Except where prohibited by collective bargaining or other agreement, Wesleyan reserves the right to alter, modify, or suspend any benefit at any time. While Wesleyan selects its benefit providers after thoughtful review, it disclaims responsibility for the ultimate performance of such providers.