Flexible spending account changes

Question

When will we receive more information about the new process for managing FSAs? I saw an announcement that UAF has contracted with a new company and there will be a debit card option. However, it’s almost July 1 and there has been no additional information disseminated.

Response

Our web site (http://www.alaska.edu/benefits/flexible-spending-account/) is updated for the new plan year, and FSA participants have received their confirmation statements from our new company,  ASIFlex. You can complete and submit the card application located here:  asiflex.com/debitcards. This company specializes in working with public employers and offers the best administrative fee when employees sign up for email/text messaging and direct deposit. To learn more, go to asiflex.com and asiflex.com/debitcards.

— Erika Van Flein, director of benefits, UA system