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Health Care FSA. A Health Care FSA allows employees to set aside pre-tax dollars out of their paychecks to pay for eligible health care expenses. Funds put into the plan avoid both Federal Income Tax and FICA, creating a tax savings for both the participant and the employer! request a quote.
A. Limited Purpose Medical Care Flexible Spending Account (FSA) â âLimited Purpose Medical Care FSAâ coverage is . qualified coverage. for those also participating in a Health Savings Account (HSA). Reimbursement under the Limited Purpose Medical Care FSA will be limited to: a. Services or treatments for dental care (excluding premiums) b.