Health Savings (HSAs) and Flexible Spending Accounts (FSAs) help you save money by allowing you to use pre-tax dollars to pay for eligible expenses. Participants save an average of 30% on eligible expenses.
Benefit eligible employees have the option to enroll in these accounts during Open Enrollment or after a qualifying life event. Active enrollment is required each year.
The MCC Health Savings and Flexible Spending Accounts are administered by HealthEquity. The HealthEquity Member Services team is available by call or chat 24/7 every day of the year.
- Phone: (866) 346-5800
- Web: HealthEquity (to access your account information)
- Mobile app: Search for HealthEquity in the App Store or on Google Play
Health Savings Accounts
For 2026, MCC is introducing the MCC Health Savings Account (HSA) plan. Employees who enroll in one of MCC’s high-deductible health plans (HDHP)—PPO2 and PPOHD—will now be able to contribute to an HSA through pre-tax payroll deductions. Plus, they will automatically receive an employer HSA contribution of $50 per month (up to $600 per year) into their MCC HSA.
Please note: To participate in the HSA, your payroll must be provided by Paycor or Doeren Mayhew. The HSA will be administered by HealthEquity.
Documents
- HealthEquity: HSA vs FSA
- HealthEquity: Think high-deductible health plans (HDHP) cost too much? Not so fast!
Limited Purpose Flexibile Spending Accounts
In addition to Health Savings Acccounts (HSAs), MCC is adding Limited Purpose Flexible Spending Accounts (LPFSAs) which are designed for people who have a Health Savings Account and participate in one of the MCC high deductible medical plans, PPO2 or PPOHD. Because the IRS rules prevent participants in a high deductible health plan from having both an HSA and full purpose health care FSA, the LPFSA gives them a way to still use pre-tax dollars for eligible out of pocket dental and vision expenses allowing them to reserve more of their HSA dollars for current and future medical expenses.
Please note: To participate in the LPFSA, your payroll must be provided by Paycor or Doeren Mayhew. The LPFSA will be administered by HealthEquity.
Health Care Flexible Spending Accounts
A Health Care Flexible Spending Account (also referred to as a HCFSA) allows you to pay for eligible medical, dental and vision expenses such as copays, deductibles and coinsurance, and services that are not covered by a health plan. Please be aware that services, medications and devices that are excluded from the MCC medical plans are not eligible under the MCC Flexible Spending Account (example: birth control).
Plan carefully. At the end of the plan year, any unused funds greater than the maximum allowed rollover amount will be forfeited. 1
Documents and Forms
- Learn about HealthEquity FSAs
- Flexible Spending Account (with carryover)
- Flexible Spending Account Reimbursement Form
Dependent Care Flexible Spending Accounts
A Dependent Care Flexible Spending Account (also referred to as a DCFSA) allows you to pay for eligible dependent care expenses. A qualifying dependent may be child under age 13, a disabled spouse, or an older parent in eldercare.
Plan Carefully. At the end of the year, any unused will be forfeited. Rollovers for Dependent Care FSAs are not allowed per IRS.
Documents and Forms
- What is a Dependent Care Reimbursement Account?
- Dependent Care FSA: Take Care of Your Loved Ones and Unlock Amazing Tax Savings
- Dependent Care Reimbursement Account Reimbursement Form
Videos
2026 Health Savings and Flexible Spending Account Maximums
| HSA Limit | |
|---|---|
| Self-only | $4,400 |
| Family | $8,750 |
| Limited Purpose FSA Limit | |
| $3,400 $680 rollover from to 2027 | |
| Health Care FSA Limit | |
| $3,400 $680 rollover from to 2027 | |
| Dependent Care FSA Limit | |
| Single / Married Filing Jointly | $7,500 |
| Married Filing Separately | $3,750 |
Important Deadlines
- Deadline to incur eligible expenses: December 31
- Deadline to submit request for reimbursement: March 31
If you terminate employment or lose benefit eligibility during the plan year:
- Deadline for incurring eligible expenses is the last day of the month in which you leave employment.
- Deadline for submitting request for reimbursement is 90 days from date participation ends.
- Forfeited funds are used to pay the administrative cost of providing this plan.⇧