2018 Aflac Incorporated Benefits Guide

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How to Apply for
Aflac Coverage
FLEXIBLE SPENDING ACCOUNTS (Not available for residents of Puerto Rico)
WageWorks provides third-party administration for flexible
spending accounts. WageWorks brings to you and our
policyholders simple-to-use technology solutions for requesting
reimbursement for eligible expenses. We encourage you to
explore how flexible spending accounts can benefit you and
your family.
EL IGIBI L ITY
Full- and part-time employees are eligible; however, officers
of Aflac or any wholly owned subsidiary are not eligible to
participate in the dependent care flexible spending account.
Part-time employees must work at least 20 hours per week to
be eligible to participate.
ABOUT THE ACCOUNTS:
Aflac offers two types of flexible spending accounts. Money in
each account may be used only for that account’s designated
purposes. During 2018, you may defer between $100 and
$2,600 into the health care flexible spending account, between
$100 and $5,000 into the dependent care flexible spending
account.
Your enrollment in a flexible spending account is for one
calendar year only. To continue participating, you must make
a new election each calendar year.
Plan carefully, as the Internal Revenue requires that unused
money in each year’s flexible spending account be forfeited,
known as the “use it or lose it” rule. You do have the ability to
rollover up to $500 in your health care flexible spending account
to the next year. When deciding how much money to contribute
to your accounts, be conservative but realistic with estimating
your 2018 expenses.
YOU SHOULD KNOW:
➤➤Save up to 40 percent on everyday expenses.
Open a WageWorks flexible spending account during
open enrollment and good things happen. You have
money ready for eligible expenses not covered by your
insurance, saving you up to 40 percent.
➤➤How Flexible Spending Accounts Work.
You can sign up for a flexible spending account during
open enrollment. You set aside some of your pay, before
taxes, from each paycheck to use for eligible expenses.
This is how you save money: $100 put into your flexible
spending account is $100 to spend on eligible expenses.
Without a flexible spending account, you pay taxes,
leaving up to $80 to pay for the same eligible expenses.
➤➤Use the WageWorks Debit Card.
Use your WageWorks Debit Card instead of cash or credit
at health care providers and pharmacies for eligible services,
goods and prescriptions. Typical expenses include
copayments for doctor visits and prescriptions, dental
and orthodontia expenses, vision care, and prescribed
over-the-counter drugs and medications. Remember to
keep your card – a new card is not issued each year.
Card transaction verification may be required. Save ALL
receipts.
➤➤Using Your Flexible Spending Account Is Easy.
When you elect a health care flexible spending account,
your account is funded with the full amount you choose
at the beginning of the year. As soon as that happens, it’s
ready to use for eligible expenses. Throughout the year, you
pay your account back with pretax contributions from
your paycheck. Accessing your account is easy:
• WageWorks Debit Card. Use it instead of cash
at health care providers and wherever accepted for
health-related services and health expenses.
• Pay Me Back. File a claim online, by fax or by mail for
reimbursement.
• On the Go. Use our mobile website to view your
account information.
➤➤Download the EZ Receipts™ mobile application.
Use your smartphone to file claims and take care of your
account paperwork from anywhere. Go to
to learn more.
You can also choose a WageWorks Dependent Care FSA to
help with the cost of care for eligible children or aging parents
while you are at work. A dependent care FSA works a lot like
a health care FSA, but your account is funded each payroll
period, making funds available as contributions are
taken from your paycheck.