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Navia Flexible Spending Account Updates

Bymfulton Updated on

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Due to COVID-19, the IRS has allowed some changes to the Flexible Spending Account process for the rest of the plan year:

  • Mid-year election changes for health care and dependent day care FSAs for the remainder of the 2020 plan year will be allowed with or without a qualifying Life Event. This change allows participants to enroll, drop, decrease or increase their election. Contact your Benefits Office if you would like to make a change to your monthly deduction, and it will become active the following month. Participants may not decrease their health care FSA election beyond the amount that they have already been reimbursed.
  • The FSA Grace Period for expenses incurred and charged towards a participants’ FY2020 account(s) has been extended through December 31, 2020. Previously the grace period ended on November 15 of the following fiscal year.

Expanded Debit Card Usage*

Participants with Navia Dependent Day Care Accounts can now use the Navia Benefits debit card to pay for day care expenses. Participants will be able to swipe their debit card to pay eligible providers directly, rather than submitting claims and waiting for reimbursement. The addition of the debit card makes paying for daycare simple, quick, and efficient. This is a permanent change.

Day Care debit cards were activated in June for:

  • Participants who already have a Navia Benefits debit card, their Day Care FSA funds were automatically made available on the card on the release date, and
  • Participants who do not have a Navia Benefits debit card who should have automatically received a card at their address on file.

If you don’t have a Navia debit card and would like to request one, log in to your Navia account at https://naviabenefitsolutions.com.

*The Navia Benefit card may be declined at some daycare providers because they are not an approved vendor.

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