SAVE Award 2011 Ideas

FSA is a good idea. It allows employees to pay for the out of pocket medical costs with their pre-tax dollars. The problem is that with the new health care law, the system has gone from "anything's eligible" to a confusing system where many less expenses are eligible. I get it that the system needed to be fixed, but it's ridiculous that participants must now 1)figure out what's reimbusable; 2)figure out how it gets reimbursed... more »

It's great to have a flex spending account, but it's a very cumbersome and inefficient process to actually take advantage of the account. You have to save receipts (paper that could be recycled), then fill out a form(s), print the form(s) (again paper that could be saved & recycled), then fax the form(s), and then wait to see if the expenses will be reimbursed.

Why not issue FSA Visa or Mastercards that are loaded... more »