FSA HSA DCAP: Open Enrollment 2021
Flexible Spending Arrangement, Dependent Care Assistance Program, & Health Savings Account
You may choose to enroll in an FSA if your medical coverage is with a low-deductible plan (Classic, Value, Select, Plus, or SoundChoice), or you waived your WSU coverage. The Consumer-Directed Health Plans (CDHP) will automatically enroll employees in a Health Savings Account (HSA), which makes those employees ineligible for an FSA. If your family will also be enrolled in an HSA, at WSU or elsewhere, you may need to adjust your selections. View the Health Savings Account webpage for more information.
FSA & DCAP
Re-enrollment is required during the annual open enrollment period. Enrollment in a previous year is not rolled forward into a new plan year.
- Enroll or Re-Enroll in an FSA/DCAP Account Online
- Enroll or Re-Enroll in an FSA/DCAP via Paper Form
- General Navia Forms & Documents
Changes for 2021
Annual FSA contribution limits will increase for 2021:
- FSA: Minimum of $240, maximum of $2,750
- DCAP: Cannot exceed $5,000 per household, or $2,500 each if married and filing separately
The FSA and DCAP benefits are offered by Navia Benefit Solutions. Visit the Navia webpage for additional details and contact information.
HSA
Employees enrolled in a Consumer-Directed Health Plan (CDHP) are automatically enrolled in a Health Savings Account (HSA). WSU will contribute to HSA accounts, and participants have the option to contribute as well through pre-tax payroll deduction. Any 2021 payroll deduction forms submitted during open enrollment will be effective January 1, 2021.
- 2020 Employee Authorization for Payroll Deduction to HSA
- 2021 Employee Authorization for Payroll Deduction to HSA
Contributions
WSU Contributions to participants’ HSA Accounts (no change):
| HSA Contributions – WSU | Monthly | Annual |
|---|---|---|
| Employee Only Coverage | $58.34 | $700.08 |
| Employee + One or More Dependents | $116.67 | $1,400.04 |
Employee Contribution maximums (change):
| Group | 2021 Annual Contribution Limit |
|---|---|
| Employee Only Coverage | $3,600 |
| Employee + One or More Dependents | $7,200 |
| Over age 55 – Catch-up Contribution | $1,000 |
Please note: If you are eligible for the SmartHealth Wellness Incentive you will need to include the $125 one time deposit in the annual contribution maximum.
The HSA benefits are administered by HealthEquity. Visit the HealthEquity webpage for additional details and contact information.