MyFlex Advantage plans are designed for members to take advantage of the convenient and easy-to-use pre-tax benefit plans available through UPMC Health Plan. MyFlex Advantage helps members save money and gives them better control of their health care spending.
Our MyFlex Advantage plans allow members to choose from a number of qualified pre-tax benefit plans, including:
Health Care Flexible Spending Accounts
You can use your Health Care FSA to pay for qualified medical, dental, and vision out-of-pocket expenses, as well as prescription medications that are not covered by your insurance plan. You simply set aside money that is tax-free and either you or your eligible dependents can access the funds.
Limited Purpose Health Care FSA Accounts
Similar to a Health Care FSA, a Limited Purpose Health Care FSA only reimburses dental, vision, preventive care, and post-deductible expenses. Participation in this type of FSA allows members to also participate in a qualified Health Savings Account (HSA).
Dependent Care Reimbursement Accounts
You can set aside up to $5,000 annually to offset daycare expenses for your eligible children or elderly dependents. (Note: You may set aside up to $2,500 if you are married and file a separate federal income tax return.)
Transportation accounts allow eligible employees to pay for their Transportation Benefits with pre-tax dollars contributed through their paycheck. These accounts have several benefits:
- Commuter Transit Accounts
- Transit Pass Expenses — Permits employees to pay on a pre-tax basis for mass-transit passes and vouchers that they use to commute to work.
- Commuter Highway Vehicle (Vanpool) Expenses — Permits employees to pay on a pre-tax basis for vanpool expenses for commuting to work.
- Qualified Parking Expenses — Permits employees to pay on a pre-tax basis for parking expenses near their work or where they commute to work.
Please check with your employer on which benefits are available to you.
MyFlex Advantage card
The card gives members instant access to their MyFlex Advantage accounts. The card allows members to pay for qualified health care expenses wherever MasterCard® is accepted—from physician and dental offices to local pharmacies and optical shops. Approved expenses are automatically deducted from the member’s available balance.