Codes and Frequencies
HIFSA indicates whether the person had a Flexible Spending Account (FSA). These accounts are not insurance plans, and persons with an FSA are not required to have a private insurance plan (unlike health savings accounts [HSA]). Flexible Spending Accounts can be used to pay for "qualified expenses"; such expenses are usually medical expenses, but they can include other things, such as expenses for dependent care.
The survey text provided the following definition of an FSA:
Money deducted from an employee's pay into an FSA is not subject to payroll taxes; however, funds not used by the end of the plan year are forfeited to the employer.
The 2007 Field Representative's Manual provided a more detailed definition:
- 2007-2013; 2014 2015 2016 2017 2018: All persons.
- 2007-2018 : PERWEIGHT