Fortunately, there are still lots of ways to use up flex account funds, even at this late date.
- Chris Kalian
Elmsford, New York (PRWEB) December 12, 2012
New York based Eye Care Associates enters its 14th year in business online as the operator of Shopcle.com and CleContactLenses.com an online e-tailer that sells designer sunglasses, designer prescription frames, contact lenses, contact lens removers and vitamins amongst many other things.
Eye Care Associates is sending out notices to all of their clients reminding them that if they possess a health care flexible spending account, that they should act soon as the end of the year approaches and preventing a mad dash to the local drug store on new year’s eve to cash out there saving to avoid losing their saved funds.
For those that are not aware of what a health care flexible spending account is, it is an account that allows someone to use pretax dollars to pay for dental and medical expenses that aren't covered by their regular insurance plan. The account is funded by deductions from a paycheck, and then the user decides how much they wish to contribute during the year when they are enrolled in their employer's insurance. At most companies, any money left in the account at year-end is forfeited.
The timing of Eye Care Associates message is perfect. Since it is the holiday season, everyone is focused on holiday shopping, gift giving and holiday travel. With all the madness it is no wonder that there is a mad dash on New Year’s Eve to cash in on the funds your health care flexible spending account possesses.
This year, some may not even be aware of the new provision that is a part of the health care reform act that was signed into law last year. The new provision makes the task of zeroing out flex plans even more challenging. This year, account participants won't be reimbursed for purchases of over-the-counter drugs unless they have a doctor's prescription.
Fortunately, there are still lots of ways to use up flex account funds, even at this late date, says Chris Kalian a partner of Eye Care Associates. Some people aren’t even aware that they can purchase optical frames and contact lenses with their health care flexible spending account. It is for this reason Eye Care Associates is notifying all of their customers as a reminder to help them avoid losing out on the funds that have been saved all year long.
During cyber Monday, Shop CLE offered 40% off all of their designer sunglasses and optical frames and CLE Contact Lenses offered an 11% discount on all of their eye care products. During this period, the partners of Eye Care Associates noticed a large increase in orders then usual and this is in part due to those health care flexible spending account users maximizing their funds to the fullest.
If anyone possess a health care flexible spending account, Eye Care Associates message should be taken into consideration because if they don't use their hard earned money, they will lose it come the end of the year.
Shopcle.com and CleContactLenses.com are located in Westchester County, NY and have been in business online for the last 14 years selling designer sunglasses, designer prescription frames, contact lenses, contact lens removers and vitamins amongst many other eye care related items.