(PRWEB) December 13, 2012
For anyone thinking about having orthopedic, hand or wrist surgery next year California orthopedic specialist, Glenn D. Cohen M.D. provides patients with the following recommendations to ensure they are prepared for 2013.
With the Flexible Spending Account (FSA) open season deadline fast approaching, Dr. Glenn Cohen understands and provides the following recommendations to ensure financial preparedness for any patients who suffer orthopedic, hand or wrist conditions and need treatment or who are anticipating having surgery in the upcoming year.
The following 3 steps ensure that an FSA is properly utilized and an employee is saving and benefitting the most out of their elections:
1. In order for patients to come up with a pre-determined budget allocated for the year they must examine what their health needs are: any upcoming surgery needs, scheduled maintenance checkups, etc. It is important to carefully consider the amount chosen to elect.
2. Be sure to notify the appropriate HR person or employer contact who will handle the payment setup. The employer will deduct equal installments from your paycheck of the annual allotment elected.
3. From there, when an eligible expense is incurred the patient will pay for it out of pocket and submit a claim for reimbursement.
For 2013, FSA maximum contribution limits are equal to the amount of the earned income of the employee up to $5,000 per family, or $2,500 for a married person filing separately.
Dr. Cohen specializes in treating disorders of the hands, wrists, forearms, and elbows. While not all disorders require surgery, when electing an FSA it’s important to put aside a specific dollar amount from each payroll check to ensure coverage for deductibles and co-pays for treatments and therapy as well.
About Glenn D. Cohen, M.D.:
Glenn D. Cohen, M.D. is certified by the American Board of Orthopedic Surgeons. He is subspecialty trained and possesses a Certificate of Added Qualifications in Surgery of the Hand. Dr. Cohen treats disorders of the hands, wrists, forearms and elbows. He is well versed in both non-operative and surgical care of all disorders and treats all types of Upper Extremity Conditions including arthritis, complex trauma, fractures, nerve compression, hand and wrist deformities. For more information, please visit: http://www.handsurgeon.org