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NEW Health Care Spending Account for UWOSA Members - Effective April 1, 2012

Effective April 1, 2012, a Health Care Spending Account (HCSA) benefit is available for continuing and sessional UWOSA members. Each member will be allocated $325 per calendar year (for family coverage) or $200 per calendar year (for single coverage) for their HCSA.

Your Health Care Spending Account can be used to cover medical and dental expenses that are not covered (or only partially covered) by your Extended Health and Dental Plan. For instance, you can use it to help pay for prescription dispensing costs, for the portion of a dental bill you would normally pay for yourself, for chiropractors, physiotherapists and massage therapists, and a wide variety of other expenses.

Unused funds from the HCSA may be carried forward one calendar year, but tax laws do not allow it to be carried beyond one year. HCSA allocations that are unused by the end of the second calendar year will be forfeited.

If you would like further information please go to http://www.uwo.ca/humanresources/facultystaff/comp/benefits/hcsa-uwosa.htm