Flexible Spending & Health Savings Accounts

Flexible Spending Account (FSA)

The County of Santa Barbara offers you a Medical, Dependent Care and/ or Limited Purpose Flexible Spending Account (FSA) through Benefits Coordinator Corporation (BCC). In order to keep the accounts active, a minimum employee contribution of $5.00 per pay period is needed for Medical FSA, Dependent Care FSA and Limited Purpose FSA. If you do not contribute the minimum $5.00 per pay period or you stop contributions it terminates the account and stops continued access to the plan. You would then only be able to submit claims incurred prior to the termination date of the account. The account must be active in order to use the rest of the balance in the FSA account. You will then have up to 90 days after terminating an account to submit any claims for eligible expenses incurred while your account was active. The Limited Purpose FSA is only available to Blue Shield HDHP plan members. You cannot have a Medical FSA and a Limited Purpose FSA but you can have a Limited Purpose FSA and a Health Savings Account (HSA).

Reminder: If you want to continue having a FSA account in 2021 you need to sign up for it again during open enrollment. They do not roll over.

FSA Breakdown

Medical FSA Account

This plan allows you to pay for eligible out-of-pocket healthcare expenses with pre-tax dollars. Eligible expenses include medical, dental, or vision costs such as plan deductibles, copays, coinsurance amounts, and other non-covered healthcare costs for you and your tax dependents. You can set aside up to $2,750.

Medical FSA Qualifying Expense List

Dependent Care FSA Account

This plan allows you to set aside up to $5,000 per household to pay for eligible out-of-pocket dependent care expenses with pre-tax dollars. Eligible expenses may include daycare centers, in-home child care, and before or after school care for your dependent children under age 13. Other individuals may qualify if they are considered your tax dependent and are incapable of self-care. For more Information.

Health Savings Account (HSA)

A Health Savings Account (HSA) is available to employees who participate in the Blue Shield High Deductible Health Plan (HDHP). This is a tax-advantaged savings account that allows you to save pre-tax dollars to pay for qualified health expenses.

New this year: Employees enrolled in a HSA account will need to go online to identify new contribution amounts for the 2021 plan year. All accounts will be defaulted to zero contribution at open enrollment. 

Mass Transit and Parking FSA Account

The County of Santa Barbara allows you to participate in a Mass Transit and Parking Flexible Spending Account.  

Use the money for all of your eligible work-related transit and parking expenses. Ineligible expenses include tolls, car maintenance, carpools and gasoline.

Mass Transit – includes vouchers, passes and fare cards for transportation via bus, commercial vanpool or train. The maximum IRS allowance for 2021 is $270 per month. You must contribute a minimum of $10 per month. You can elect to contribute up to $150 per year because the County contributes $120 annually.

Parking – includes parking at or near work, parking at or near a transportation site and Park & Ride expenses. The maximum IRS allowed amount for 2021 is $270 per month. 

COSB Employee User Guide w Revision date

How to Enroll and Manage Your FSA Account

BCC's My SmartCare - An Employee's Use

SmartCare Registration Instruction

SmartCare Portal Online Claims Submission Instructions

Flexible Spending Account Reimbursement Request Form

COSB Parking and Mass Transit for 2020

COSB FSA Brochure 2021

COSB Parking and Mass Transit Reimbursement