To receive reimbursement from your MIT Health Care FSA, you must either use your MIT Health Care FSA debit card, file an online claim, or complete and return the Health Care FSA Reimbursement Form (PDF). However you choose to file a claim:
- The eligible period for submitting claims is from January 1 through March 15 of the following year. This means that you can use the funds in your Health Care FSA account to pay for medical expenses incurred through March 15 of the following year.
- Claims for expenses you pay on or before March 15 of any given year will be paid out of your account balance from the previous year's contributions.
- You are reimbursed for the full amount of your claim—regardless of your account balance—as long as your claim does not exceed your annual contribution.
- You receive your reimbursement within two weeks after filing your claim.