BPC (Benefit Planning Consultant)
The BPC group now handles our Section 125, Pre-Tax program. Under the Pre-Tax program, you may elect to have three types of deductions: (1) all medical premiums (major medical, vision, and AFLAC policies), (2) Unreimbursed medical expenses, (3) Dependent care, withheld from your paycheck prior to your salary being taxed.
BPC offers the unreimbursed medical and dependent care plans. You may use the reimbursement claim form to fax your Unreimbursed Medical and Dependent Day Care expenses to:
PO Box 7500
Champaign, IL 61826-7500
You may also visit their website www.bpcinc.com to track the balance of your account. Click here for website instructions.
Use it or Lose it Rule: You have 90 days after the calendar year end in which to turn in your claims for reimbursement under the Unreimbursed Medical and/or Dependent Day Care (FSA). The claims for reimbursement must have dates of service that fall within your FSA coverage period. If you miss the deadline, you forfeit your monies – No exceptions.
Annual Election for BPC is once a year in October for January 1 renewal. You must re-enroll for the unreimbursed medical and dependent day care expenses each year.
For more information contact:
Benefit Planning Consultants (BPC) 1-877-272-8880
or by visiting their website www.bpcinc.com