About Flexible Spending Accounts
Cobb County Government offers employees two Flexible Spending Accounts (FSA's):
- Healthcare Account
- Dependent Childcare Account
Flexible Spending accounts provide a way for you to pay for certain unreimbursed health care and dependent child care expenses with tax-free dollars. You contribute before-tax dollars directly from your pay to either or both Flexible Spending Account.
Why? Because you save money since the contributions are made before taxes. This is comparable to every $1.00 you elect only affecting your take-home pay by about $0.70.
All with the convenience of a MasterCard! Current FSA Participants must keep their card until the imprinted expiration date. Annual Elections are credited each year on January 1st. Replacement Cards are $7.50 and will be deducted from your FSA account.
Limits are :
- $5,000 to Dependent Childcare Accounts ($2,500 if married and filing separate returns)
- $3,010 in Medical Healthcare Accounts for 2024 and $3,200 for 2025
You can access your MedCom accounts online at the WealthCare Portal for MedCom. (Registration ID is MCOCOBCTY)
- Healthcare Accounts and Childcare Accounts are completely separate. You cannot use money set aside in your Healthcare Account for Childcare expenses and vice versa.
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Healthcare Accounts allow a carryover balance of unused elections of $610 for 2024 and $640 for 2025.
- Daycare Accounts have an IRS regulated "Use it or Lose it" policy. Any unused funds will not rollover to the following Plan Year.
If you have questions about the FSA benefit, contact Houze & Associates, Inc. at 800-523-7135 or enrollment@houze.org.
Manual Claims
Prefer to save up and file at one time? Simply complete a paper claim form. Submit the form in one of four ways:
- Email the form to MedcomReceipts@emedcom.net
- Fax the form to MedCom at 877-723-0149
- Mail the form to:
MedCom Flex Department
P.O. Box 10269
Jacksonville, FL 32247-0269 - Upload the form to FSA Online Account through the WealthCare Portal for MedCom (Registration ID is MCOCOBCTY)
- Download the MedCom App, Medcom WealthCare Mobile, from the AppleStore and Google Play.