Employees enjoy complete freedom to use the card for services that are right for them.

HRA Only

If The Choice Care Card™ is funded solely by the employer, it can be set up in either of the following configurations:

1. Allow a rollover of the unused funds. Employers may choose to allow a full or partial rollover of the unused employer funds into their next year’s plan. This way, an employee can establish a balance in his or her account to cover out-of-pocket medical expenses in the case of an unforeseen illness.
 
2. Reset the employer portion of the fund back to zero at the end of the year. In this scenario, the employer retains any unused monies remaining in the account.

HRA and FSA

If The Choice Care Card™ is funded with both employer and employee funds, it can be set up with either of the following configurations:

1. Allow a rollover of the unused funds. Employers may choose to allow a full or partial rollover of the unused employer funds into the next plan year. This way, employees can establish a balance in their accounts to cover out-of-pocket medical expenses in the case of an unforeseen illness. The employee portion of the fund is subject to "use or lose it" rules.

2. Reset the employer portion of the fund back to zero at the end of the year. The employer retains any unused monies remaining in the account at the end of the year. The employee portion of the fund is subject to "use or lose it" rules.

FSA Only

If The Choice Care Card™ is funded with employee money only, any funds left in the account at the end of the year are subject to federal "use or lose it" rules.

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