HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. The Board shall provide at no cost to the employee Section 125 Flexible Spending Account which may be used to pay for eligible dependent care expenses and health care expense to the maximum allowed by law.
HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. For purposes of the Health Care Flexible Spending Accounts, “Dependent” shall mean any individual who qualifies as (i) the Spouse of the Participant or (ii) a dependent of the Participant under Section 152 of the Code as modified by Section 105(b) of the Code. This includes any “child” (as defined in Section 152(f)(1) of the Code) of the Participant who, as of the end of the Plan Year, has not attained age 27. Further, any child to whom Section 152(e) of the Code applies (having to do with special rules for divorced parents) shall be treated as a Dependent of both parents for purposes of the Health Care Flexible Spending Accounts.
HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. Collectively, the Health Care Flexible Spending Account and the Limited Purpose Health Care Flexible Spending Account. A physician or other health care professional licensed, accredited, or certified to perform specified health services consistent with state law. Health Insurance Marketplace or Marketplace Collectively, the exchanges established under Section 1311 of the Affordable Care Act. Health Savings Account or HSA A “health savings account” within the meaning of Section 223(d) of the Code, to which contributions may be made pursuant to the Flexible Benefits Plan. Although:
HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. A Participant may elect to receive payments or reimbursements of Qualifying Medical Care Expenses incurred in any Plan Year up to any dollar amount specified by the Participant, but not less than the minimum (if any) and not in excess of the maximum amounts that may be allocated to the Health Care Flexible Spending Account or Limited Purpose Health Care Flexible Spending Account, as applicable, as stated on the election form and/or in the enrollment materials for the Plan Year (which minimum and maximum amounts shall be set in advance of the Plan Year by Ardent Health Services and/or the Plan Administrator). For this purpose, amounts received that are attributable to reimbursements due the Participant’s Spouse or other Dependent(s) shall be considered to have been received by the Participant. Notwithstanding anything in the Plan to the contrary, the maximum amount that may be allocated to the Health Care Flexible Spending Account or Limited Purpose Health Care Flexible Spending Account, as applicable for a Plan Year pursuant to a Salary Reduction Agreement shall be subject to any applicable maximum as may be required by the Affordable Care Act or other applicable law (for the 2021 Plan Year, the maximum is $2,750). All expenses incurred are subject to the proof of loss and other provisions of Article VII.
HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. Separate Written Plan. This Article VII, along with all other relevant portions of the Plan, is intended to serve as the separate written plans of the Health Care Flexible Spending Accounts for purposes of 26 C.F.R. § 1.105-11(b)(1)(i) and Section 125 of the Code. The capitalized words, terms, and phrases used in this Article VII shall have the same meanings as those defined in Article II or in the Flexible Benefits Plan.
HEALTH CARE FLEXIBLE SPENDING ACCOUNTS. The Plan Administrator will establish and maintain on its books a Health Care Flexible Spending Account or Limited Purpose Health Care Flexible Spending Account, as applicable, for each Plan Year with respect to each Participant who has elected to receive reimbursement of Qualifying Medical Care Expenses incurred during his or her Period of Coverage or during the Grace Period, as applicable. The Health Care Flexible Spending Account is not available to any Participant enrolled in a High Deductible Health Plan. The Limited Purpose Health Care Flexible Spending Account is only available to a Participant enrolled in a High Deductible Health Plan.
