Eligible Harvard employees have two types of reimbursement accounts to help cover eligible healthcare expenses. The Flexible Spending Account is an employee-funded, tax-preferred account available to all employees and can be used to cover many kinds of eligible out-of-pocket health expenses; you must enroll in this benefit. The Co-Payment Reimbursement program only covers co-payments above certain thresholds and is only available to employees earning less $95,000; you do not need to enroll in this benefit.
The Health FSA is a tax-sheltered account that you fund to pay for predictable health care expenses (medical, dental, and vision) that are not covered or are only partially covered by your plans.
The Dependent Care FSA is a tax-sheltered account that you fund to pay for care-provider expenses related for children (such as a daycare provider, nanny, preschool, after school program, etc.) up to age 13 and for dependent adults who cannot care for themselves.