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800.462.2235 |
27Christina Street, Newton, MA 02461


CROSBY Connection: August 2012

2013 FSA Updates

Go Green! Go Paperless!

Catch The Renewal Wave

Utilize File Transfers To Speed Up Data Processing

Extending Transit Parity Still A Possibility




Sep 3: Labor Day, the Crosby offices will be closed

Sep 9: CUPA National Annual Conference at the Marriot Copley Place, Boston, MA

Sep 20: NEEBC COBRA Workshop. Crosby's Linda Fulton will be discussing the Who, What, When, Where and Why of COBRA; at Workscape, Marlboro, MA



Did You Know . . .


. . . Crosby offers HSA Administration as an integrated option with other reimbursement accounts?

> Single Web Login For All Account Types

> Debit Card

> Full Self-Service of Investment Funds


. . . You can streamline your commuter program and add revenue?

> Quick Implementation

> Easy-To-Use

> All Major Metro Areas Covered

> Fully Automated


. . . We can manage your HIRD Form process? Are you complying with your 30-day deadlines?

> After Open Enrollment

> New hires who turn
down coverage

> Employees who drop coverage

Our process is designed to distribute, track and store Employee HIRD Forms so that you don't have to. 


For more information about any of our services, please contact Darla Rosenfeld via email or call 617-630-0468.



Get A Team Roster


We use a client-centered team approach to best meet your needs. For your team roster, please email us here.

Medical FSA Plan Document Update
 Amendment Required


Description: News FlashNow that the U.S. Supreme Court has upheld the Patient Protection and Affordable Care Act (PPACA), Section 9005 amends Section 125 of the Internal Revenue Code to cap Medical Flexible Spending Account (FSA) salary reductions for plan years beginning on or after January 1, 2013 at $2,500.

This regulation change requires modification to your Plan Document.

If you are a current plan document client, Crosby will automatically send an amendment. Amendments to your plan document will need to be appropriately adopted which may require assistance of Legal Counsel before January 1, 2013.

If you have questions about these forthcoming changes, please contact your client consultant: Darla Rosenfeld, Linda Fulton or Max Crosby.

* * * * * * * * * * * * * * *

IRS Considers Changes to Use-It-Or-Lose-It  

Elsewhere, there has been increased traction surrounding the concept to eliminate the FSA use-it-or-lose-it rule, especially now that the new $2,500 Medical FSA maximum is taking effect on January 1, 2013. A common-sense approach would allow participants to roll over their unused funds into the next plan year rather than forcing them to spend down their elections. If you are interested in submitting your comments to support the elimination of the use-it-or-lose-it rule, visit and send your letter today.



Go Green! Go Paperless!
Boosting E-Communication and Direct Deposit Participation


Description: GoGreen_SmaillLast month, Crosby refreshed its Go Green! Campaign in an effort to significantly increase direct deposit and paperless communication participation among reimbursement account holders. The following two initiatives were launched:

1. Our Go Green! Go Paperless! insert was sent with every July Summary Statement explaining how participants can easily sign up for direct deposit and electronic communications.

2. We sent a similar email to all participants (with an email address) that have not yet signed up for direct deposit and/or electronic communications.

With your help and our continued efforts, we hope to reach our goal of 70% participation by the end of this year. To date, 30% of our account holders have signed up.


What you can do to help: Crosby can provide an article/language that you can put in your newsletter or on your employee website. Please help us publicize this effort.

While this is a bold goal, we are committed to reaching it so that we can keep costs down (as postage and mailing costs increase) and reduce the amount of paper used to communicate with participants, thus generating less waste. We look forward to future initiatives and greater participation as we head toward the renewal season.



Catch The Wave

Make The Most Of Your 2013 Renewal Season 


Description: Rewewal WaveFor many of you, Open Enrollment season is just getting underway and once again Crosby is committed to helping you boost Flexible Spending Account participation. Don't forget: a new $2,500 limit will be imposed on Medical FSA annual elections beginning January 1, 2013. Thus, making sure your employees are aware of the changes is important. Below are some of the tools we can provide to assist you with promoting FSA enrollment.

Custom Communications & Promotional Materials: We can include customized communications with your enrollment packets. Promotional materials to boost participation such as FSA brochures and informational one-pagers are also available.

Flex Debit Card: Our card adds convenience by giving participants direct access to their Medical FSA funds without having to pay out-of-pocket. Take advantage of the Flex Debit Card today.


FSA Videos: Crosby offers brief videos (one with Flex Debit Card information and one without) promoting the benefits of an FSA. They can be found on our website.


Benefit Fairs: Fairs are a great way for Crosby to speak directly with your employees about the benefits of FSAs. Since we receive many requests to participate, please understand that scheduling is done on a first-come-first-serve basis. To request our participation, please email Nancy D'Allessandro as soon as possible with the following information:


· Date and Time of fair

· Estimated attendance

· Location (please be specific)

· Parking arrangements

· Raffle - should Crosby contribute a raffle prize?


Crosby will attend benefit fairs upon request, subject to availability.

To take advantage of these solutions and learn more about preparing for your renewal season, please contact your Crosby Consultant.



Automated Data Exchange
Reduce Processing Timing and Increase Data Accuracy


Description: ReimbursementDid you know that you have the ability to automate the information exchange for reimbursement, billing and other services through file transmission? We can accept census, enrollment, payroll and eligibility files to process changes within your participant's accounts. If you haven't taken advantage of our automated data exchange, we encourage you to start now. We will work with you to streamline your processes to ensure that our systems are updated faster and with greater accuracy.

To learn more, please contact your client consultant: Darla Rosenfeld, Linda Fulton or Max Crosby.



Transit Benefit Parity Still Possible

MAP-21 and HR 6606-Commuter Savings Act 


Description: CommuterIn late June, the U.S. Senate and House of Representatives adopted the conference agreement to the "Moving Ahead for Progress in the 21st Century Act (MAP-21)" to reauthorize surface transportation programs. Though the Senate-adopted version of the legislation called for a one-year extension of parity between the transit and parking benefit, the transit provision was not included in the joint legislation. However, Congress is expected to consider a tax extenders package later this year that may include the transit provision.

In addition, Representative Nan Hayworth (R-NY, 19th) introduced H.R. 6606, the Commuter Savings Act, that would extend the parity between transit and parking benefits through the end of 2013. To date, Reps. Robert Dold (R-IL, 10th) and Peter King (R-NY, 3rd) have joined as cosponsors.


Superior Outsourced Benefits Administration


Since 1976, Crosby has developed benefit programs for over 500 organizations. Crosby has built its stellar reputation by focusing on the design and delivery of quality benefit services. Crosby offers a wide range of benefit related services including: FSA, HRA, HSA, COBRA, Commuter Benefit Plans, Enrollment & Eligibility, Direct Billing, Tuition Reimbursement as well as customized services. Crosby is dedicated to its "High Tech and High Touch" approach, focusing on quality, customer service and creative solutions.


The Crosby Connection Newsletter is intended for Crosby Client Contacts.

© 2012 Crosby Benefit Systems