Kelsie sets aside money pretax using the FSA and DCAP to pay for out-of-pocket expenses.
"I had my first child in 2021 and my second in January 2023. Having the flexible spending arrangement benefit, as well as the Dependent Assistance Care Program benefit, has really helped me save on medical bills and dependent care expenses, and to not stress about how to pay for them. I also have UMP Plus–UW Medicine ACN and being enrolled in this network has really helped me save tons on coinsurance and health care services; I just need to make sure my provider is in my network. The Regence website makes it easy to tell who I can chose as a provider and what facilities are in my area. My advice is if you are not enrolled in a high-deductible plan, it is really beneficial to sign up for FSA during annual open enrollment! You can choose the amount of pretax money you want to take out of your paychecks to pay for eligible medical expenses."