Reimbursement Accounts at a Glance
Traditionally, there were two types of reimbursement accounts (also known as "Flexible Spending accounts," or "FSAs"). Now, with the introduction of medical plans that qualify as "High-Deductible Health Plans" or "HDHPs," there are three accounts that offer this tax-advantaged way to save:
  • Health Care Reimbursement Accounts ("HCRAs"),
  • Dependent Care Reimbursement Account ("DCRA"), and
  • Health Savings Accounts ("HSAs"), available only if you are covered under a HSA Medical Plan, the Company's HDHP, administered by Anthem Blue Cross.
Health Care Reimbursement Account (HCRA)
  • The account allows you to set aside pre-tax contributions, to reimburse your eligible health care expenses that are not covered by health care insurance benefits.
    • If you are covered under the HSA Medical Plan, your use of the HCRA is only for eligible dental and vision expenses.
  • You can allocate between $50 and $5,000 a year per individual or married couple filing a joint tax return. (Employees with an opposite-sex spouse filing separate tax returns may each contribute up to $2,500.)
For additional information, see "How HCRAs and DCRAs Work" in the Reimbursement Accounts section.
Dependent Care Reimbursement Account (DCRA)
  • The account allows you to set aside pre-tax contributions, to reimburse your eligible expenses to care for children or other dependents so you can work or attend school.
  • You can allocate between $50 and $5,000 a year per individual or married couple filing a joint tax return. (Employees with an opposite-sex spouse filing separate tax returns may each contribute up to $2,500.)
For additional information, see "How HCRAs and DCRAs Work" in the Reimbursement Accounts section.
Health Savings Account (HSA)
  • The account allows you to pay for current and future eligible out-of-pocket health care expenses, like the HCRA.
  • When you enroll in the PG&E-sponsored HSA Medical Plan, the Company automatically opens an HSA for you and contributes to the account on your behalf.
  • You may also elect to put money into this special bank account by contributing before-tax salary dollars from your pay or by making after-tax contributions.
  • You never forfeit unused amounts.
  • With a HSA, your use of the HCRA is only for eligible dental and vision expenses.
For additional information, see "Health Care Reimbursement Account" in the Reimbursement Accounts section.