Health Flexible Spending Accounts (FSAs) are subject to COBRA. However, most FSAs are only required to offer COBRA if the account has a positive balance. In other words, the beneficiary has contributed more that he or she has received in reimbursements. If the account is overspent, COBRA does not have to be offered.
The COBRA Blog
Tags: fsa under cobra
COBRA CONUNDRUMS reprinted from the January, 2014 issue of Health Insurance Underwriter Magazine featuring our very own Robert Meyers.