Cover Health Care Costs for Special Medical or Educational Needs

Learn how a health care flexible spending account can help you save money on certain costs for your family member with special medical or educational needs.

Host Bruce Moody speaks with Megumi Murakami, executive director for flexible spending accounts for the Defense Department’s Office of Personnel Readiness and Tomeshia Barnes, DOD Office of Special Needs. They discuss how a flexible spending account allows families to set aside pretax earnings to pay for certain expenses. This can help service members enrolled in the Exceptional Family Member Program cover out-of-pocket costs for special medical needs, including TRICARE’s Extended Care Health Option or educational needs like speech therapy.

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Resources

Listeners can find more information or support at the following:

• Military OneSource financial counseling
• Personal financial counseling on your installation
• MilTax tax consulting
• Military Flexible Spending Accounts MilLife Guide
• FSAFeds.gov
• FINRED Flexible Spending Account page
• Guide to FSAs for Families With Special Needs