it's my understanding that because of Obamcare that FSA max will be $2,500 starting in 2013. While writing this law it was determined that FSA is considerd a wealthy person deduction and an advantage not available to everyone. Hence, the cap change from 5,000 to 2,500 I guess to level the 'playing field'.
If true, I totally depise this change. My pods cost me $250 every 3 months. So that is $1,000 out of my pocket without all my other medical costs for Humalog, Symlin and my various other meds for cholestrol and high blood pressure. Not to mention my 2 eye doctor, 2 foot doctor, 4 dentist visits, GP and endo visits during the year.
I can estimate my out-of-pocket costs at around $3,000 conservately and I am not weathly.
can anyone verify this new FSA cap amount?