IQVIA Benefits Handbook
OTHER IMPORTANT INFORMATION
Keeping Track of Your Account
You can keep track of your account activity by logging on to the Mercer Marketplace website at www.yourflexbenefits.mercermarketplace365.com. You can also call 866-268-0142.
  • Participation in the FSA Plan is optional; you may enroll in one, both or neither of the spending accounts.
  • You do not have to enroll in the Medical or Dental Plans to participate in the FSA Plan.
  • You do not have to have family medical or dental coverage to submit expenses for your eligible dependents. However, the definition of an eligible dependent is different for the Dependent Care FSA. See the Participating in the Health Care Plans section.
  • Your life insurance and disability benefits are based on your annual base salary and are not affected by your contributions to the FSA Plan.
  • Money in the FSA accounts is nontransferable. If you run out of money in your Dependent Care FSA, you may not use money in your Health Care FSA to pay for dependent care expenses and vice versa.
  • You may only submit expenses that are incurred during the current calendar year.
  • You have until March 31 of the following year to submit expenses incurred during the current calendar year. If you think that your claim will be delivered after March 31, you should send it "Certified" in order to confirm that you mailed it by March 31. If you do not submit claims by March 31, you will forfeit any money remaining in your accounts.
  • You may only submit expenses that are incurred while you (or a dependent) are participating in the FSA Plan.
  • If you are hired mid-year, the annual contribution limits do not decrease. You are still eligible to deposit the maximum amount. The total amount you elect will be taken in equal deductions from the remaining pays in that calendar year.
  • Because you are not paying FICA taxes on your contributions, participating in the FSA Plan may result in a slight reduction in your Social Security benefits at retirement. Generally, the effect on your benefits will be minimal and offset by the money you save in taxes by participating in the plan.