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20 <br />Attachment 5 <br />Page <br />FLEXIBLE SPENDING ACCOUNT OVERVIEW <br />Employees may contribute a maximum of $3,000 to the Medical Spending Account and up to <br />$5,000 to the Dependent/Child Care Spending Account each plan year. Employees may <br />contribute to one or both accounts. <br />Participation nearly doubled since 2008, due largely to the addition of a pre-paid debit card for <br />the Medical Spending Account in 2008. <br />Number of Participating Employees <br />Type of Account 2008 2009 2010 <br />Child Care Spending 12 12 12 <br />Account <br />Medical Spending 95 138 178 <br />Account <br />The Affordable Care Act will impact the medical spending account when over-the-counter <br />medications will require a prescription effective January 1, 2011. <br />Administrative costs for the Flexible Spending Accounts may be waived, for a cost savings of <br />approximately $15,000. <br />