TexFlex is a Flexible Spending Account that lets you pay for planned out-of-pocket health and dependent day care expenses tax-free. It’s the best way to help you budget health and day care expenses. You can choose between a health care account or day care account, or use both. You don’t have to be enrolled in GBP health coverage to use this benefit.
Pay for planned out-of-pocket health expenses tax-free, increasing your take-home pay. You can usually save about 22.65% in taxes, based on a 15% income tax bracket. If you’re in a higher tax bracket, you’ll save even more.
Sign up to receive TexFlex email updates
Remember important dates--like November 15 (the last day to spend your TexFlex dollars).
A better way to budget for health care or day care expenses.
Pay a small administrative fee of $12 for each account. The debit card has an additional fee.
Pay for the expenses directly from your TexFlex account.
Decide how much to contribute, starting with as little as $15 per month.
See how you save money by setting aside pre-tax dollars.
Enroll when you are first hired, when you have a qualifying life event, or during the Annual Enrollment period.
Get reimbursed for day care expenses for your eligible dependents and family members.
Pay for expenses with a TexFlex debit card, or submit a claim for reimbursement.
Get reimbursed for health expenses for you and eligible family members even if you aren't enrolled in GBP health coverage.
Continue to make your contributions and use your TexFlex health account even though your debit card is deactivated.