Is DCAP part of the health care reform bill?

REOM

I read that the amount of medical expenses allowable will be reduced down to $2500 per year (I think it is currently bet $4-5K).

Does anyone know if the amount of dependent care will change?

Thanks

eclaires

I read in two separate articles that the FSA contributions was reduced from $5k to $2500 - is that what you mean?

I don't know FOR sure that it was in this final version that passed though - I read the articles today, but haven't read this particular version of the bill.

REOM

eclaires:

I read in two separate articles that the FSA contributions was reduced from $5k to $2500 - is that what you mean?

I don't know FOR sure that it was in this final version that passed though - I read the articles today, but haven't read this particular version of the bill.

FSA is for medical expenses, and yes, I heard the same numbers. Dependent care is separate, maximum is $5k per year currently.

Mrs.JDD

eclaires:

I read in two separate articles that the FSA contributions was reduced from $5k to $2500 - is that what you mean?

I don't know FOR sure that it was in this final version that passed though - I read the articles today, but haven't read this particular version of the bill.

Sh!t.  That is awful!  It will totally screw us over if our dependent care benefit is lowered.  I haven't paid attention at all to this healthcare bill, I guess it's time to start!

eclaires

Ah, okay - well I haven't seen any mention of DCAP changing, just the FSA.  I tried to search the reconciliation bill, but didn't find DCAP in it (didn't read through - just searched for the acronym and the words).  Also, no news articles are mentioning DCAP.

Mrs.JDD

eclaires:

Ah, okay - well I haven't seen any mention of DCAP changing, just the FSA.  I tried to search the reconciliation bill, but didn't find DCAP in it (didn't read through - just searched for the acronym and the words).  Also, no news articles are mentioning DCAP.

Whew!!  I was literally getting sick to my stomach here.  Our daycare is $1158/mo...I claim the maximum and every 2 weeks I get reimbursed $263.  I then have to pay the remainder of my $579/2 weeks payment...and it is stressful!  I can't imagine if our daycare benefit went down further!  As it stands, it doesn't even cover half of the year now that we are paying for 2 kids!