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New York City Medical Spending Conversion (MSC) Program Summary Plan Description MSC Premium MSC Buy-Out Plan Year 2015 Table of Contents Introduction 3 Questions and Answers about the Health Benefits

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What is medical spending conversion?

Medical spending conversion is a process of converting medical expenses into a specific format for reporting purposes.

Who is required to file medical spending conversion?

Employers and employees who have opted for medical spending accounts are required to file medical spending conversion.

How to fill out medical spending conversion?

Medical spending conversion can be filled out by gathering all relevant medical expense receipts and filling out the necessary forms provided by the employer.

What is the purpose of medical spending conversion?

The purpose of medical spending conversion is to track and report medical expenses for tax and accounting purposes.

What information must be reported on medical spending conversion?

Information such as medical expense receipts, total expenditure, and any reimbursements received must be reported on medical spending conversion.

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