End-of-Year Benefits Checklist: Don’t Leave Money on the Table

As the year comes to a close, it’s the perfect time to review your health benefits and make sure you’re getting the most out of them. Many employer-provided benefits reset on January 1, meaning any unused funds or opportunities could disappear for good.

Whether it’s a flexible spending account (FSA), preventive care visit, or a wellness credit, these resources are designed to help you stay healthy and save money—but only if you use them. This practical checklist will help you make the most of your benefits before December 31.

1. Use Your FSA Funds Before They Expire

If you have a Flexible Spending Account (FSA), now’s the time to check your balance. FSAs are “use it or lose it” accounts, which means any remaining funds may not roll over into the new year unless your employer offers a short grace period or limited rollover amount.

Eligible FSA expenses include doctor visits, prescriptions, medical supplies, dental and vision care, and more. Don’t wait until the last week of the year—many providers book up quickly in December.

2. Schedule Preventive Care Appointments

Preventive care is one of the most valuable and often overlooked benefits employers offer. Annual checkups, physicals, and screenings are typically covered at no cost under most health plans—and getting them done before the end of the year can help you start the next one on the right foot.

With Health Compass, employees have simple, no-cost access to virtual and in-person care, making it easier to complete annual wellness visits, lab tests, and screenings without waiting months for an appointment.

3. Refill Prescriptions and Review Medication Coverage

Many prescription coverage plans reset annually, which can impact medication pricing and formulary lists. Check your refills before December ends to avoid disruptions, and talk with your provider or pharmacy about renewing long-term medications early if possible.

This is also a great time to explore whether your employer’s plan offers discounts or mail-order options that can save time and money going forward.

4. Check Your Deductible and Out-of-Pocket Maximum

If you’ve already met your deductible for the year, now is the perfect time to take care of any pending health needs—such as specialist visits, lab work, or procedures—before your deductible resets in January.

Waiting until next year could mean starting over with higher out-of-pocket costs. Taking advantage of your met deductible now helps maximize the value of your current coverage.

5. Use Vision and Dental Benefits

Eye exams, glasses, contacts, and dental cleanings are often covered under separate plans that also reset at the end of the year. If you’ve been putting off that dental checkup or updating your prescription lenses, schedule those appointments before December 31.

Vision and dental health are vital parts of overall wellness—and regular care can help prevent more costly issues later.

6. Review Wellness Programs and Incentives

Many employers offer wellness rewards or reimbursements for gym memberships, smoking cessation programs, or annual screenings. These incentives often expire at year’s end, so be sure to claim any reimbursements or points you’ve earned.

If your company partners with Health Compass, employees can easily track and access wellness benefits in one convenient platform—making it simple to stay on top of preventive health and rewards all year long.

7. Update Your Information for the New Year

Before open enrollment closes or the new benefits year begins, review your personal details, dependents, and coverage options. Life changes—like marriage, a new baby, or a move—can impact your eligibility and coverage.

Confirm your contact information, beneficiaries, and contribution levels are up to date so you start the new year organized and covered.

8. Don’t Forget About Mental Health

The holidays can be stressful, and mental health care is just as important as physical wellness. Many plans include therapy or counseling sessions that reset annually, so now is the time to use any remaining sessions before they expire.

Health Compass makes mental health access simple through virtual therapy options and on-demand support—so employees can take care of their emotional well-being without long wait times or added costs.

9. Plan Ahead for 2026

Reviewing your benefits now doesn’t just help you use what’s left—it prepares you for the year ahead. Take note of which benefits you used most, what could be improved, and how you can better plan for medical or wellness needs in 2026.

Setting goals early—like scheduling regular checkups or budgeting FSA contributions—helps you start strong and stay consistent throughout the year.

Key Takeaway: Don’t Let Your Benefits Go to Waste

Every year, millions of employees leave valuable health benefits unused—essentially giving up hundreds or even thousands of dollars in potential savings and care. The good news? A few proactive steps before December 31 can help you take full advantage of everything your plan has to offer.

At Health Compass, we make it easier for employers and employees to maximize their healthcare access, simplify benefit navigation, and stay healthy year-round. Don’t let your benefits reset unused—put them to work for you.