Debit card substantiation is the process of verifying that purchases made using a debit card for flexible spending accounts (FSA) or health reimbursement arrangements (HRA) were for an eligible medical expense. These purchases must be…
What is Debit Card Substantiation?
What is EOB Harvesting Software?
For years, one of the biggest challenges for small employers with HRAs (Health Reimbursement Arrangements) and FSAs (Flexible Spending Accounts) was that employees were required to submit receipts and EOBs (Explanation of Benefits) for every…