May 25, 2017 - 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...
May 22, 2017 - 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...
March 27, 2017 - Health Reimbursement Arrangements or HRA’s allow employers to fund accounts for employees to assist in paying for medical expenses not covered by insurance. In contrast to HSA and FSA accounts, only employers may contribute to...
March 24, 2017 - You’ve opened a FSA, HSA or HRA account with your employer and have been issued a debit card to use for eligible health care expenses, but how exactly does this card work and when can...
March 14, 2017 - Flexible Spending Accounts (FSAs) are pre-tax health accounts where a predetermined amount of money is deposited directly into the account by the employee. An employer can also choose to contribute to the FSA account, but...
February 8, 2017 - Just a few weeks into his presidency, President Donald Trump plans to expand the use of Health Savings Accounts (HSAs), allow the sale of health insurance across state lines, require price transparency from all healthcare...
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