Benefits Debit Card
Are you tired of spending time submitting receipts and reimbursement forms, then waiting for a check to arrive in the mail? With the Benefits Debit Card, you have easier access to the funds in your Flexible Spending Account(s). You will receive the card automatically when you enroll in a Flexible Spending Account.
Benefits Debit Card Advantages:
- No Annual Fee
- No out-of-pocket expenses at time of service
- No waiting for reimbursement
- Easier access and more efficient use of your flex funds
- Save time and avoid the paper chase through electronic payment
Benefit Debit Card Rules
The Benefits Debit Card is only to be used to pay for eligible IRS expenses. It is important to remember that you may be requested to send in receipts after the Benefits Debit Card has been used in order to provide proof that the purchase was for an approved service or supply. If ineligible expenses are purchased with the Benefits Debit Card, you will be responsible to reimburse the Plan on an after-tax basis and your card may be cancelled.
IRS Regulation
IRS regulations required that all grocery stores, discount stores, and online pharmacies that accept Benefit Debit Cards must have an Inventory Information Approval System (IIAS). If the retailer does not have the IIAS in place, participants will not be able to use their card at those locations: List of IIAS approved retailers.
Summary Plan Description
Detailed information on this benefit such as eligibility, plan coverage, limitations and contact information can be found in the Summary Plan Description (SPD).
Important to Note
This page contains highlights of your Pre-Tax Plan benefit options. The details of how the spending account options work are included in the documents and contracts that govern how the plan operates. In the event of a difference between this insert and the legal documents and contracts, the legal documents and contracts will rule. This page does not imply a contract of employment or guarantee of benefits. Banner Health reserves the right to change or discontinue all or part of the Pre-Tax Plan at any time for any reason.
