A flexible spending account (FSA) member can save up to 30% for every dollar they contribute. Likewise, health reimbursement arrangement (HRA) members can greatly lower out-of-pocket costs by using their employer-funded plan to pay for medical expenses.
But maximizing effectiveness means having the right tools, which is why MedBen offers multiple online services to help FSA and HRA members better manage their accounts. These include:
MedBen Access – Available both online and via our mobile app, our 24/7 service center enables account members to…
- Monitor FSA/HRA activity, track payments, and check balances.
- Upload and submit an image or PDF of FSA/HRA substantiation receipts. (These downloadable flyers take your members through the online and mobile substantiation processes.)
FSA/HRA IRS-Eligible Expenses – This table offers detailed information about FSA- and HRA-eligible products and service types, as well as those that may be potentially eligible depending on circumstances.
FSA Store – MedBen has partnered with the largest online marketplace for guaranteed FSA-eligible products, helping members save on more than 4,000 health items. And when members pay with their MedBen FSA debit card, they don’t need to substantiate their purchase.
Here’s an FSA Store flyer with a discount code that you’re welcome to distribute to your members.
FSA Calculator – Available through the FSA Store, this handy calculator helps members estimate their health spending for the year so they can make informed decisions and take maximum advantage of their FSA.
MedBen FSA Debit Card Tools – Here, members can activate their card, download an FAQ, and find local stores that offer FSA-eligible items.
Of course, MedBen also offers FSA/HRA Customer Service… members can call 800-297-1829 to get answers to their account questions.