Sep 14, 2023 | Consumer-driven Health Plans, Debit Cards, Flexible spending accounts (FSAs), FSA Store, IRS, Substantiation
Substantiating purchases made with a health flexible spending account (FSA) is crucial for ensuring eligibility for pre-tax status…so much so, that earlier this year the IRS released a memorandum stressing its importance. To make the process as straightforward...
Jul 19, 2023 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App, Online Services
Hard though it may be to believe, we’re more than halfway through 2023. For flexible spending account (FSA) users, it’s an opportune time to check balances and stock up on summer supplies that can be purchased with FSA funds. FSA Store offers a variety of...
Jul 10, 2023 | Biometric recognition, Explanation of benefits (EOB), Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs), ID Card, MedBen Access, Mobile App, Online Services
MedBen continually strives to improve our MedBen Access online service and mobile app, with the goal of making it your one stop for claims and benefits information. In the past year, MedBen Access has introduced the following features (links open to feature...
Feb 20, 2023 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Grace period, FSA Store
If your health plan offers a grace period for members to use any remaining 2022 flexible spending account (FSA) funds, you’ll want to remind them that those funds will no longer be available after March 15, 2023. Any claims submitted before that date will...
Dec 7, 2022 | Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App, Online Services
Do you have FSA members who still need to spend down their remaining funds before year’s end? Remind them that many health care products also happen to make great stocking suffers! FSA Store carries a variety of FSA-eligible items that fit perfectly into a...
Nov 29, 2022 | Debit Cards, Flexible spending accounts (FSAs), FSA Store, Mobile App, Online Services
In 2021, U.S. consumers spent $491 billion on out-of-pocket health care costs… but only $95 billion of those expenses were paid for with pre-tax dollars. For health plan members who have a flexible spending account (FSA) and aren’t taking full benefits of...