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...
Nov 10, 2022 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store, Online Services
“How do I spend down my extra FSA funds?” is a question MedBen regularly gets this time of year. Fortunately, there’s a convenient way for your plan members to shop for useful FSA-eligible products before year’s end (or before their grace...
Aug 22, 2022 | Consumer-driven Health Plans, Debit Cards, Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App, Online Services
We’re nearly two-thirds of the way through 2022… so if your plan offers members a MedBen FSA debit card, it’s a good time to remind them about its benefits! When members use their card to pay for qualified purchases, they don’t have to...
Jun 3, 2022 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store
With summer just around the corner, it’s an ideal time to check your current FSA balance… and while you’re at it, take care of your summer wellness shopping.FSA Store guarantees 100% item eligibility – and that includes such seasonal staples as...
May 6, 2022 | FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), HSA Store
The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2023. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only high-deductible health plan (HDHP) coverage...
Nov 29, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store
Every year, Americans forfeit over $500 million in unspent FSA funds. With the December 31 spending deadline approaching for many FSA plans, you’ll want to act fast so you don’t count yourself among them. FSA Store makes it easy to use your remaining FSA...
