Since you’re currently enrolled in a Flexible Spending Account and/or HRA program, you already know the benefits of using pre-tax funds to pay for health-related, out-of-pocket costs not covered by your insurance. And, by using a card with your FSA/HRA, you do not need to pay cash up front for eligible expenses and then wait to get reimbursed.

• In order to request a Prepaid Benefits Card your employer must offer the card.
• The benefit cards are used for eligible expenses allowed through your employer’s health plan.
• All receipts must be kept in case they are requested for substantiation regarding eligibility of an expense.
• The expenses must not have been previously submitted for reimbursement.
• Co-payment transactions that “match” the co-payment schedule in the card system will auto-substantiate. All other transactions will initiate an email letter requesting submittal of receipt for substantiation. All receipts must be retained.
• Two (2) benefit cards will be received upon enrolling.
• The card cost per year is $18.00.
• The card is used for three years, after which a new card will be issued.
• The card will be reinstated each year unless a Card Termination Form is submitted to The Preferred Group.
• General communications regarding account information and any requests for the
substantiation of charges will be done via email.
• Requests for the substantiation of charges that are not answered/validated may result in
card suspension.
• If a card is lost/stolen or damaged, there is a fee of $5.00 for replacement. Two (2)
replacement cards are provided.