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 their tax advantages, this represents a large pile of money left on the table.
Fortunately, it’s simpler than ever for members to maximize the value of their FSAs:
- MedBen FSA debit card technology enables members to make qualified purchases with no substantiation required.
- FSA Store offers online shopping convenience and removes the guesswork from determining if a purchase is qualified for reimbursement.
- If substantiation is required, MedBen Access now features electronic FSA claim submissions. We’ve created instructions to submit substantiation receipts online and via our mobile app… if you’re a Medben client, just ask your Account Manager for copies.
If you’re interested in adding an FSA to your plan, contact us at 888-627-8683. Current FSA members with account questions are welcome to call MedBen FSA/HRA Customer Service at 800-297-1829.