New IRS rules require us to restrict charges to your FSA card for medical expenses that are income tax exempt. We make it easy for you to use your FSA card for medical expenses as well as your standard credit card for personal care items on one order.
As you shop, you will see an indicator that shows you can charge that item to your FSA/HSA card.
Health Care Reform Update. Effective January 1, 2011, over-the-counter (OTC) medicines and drugs will no longer be eligible under FSAs or HRAs unless you have a prescription from a licensed health care professional. OTC medicines and drugs include items such as Advil, Tylenol, allergy medicine, antacid, etc. Items that are not OTC medicines or drugs (band-aids, gauze, saline solution, reading glasses, etc) will continue to be eligible after December 31, 2010 without a prescription.
When you checkout, our system will ask if the card you are using is an FSA card. If you are using an FSA card and you are purchasing items that are not allowed by the IRS to be charged to an FSA card, you can charge these items to your standard credit card.
For more information concerning what the IRS allows as medical expenses, please see IRS Publication 502.
We are a member of SIGIS, a group of companies involved in supporting Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA) debit card transactions. SIGIS has formed a working group called the “IIAS Standards Interest Group” to establish a voluntary industry standard to meet IRS requirements for operating an IIAS by the mandated deadline of January 1, 2008. The working group has now incorporated as the Special Interest Group for IIAS Standards (SIGIS) to manage the standards on an on-going basis. SIGIS is composed of a broad range of participants, including retailers, card issuers, third party plan administrators (“TPAs”), merchant acquirers, processors, financial institutions, trade association groups, software vendors, and payment card networks. Our list of IRS allowed medical expenses is provided by SIGIS.