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Q.) Where can participants use their debit card?
A.) Starting July 1, 2009, the IRS requires that merchants use what is called IIAS technology. This technology looks at the barcodes of each individual item you purchase to determine whether or not it is an eligible expense. If the merchant the participant shops at does not have IIAS technology in place, they will need to use another form of payment and submit a manual claim (or go to a different merchant). For an updated list of merchants that are IIAS compliant, click HERE.
Q.) What plans can be combined, what are the general rules for each plan, and what should I watch out for when implementing benefit plans for my client?
A.) Click HERE to view our comprehensive plan comparison chart, which will answer those questions and more.