This is a common question that many Americans are asking themselves these days. According to the Bureau of Labor Statistics, care prices rose 4 percent in 2016 and the increasing prices appear to keep rising….

Debit card substantiation is the process of verifying that purchases made using a debit card for flexible spending accounts (FSA) or health reimbursement arrangements (HRA) were for an eligible medical expense. These purchases must be…

For years, one of the biggest challenges for small employers with HRAs (Health Reimbursement Arrangements) and FSAs (Flexible Spending Accounts) was that employees were required to submit receipts and EOBs (Explanation of Benefits) for every…

Health Reimbursement Arrangements or HRA’s allow employers to fund accounts for employees to assist in paying for medical expenses not covered by insurance. In contrast to HSA and FSA accounts, only employers may contribute to…

You’ve opened a FSA, HSA or HRA account with your employer and have been issued a debit card to use for eligible health care expenses, but how exactly does this card work and when can…

Flexible Spending Accounts (FSAs) are pre-tax health accounts where a predetermined amount of money is deposited directly into the account by the employee. An employer can also choose to contribute to the FSA account, but…