Accessing Your Tax Advantage Accounts

 

When you enroll in the HSA, Limited Purpose Health FSA or Health FSA Debit Card Option, you will receive a debit card.  You can use your debit card for qualified expenses at most pharmacies and physician offices.

 

Debit card can only be used:

• At a merchant who has an inventory information approval system (IIAS) in place, or pharmacies that can show more than 90 percent of its receipts come from the sale of products that are reimbursable under an FSA
• If you use a pharmacy to make purchases where the debit card will not be recognized, you can pay cash and file a claim.

VISA Debit Card for HSA Participants

• Save your receipts. You may have to show the IRS the expense was qualified.
• Your HSA account balance must have sufficient funds in order for you to be reimbursed for your expense. Otherwise, the transaction may not process properly or you could be charged an overdraft fee, or both.

VISA Debit Card for FSA Participants

• Health care claims will be substantiated at time of checkout. If approved, you will be paid up to the plan year contribution amount you have elected – even if you do not have those funds yet available.
• Dependent care expenses cannot be reimbursed through the debit card. Log into your account at www.HealthHub.com for payment options.

Accessing your Health FSA account with Auto Pay

If you enroll in the Health FSA auto pay option, you will be automatically reimbursed for eligible expenses that have been submitted to Blue Cross Blue Shield of Illinois or Delta Dental of Kansas.  For reimbursement of other eligible expenses, log on to your account at www.HealthHub.com for payment options.

 

Online Account Management

Your PayFlex Welcome Kit provides easy instructions for setting up your online account, which will provide you access to your account at any time. Online account management allows you to:

 

• View your account activity and balance online.
• Request an electronic check, one time or recurring bill payments, such as orthodontia.
• Update your contact information.
• Order additional debit cards (HSA and FSA).
• Invest and save for your financial future: PayFlex offers an array of mutual funds with varying risk spectrums. You can invest in these funds once your account balance is above $1,000. Fund information is available on www.HealthHub.com (HSA only).