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Changes in your Section 125 Debit Card |
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Section 125 Debit Card Information
When using your debit card, Employee Benefit Concepts, Inc. will no longer require documented receipts when purchases are made at the following merchants:
- Wal-Mart
- Sam’s Club
- Walgreens
- CVS
- Medco
- Kroger
- Target Rx
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Why doesn’t Employee Benefit Concepts, Inc. need documentation at these stores? These merchants use technology called Inventory Approval System (IAS) to approve HSA, FSA and HRA eligible expenses at the point of purchase. If your item is not eligible, they may request an alternate form of payment or show on the receipt which are eligible and which are ineligible expenses.
As more vendors adopt the health care merchant codes and inventory approval systems, we will keep you informed via our web site at www.employeebenefitconcepts.com. In the mean time, if you have questions, please give us a call at (248) 855-8040.
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