Inventory Information Approval System (IIAS)
What is an “inventory information approval system” as specified by the IRS?
The retailer's point of sale system identifies eligible healthcare FSA/HRA purchases by comparing the inventory control information (e.g., UPC or SKU number) for the items being purchased, against a preestablished list of eligible medical expenses. The list is restricted to "eligible medical expenses" as described in Section 213(d) of the Internal Revenue Code (including eligible non-prescription items). The eligible medical expenses are totaled and sent to the payment card issuer's system which approves the payment subject to coverage under the health plan (i.e., type of coverage provided, covered participant, etc).
IIAS Merchant List (A listing of Merchants/Pharmacy/Retail Stores that are compliant or in the process of being compliant.)
You will need Adobe Reader to View This List. If You don't have Adobe Reader you can download and install it free at http://get.adobe.com/reader/
|
Share Link: 
