PowerFlex offers the convenience of the Flexible Spending Account
Debit Card, one of the most exciting opportunities in
the benefits industry today. The PowerFlex Debit Card
allows FSA plan participants the ability to pay for
eligible health-care and dependent care expenses
virtually everywhere MasterCard and/or Visa are
accepted. PowerFlex Debit Cards are available for both
our licensed PowerFlex Software users as well as our
PowerFlex TPA clients.
The PowerFlex Debit Card makes using your FSA dollars as
simple as ABC. For starters, the card deducts each
payment for approved medical and/or dependent care
purchases directly from your FSA account, so it’s as
convenient as using an ordinary credit card. What’s
more, the PowerFlex Debit Card virtually eliminates the
endless paperwork and reimbursement wait time which used
to make FSAs so complex and cumbersome.
You can use your PowerFlex Debit Card to pay for:
Hospital services
Physician, dental, vision & chiropractic services
Eyeglasses and contact lenses
Co-pays and deductibles
Home health care
Prescription and eligible over-the-counter drugs
Medical equipment
Rehabilitation
Child care
Transportation and parking
The PowerFlex debit card offers advantages to the Employer
too! By allowing the participant to receive immediate
access to their FSA account balances without the out of
pocket costs and wait time associated with manual claim
processing, the PowerFlex debit card is a proven way to
increase participation rates in your Flex/Cafeteria
Plan.
PowerFlex Debit Cards are powered by MBI Benefits, the
industry leader in debit card technology. MBI Benefits
was the original inventor of the flexible spending
account debit card and remains the largest provider in
the industry with over 1.8 million cardholders.
A
partial list of FSA-eligible products & services:
Acupuncture
Alcoholism Treatment
Ambulance
Bandages
Birth Control
Chiropractor
Contact Lens Cleaner/Solution
Co-pays
Crutches
Dentist/Orthodontics
Disabled Dependent Medical Care
Drug Addiction Treatment
Eye Glasses/Contact Lenses
Fertility Treatment
Hearing Aids
Home Care
Hospital Services
LASIK Surgery
Maternity Care
Nursing Home Operations
Over-the-counter Medications
Physical Therapy
Prescription Drugs
Psychiatric Care/Psychologist
Stop-Smoking Programs (Rx Only)
Weight-loss Program (disease specific)
Wheelchair
X-rays/laboratory services
