The WEX Health Prepaid Benefits Card is a special-purpose MasterCard®that gives you an easy, automatic way to pay for eligible health care expenses. The WEX Health Prepaid Card lets you electronically access the pre-tax amounts set aside in your respective employee Flexible Spending Accounts (FSAs).
Where can I use my Wex benefits debit card?
Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. Where does it work? Our card works at a variety of merchants. Specifically, you can use it anywhere with an Inventory Information Approval System (IIAS) or at merchants that meet the IRS’ 90 percent rule (where 90% of gross sales meet eligibility requirements).
Why choose Wex benefits?
We know that accessibility drives engagement and account satisfaction. The WEX benefits platform makes it possible for participants to easily access and manage all their benefits with one online account, one mobile app, and one debit card.
Can I Write my WEX Health Card number on my statement?
Yes. As long as you have money in your account for the balance due, the services were incurred during the current plan year, and the provider accepts MasterCard® debit cards, you can simply write the WEX Health Card number on your statement and send it back to the provider.
What is Wex EOB smart scan?
Using AI, EOB Smart Scan makes it easy for participants to scan an EOB right from their mobile app and auto-fill expense details. Stay up-to-date with current trends and information that impact your business. Ready for WEX to simplify your business?
What can I use my Wex health card for?
You can use the WEX Health Card to pay most health care providers directly at the time of service or purchase for your out-of-pocket medical expenses. This includes doctors, dentists, clinics, hospitals and many pharmacies.
What Stores Can I use my WEX benefits card at?
The WEX benefits debit card works anywhere that offers an Inventory Information Approval System (IIAS) or at merchants that meet the IRS' 90 percent rule. If used at an IIAS merchant, simply swipe your card to have any eligible expenses automatically approved. You can also pay out of pocket and request reimbursement.
What can I buy with my benefits card?
10 New Eligible Items to Purchase with your Benefits AccountsMenstrual Care Products. ... Pain Relievers. ... Cold & Flu Medications. ... Toothache Relievers. ... Gastrointestinal Aids. ... Allergy & Sinus Medicines. ... Sleeping Aids* ... First Aid Creams.More items...
Can I use my WEX HSA card at ATM?
The transaction is approved because doctors' offices are coded as medical providers. Note: You may be asked for additional documentation after the charge is approved. You swipe your benefits card at an ATM. The transaction is declined because ATMs are coded as financial institutions.
Can I use my WEX card for groceries?
debit card. Members enjoy quick access to funds via a VISA or Mastercard restricted, prepaid debit card for supplemental benefits such as dental, vision, hearing, fitness, chiropractic, acupuncture, groceries, OTC, home services, and more.
Can I withdraw cash from my WEX benefits card?
Participants cannot get cash with the WEX Health Payment card.
Can I use my FSA card for gas?
Fuel is eligible for transportation to and from medical care, up to the allowed mileage rate. Fuel, gasoline for medical care reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
Is toilet paper FSA eligible?
Toiletries can describe anything from oral care items like mouthwash, toothbrushes, toothpaste and floss to hair products like shampoo and conditioners; bathroom products like toilet paper; feminine care like tampons and pads; cotton swabs and fingernail clippers, and more.
Can I withdraw money from my FSA at an ATM?
Unfortunately, FSA cards cannot be used to withdraw FSA funds from an ATM. These cards can only be used directly on qualifying medical products and services. This comes from the fact that FSA funds are pre-tax and cash cannot be easily monitored for eligible purchases.
Can I use my WEX benefits card on Amazon?
A: Amazon allows you to add your FSA or HSA card to your account as a method of payment. You can then use your card to make eligible purchases.
What is WEX benefits?
The WEX benefits platform makes it possible for participants to easily access and manage all their benefits with one online account, one mobile app, and one debit card.
What is EOB smart scan?
Using AI, EOB Smart Scan makes it easy for participants to scan an EOB right from their mobile app and auto-fill expense details.
What is a transit card?
An IRS-compliant payment method for transit and parking plans that is accepted at any U.S. terminal. Participants can use their pre-paid debit card for transit, ridesharing, parking, and vanpooling.
Can you use a smart card to pay for a transit pass?
Participants can use a smart card (or similar account-based technology provided by the transit authority) to directly load their commuter benefits funds for specific pass and fare fees.
Can you access your benefits account from one platform?
With our solution, participants can quickly access their benefits account from ONE platform. This means less confusion and more utilization. Plus, when they are on-the-go, they can quickly access their account using our mobile app.
Can you use SpotHero to pay for parking?
Parking. If your participants commute with their own vehicle, they can take advantage of their commuter benefits by using them to pay for parking at or near their regular place of employment, use SpotHero to reserve or pre-pay parking spots in select cities, or take advantage of park and ride facilities (if available).
When must funds be used for a 401(k) plan?
The funds must be used by the end of the plan year.*
What is a Flexible Spending Account (FSA)?
It helps participants save on out-of-pocket qualified medical, dental, and vision expenses, or qualified dependent care expenses.
What is intuitive benefits?
Our intuitive benefits platform allows you to view and update participant accounts, view reporting, and upload files in one place.
Can you use a debit card during a grace period?
Better yet? Participants can even use their benefits debit card to spend fund s from their previous plan year during the grace period.
Do you need multiple WEX accounts?
No more jumping from screen to screen (and having to remember multiple logins) to keep track of multiple benefit accounts. With WEX, participants only need one online account to manage their health and commuter benefits.
Is WEX mobile app?
We manage almost all aspects of our lives from the palms of our hands. The WEX benefits mobile app was built with that in mind, and includes a consistent, simple, and modern experience. And when you’re using a desktop, you can expect the same user-friendly experience.
