Yes, the Health Care Reimbursement Account's NEW Flex Spending Card. The flex card
is not just another credit card. This card provides instant access to your pre-tax
dollars in your Flex Account.
The Flex Spending Card may be used at authorized merchants and health care providers
that accept Visa for eligible products or services, which are reimbursable
under your Health Care Reimbursement Account (HCRA). Rather than paying out of pocket
and waiting for reimbursement, you will now be able to utilize the card to pay for
qualified expenses. The flex card will pay the provider or merchant directly from
your HCRA utilizing the Visa network.
The State Employees’ Flexible Benefit Plan understands everyone may not want to
utilize the Flex Spending Card. For this reason, ConnectYourCare will continue to offer the
traditional administration method. Under the traditional method, your out of pocket
medical expenses will automatically apply to your HCRA when your provider (doctor
or pharmacist) files their claim with ConnectYourCare.
There are certain guidelines that a person must follow if they choose the Flex Spending
Card. Some of the guidelines that may be of inconvenience for you are: