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keystone flex card.com Admin Benefits Card

WEX Health Payment Card: An Overview

Keystone Flex Admin Benefits is a powerful and secure app designed to simplify your health benefit experience. With easy and convenient access to your HRA and FSA account information, you can quickly check balances, view charts and claims, file a claim, pay bills, and much more. The app is designed with user-friendly navigation and provides real-time access to all of your important account details on the go. Whether you need to file a claim, add a payee, or simply check your account balances, Keystone Flex Admin Benefits has you covered. Download it today and experience the ultimate in health benefit management.

WEX Health Payment card

The WEX Health Payment card is a special-purpose Visa® or MasterCard that enables participants to pay for eligible health care/benefit expenses electronically. It provides a convenient way to access pre-tax amounts set aside in employee benefit accounts like Health Savings Accounts (HSA), Flexible Spending Accounts (FSA), and Health Reimbursement Accounts (HRA).

Keystone Flex Admin Benefits:

  • Save time and simplify HRA and FSA management with real-time access to balances and account information.
  • Easy, Convenient, and Secure: Login with website credentials, no sensitive info stored on device.
  • Connects You with the Details: Quickly check balances, view claims, and contact customer service.
  • Time-Saving Options: File claims, upload receipts, pay bills, enter expenses, retrieve username/password, report lost/stolen card.
  • Powered by WEX Health, v14.1.0, updated Oct 23, 2022, requires Android 8.0+, 500+ downloads, everyone content rating.
  • Released May 31, 2018, by Keystone Flex Administrators, LLC.

Download app form here

How it Works

The value of the participant’s account contribution is stored on the benefits debit card. Participants can use the card to pay for eligible expenses at a business that accepts benefit debit cards. The purchase amount will be automatically deducted from the participant’s account, and the pre-tax dollars will be electronically transferred to the provider/merchant for payment.

Is it Similar to Other Visa/MasterCard Cards?

No. The WEX Health Payment card is a special-purpose card that can only be used for eligible health care/benefit expenses. It cannot be used for non-eligible purchases like gas or restaurants, and there are no monthly bills or interest.

Number of Cards Issued:

Each participant will receive two cards. Additional cards for family members can be requested by contacting the Plan Administrator.

Annual Renewal:

Participants must re-enroll each year to use the card, but they will not receive a new card each year. If the participant will have a benefit associated with the card for the following plan year, they can continue using the same card.

Lost or Stolen Cards:

Participants should immediately report lost or stolen cards to the Plan Administrator. There is a fee for replacement cards.

Activating the Card:

Participants can activate their cards by calling the toll-free number on the activation sticker. They should wait one business day after activation to use their cards, and each card user must sign the card with their own name.

Saving Receipts:

Participants and eligible users must save itemized receipts for HSA, FSA, and HRA purchases made with the WEX Health Payment card. Receipts must show the merchant/provider name, service received/item purchased, date, and amount of purchase. The IRS requires receipts to validate expense eligibility if the automated processing cannot substantiate a transaction.

Conclusion:

The WEX Health Payment card provides an easy and convenient way for participants to access their pre-tax benefits for eligible health care/benefit expenses. The card is a special-purpose Visa® or MasterCard that can only be used for eligible expenses, and participants must save receipts for purchases made with the card to comply with IRS guidelines.

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