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New! Debit Card Enhancements for 2008Click here for information on the changes to your debit card in 2008.

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Debit Card Feature Adds Convenience

Your MBI Benefits Card from Altus Benefit Administrators is a quick and easy way to pay for qualified expenses when using your Flexible Spending Account (FSA). The MBI benefits card looks and works like a typical debit card, and it is accepted for eligible medical expenses at most pharmacies, physician’s offices and dentists. The debit card is easy to use and saves you time! Advantages to using the new debit card include:

Debit Card

  • No out-of-pocket expenses at the time of service
  • No waiting for reimbursement checks
  • Instant access to online account statements
  • Direct electronic payment to eligible health/dependent care providers

 

While the debit card offers you the convenience of paying upfront for eligible expenses, it’s important to understand how to use your debit card appropriately. The Internal Revenue Service (IRS) is very strict about documentation for debit card purchases. As a result, you may be asked to provide receipts or other supporting documentation for some debit card transactions.

For more detailed information about the debit card, click on the links below.

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