Inventory Information Approval System (IIAS)
The IRS requires select retailers – including pharmacies, supermarkets, grocery, discount stores, wholesale clubs and mail-order merchants, to identify health-related items at the point of sale using the Inventory Information Approval System (IIAS). IIAS makes it possible to identify Card transactions at the check-out counter. This insures that you can only use the Card for eligible items, and does away with the need to submit receipts for verification after the purchase.
What Does IIAS Mean For You?
The eligibility of all items purchased with your debit card will be verified at the point of services. The purchase of ineligible items with your debit card will be declined. In most cases you will not be required to submit receipts for eligible transactions.
Please Note: As of January 1, 2011, FSA, HRA and HSA funds may no longer be used to purchase over-the-counter medications unless they are prescribed by a health care professional.
To view a listing of retail merchants that have implemented an IRS-approved inventory information approval system, please click on the following link and then click on “SIGIS Merchant List” under “Publications”. SIGIS