ABG Benefits Card
With The ABG Benefits Card You Have The Following Benefits:
- Convenience, no more claim forms to file — Use your card and pay your provider directly, the funds will be instantly deducted from your reimbursement account.
- Multi-Purse Feature — All of your reimbursement accounts may be accessed with the swipe of one debit card (check with your employer)
- Auto Substantiation — In certain cases because of the presence of an *IIAS (Inventory Information Approval System) you will not be required to provide any additional documentation or receipts after you use your debit card.
- Transit Compliant — When the card is used for transit expenses it is “terminal-restricted” and can only be used where a transit system’s fare can be purchased.
Card Reminder
- Always keep your receipt--it is an IRS requirement!
- Never use your card to pay for an expense that was incurred (the service was provided) in a previous plan year!
Inventory Information Approval System (IIAS)
An Inventory Information Approval System (IIAS) is a retailer’s point of sale system that identifies eligible healthcare FSA/HRA purchases by comparing the inventory control information (e.g., UPC of SKU number) for the products being purchased, against a pre-established list of eligible medical expenses. The list is restricted to “eligible medical expenses” as defined by the IRS (including eligible non-prescription products). The eligible medical expenses are totaled and sent to the payment card issuer’s system which approves or denies the payment based on the coverage under the health plan (i.e., type of coverage provided, covered participant, etc.). The IRS requires an IIAS for card transactions to be accepted at non-healthcare merchants. IIAS transactions are considered fully substantiated.
The 90% Rule
The IRS established the 90% Rule as an exception to the IIAS requirement for pharmacies that can certify 90% of the pharmacy’s gross receipts during the previous year consisted of products that qualify as expenses for medical care under Section 213(d) of the IRS code. A qualified medical or health care expense includes nonprescription medications such as over-the-counter products in addition to prescription drugs. Employee benefit plans may choose (but are not required to) accept FSA and HRA card transactions from 90% merchants. Transactions made with the debit card at merchants using the 90% exception still generally require the participant to provide a copy of the detailed receipt to the plan administrator/TPA upon request.
FAQs
American Benefits Group Mobile Pay is a payment option that allows you to pay for eligible benefit account expenses digitally through your mobile devices.
American Benefits Group Mobile Pay offers a fast, easy and secure way for you to pay for eligible benefit account expenses. To begin using Mobile Pay, simply:
Step 1: Open your digital wallet (Apple Pay, Google Pay, or Samsung Pay)
Step 2: Enter your benefits debit card details
Step 3: Accept the Terms & Conditions
Step 4: Complete the authentication process, as prompted
Step 5: Begin using your digital wallet to pay for eligible expenses
A digital wallet is an app that stores your debit and credit card details so you can pay for things digitally using your mobile device. To use a digital wallet, simply add your debit and/or credit card information to the app, which will be stored securely.
To make a payment via your digital wallet, you simply hold your device close to a mobile-enabled payments terminal to set the transaction in motion. Since there is no physical contact between the device and the payments reader, digital wallet payments are often referred to as contactless payments.
Apple Pay, Google Pay and Samsung Pay are supported at this time.
Simply open the Apple Pay, Google Pay, or Samsung Pay application on your device and follow the instructions to add a new card, entering your name, benefits debit card number, expiration date, and CVV code. You may be prompted to authenticate using a one-time passcode sent via text or email, or by speaking with a member services representative, before being able to add your benefits debit card to your digital wallet. Once added, your digital wallet should be ready to use for eligible benefit account purchases.
If you receive an error message, ensure you have an email and/or phone number on file in your account, then try again after 48 hours. For fraud protection, your email or phone number must be in your account for at least 48 hours before you will be able to successfully add your benefits debit card to your digital wallet.
Yes! Your benefits debit card in your digital wallet is protected by your device passcode and in some cases, biometric authentication such as fingerprints scans or facial recognition. As added protection, your benefits debit card number is neither shared with the merchant nor stored on your device or mobile server. Instead, a unique digital code is created specifically for your device.
No, contactless cards are a different form of payment. Contactless cards have a wave-like symbol that looks similar to a Wi-Fi symbol on the front of the physical payment card. This indicates you can pay for purchases by tapping your card on the point-of-sale terminal at participating retailers.
No. Transactions process in the same way and according to the same eligibility requirements established by your benefits plan. All mobile transactions will also show within your transaction history in your benefit account in the exact same way as physical benefits debit card swipes.
You will hear a small sound or feel a vibration to indicate the payment was successful, as well as see a paid message on your device’s display.
Spending through your digital wallet abides by the same rules and regulations as spending on your benefits debit card. You may use your digital wallet to pay for eligible benefit account expenses, as defined by your plan.
Apple Pay is available at more than a million stores and online via the Safari browser. You can view the full list of merchants at the Apple Pay site. Samsung Pay and Google Pay work almost anywhere you can swipe or tap your card.