What is a 90% merchant?
A 90% merchant has registered with a national organization, certifying that 90% or more of its revenue is from the sale of eligible medical items. If a merchant has more than one location, each location must be registered. Typically, you will need to submit documentation to verify the eligibility of a purchase at a 90% […]
What is an IIAS merchant?
An IIAS merchant has an Inventory Information Approval System (IIAS) that automatically identify eligible medical expenses. Here’s how an IIAS merchant works: Have the sales clerk total your entire purchase. Use your Beniversal Card first, which will automatically pay for the eligible medical items. Use another form of payment for the remaining amount. You usually […]
Where can I use my Beniversal Card?
Your card will only work at qualified merchants who accept Debit Mastercard®. Qualified merchants include medical providers such as: Chiropractors, Medical labs, Vision centers, Doctors, Medical supply stores, IIAS merchants, Dentists, Orthodontists, 90% merchants, Hospitals & Podiatrists. There is no cash or ATM access on the Beniversal Card.
When can I start using my Beniversal Card?
Before using your card, you must: Activate and sign the card (follow the instructions received with your card). Wait to use the card on or after your effective date in the plan.
What is a Beniversal Card?
The Beniversal® Prepaid Mastercard® allows participants to use applicable benefit account funds to pay for eligible expenses at qualified merchants accepting Debit Mastercard®. Allowable account options are determined by your employer and may include: Commuter Benefit Plan (Mass Transit and Parking Accounts) Flexible Spending Account (FSA) or Limited FSA Health Reimbursement Account (HRA) or Limited HRA […]
Do I need a new Beniversal Card each plan year?
No. As long as you continue to participate in an active plan from Benefit Resource, you can continue using your card through the expiration date on the card. Any new elections will be loaded on your card at the beginning of each new Plan Year.
What dollar amount is available on my Beniversal Card after I activate it?
Funds will become available on the Beniversal Card based on the parameters outlined in your plan documents. For a Medical FSA, the available amount will be the total amount you elected for the current plan year minus any prior payments and reimbursements. Check your plan documentation to determine if prior year funds are available on the […]
If asked, should I select “Debit” or “Credit”?
Select CREDIT to sign for the purchase or DEBIT to enter a Personal Identification Number (PIN). To request a PIN for your Beniversal® Prepaid Mastercard® or eTRAC® Prepaid Mastercard, call (855) 247-0198. There is no ATM or cash access associated with this card.
How long will it take to receive reimbursement for my claim?
Claim reimbursements are processed every day. Please allow 5-7 business days to receive your reimbursement. To receive your funds faster, sign-up for direct deposit through briweb.com
Can I elect a Medical FSA and a Dependent Care FSA?
Yes. Participation in each FSA is completely voluntary – you can enroll in one, both or neither. To participate, you must make your election(s) prior to the beginning of each new plan year.
Is there a maximum or minimum annual amount that I can elect for an FSA?
Any applicable maximum/minimum amounts for your annual FSA elections are indicated in your Plan Highlights.
Who is eligible to elect an FSA?
Eligibility requirements for a Medical FSA and a Dependent Care FSA are indicated in your Plan Highlights.
What is a Flexible Spending Account (FSA)?
A Flexible Spending Account (FSA) is part of the benefit plan offered to you by your employer and allows you to use tax-free dollars to pay for certain medical and/or dependent care expenses. There are two types of FSAs: a Medical FSA (for eligible medical services provided to you, your spouse or your dependent) and […]
