The optional "FSA Benny® Card" issued by ASIFlex, allows eligible HCRA participants to pay for out-or pocket medical expenses (i.e., health, dental, vision, etc.) when issued as payment at Health Care Providers and at certain retail locations that have implemented an Inventory Control System, per Internal Revenue Service (IRS) regulations.
The administrative fee for the FSA Benny Card is $1.00 per month and is deducted directly from the employees HCRA account balance as a non-refundable, one-time lump sum amount (i.e., $12.00 if enrollment begins in January, and where the amount is prorated if the enrollment begins after January).
Employees can request the FSA Benny Card by submitting a completed Debit Card Application to ASIFlex. FSA Benny Card Request forms received during open enrollment will be issued in mid-January. Cards requested after this timeframe will typically be issued within 10-15 days upon receipt of the form.
For more information about the FSA Benny Card, please contact ASIFlex at (800) 659-3035 or visit the ASIFlex website.