|
Essentially,
the employee can pay for eligible out-of-pocket
medical/dental/vision care expenses with the
"swipe" of a card, eliminating the need to
request reimbursement. Expenses are then
subsequently substantiated by the employee.
|
|
| SmartFlex™
provides advantages to employers and employees
The primary advantages of the program are to save
both time and money. The features and benefits that
accomplish this are as follows: |
|
| » |
Increased
tax savings for employers and their employees |
| » |
All
accounts (health care, dependent care and
transportation) on a single card |
| » |
Individuals
pay for expenses with the
SmartFlex™ card rather than out of their pocket |
| » |
No
need to wait for reimbursement checks |
| » |
Electronically
paid charges save time and reduce paperwork |
| » |
Providers
can be paid with the SmartFlex™ card at point
of service |
| » |
The
card is widely accepted at all MasterCard®
participating locations |
| » |
Increased
employee satisfaction in the
program |
| » |
Increased
employee participation in the
program |
|
