Doctor standing and speaking to a sitting patient in a hospital room.

A more efficient way to handle health benefits administration

Reduce paperwork and increase employee satisfaction in your health benefit program

Visa Healthcare & Benefits card

Visa healthcare cards connect employees directly to their health benefit funds, and are as easy to use as debit cards.

Benefits

Save your employees – and administrators – time and effort by adding Visa Healthcare & Benefit cards to your health benefit program. Employees can use their HSA, FSA or HRA cards to pay for qualified medical expenses wherever Visa Debit cards are accepted.

Provide secure, fast and convenient access to funds
Eliminate need to pay out-of-pocket and wait for reimbursement
Reduce hassle of submitting claims paperwork
Improve FSA employee enrollment by offering a carryover option

Streamline reimbursement process for administrators
Reduce paper claims and reimbursement checks
Easily track account expenditures

Design a program to support your specific benefit plan
Provide individual FSA, HSA, HRA, Transit, Dependent Care and Wellness program cards - or one card for all

Use selective authorization to restrict card usage and meet IRS guidelines
Apply Merchant Category Code (MCC) restrictions for HSA, FSA and HRA cards

Learn more about IIAS requirements

Issue HSA cards either with full (both ATM & MCC), partial (either ATM or MCC) or no restrictions
Give cardholders freedom to pay wherever Visa Debit Cards are accepted

Keep in mind, cardholders will be subject to a penalty tax and federal income tax if eligible medical expenses do not meet or exceed the amount of items purchased using HSA funds plus other HSA withdrawls. If these expenses are insufficient, cardholders are required to pay federal income tax and a 20 percent excise tax on the amount by which HSA withdrawls exceed eligible expenses.

Count on Visa's Zero Liability Policy to safeguard cardholders from unauthorized purchases
Give employees peace of mind knowing account funds can be replaced in the event of fraud*

² Visa's Zero Liability Policy covers U.S.- issued cards and does not apply to certain commercial card transactions or any transactions not processed by Visa. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.

Visa Healthcare cards

Employees can easily access their health benefit funds without having to pay out-of-pocket and then seek reimbursement. Purchases made with an FSA or HRA card can reduce paperwork to substantiate claims. Remember to always keep your receipts in the event of an audit.

Visa Flexible Spending Account debit card.

FSA Card

An FSA lets employees set aside a portion of their salary pre-tax to pay for qualified medical or dependent care expenses. Employees can only get an FSA through their employer. Explore the unique features of an FSA.

HSA Card

An HSA helps individuals with qualifying high-deductible health plans pay for current and future medical expenses. Employees can arrange contributions on their own or through their employer. Explore the unique features of an HSA.

Visa Health Reimbursement Arrangement debit card.

HRA Card

An HRA is usually coupled with high-deductible health coverage to help an employee pay for qualified medical expenses. Employees can only get an HRA through their employer, and only the employer can contribute funds. Explore the unique features of an HRA.

Healthcare card comparison

Help your employees save on healthcare costs. Check with your tax or benefits adviser to determine which account may be best for your company and your employees.


Benefit	HSA	FSA	HRA
Pre-Tax Deductions
Interest-Bearing
Portable
Individual-Owned
Employer-owned
Employer contributions
Employee/individual contributions
Associated with HDHPs If a limited-purpose FSA is selected, it can be used with a HDHP.
Annual contribution rollover Employers may choose to provide an FSA with a carryover option that lets employees carry over up to $500 of unused funds.
Loss of unused funds Employers may choose to provide an FSA with a carryover option that lets employees carry over up to $500 of unused funds.
Annual contribution limits

Resources

Promote Visa Healthcare & Benefit cards to your employees.

Visa has created several key print and digital communications that you can use to support your promotion of Visa FSA and HSA cards to your employees. Be sure to customize them with your company's Open Enrollment deadline and registration URL to help drive enrollment. And if you are providing a company match, there is space available to customize your information.

To request your employer support materials today, simply contact your TPA or Visa Account Representative.