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The Benny Prepaid
Benefits Card is a special-purpose Visa® card for use with
our FSAs and HRAs. With Benny, participants simply
swipe the card, and the funds are automatically deducted from the
applicable benefit account(s) for payment. Benny eliminates
most out-of-pocket cash outlays and some paperwork. The major advantage
of Benny is that it allows you to pay many eligible health
care expenses at the point of service rather than waiting for reimbursement.
Benny draws on
the value of your annual election amount. It gives you an easy,
automatic way to pay for qualified healthcare expenses not covered
by your health insurance. Each time you incur a qualified healthcare
expense at a health related business (like a pharmacy or doctor's
office) that accepts Visa®, simply use your Benny Card.
The amount of your qualified purchases will be deducted from your
account automatically.
Using the Benny
Visa® Card is simple because...
- It's automatic
the funds are immediately transferred from your benefit account
at the time you incur the expense.
- It's fast a
simple swipe of the Card makes it hassle-free!
- It's easy but
in some cases documentation will still be required after your
purchase. Be sure to save all EOBs, pharmacy receipts, etc., as
you normally would.
- It improves your
cash flow you don't have to lay out cash at the time of
purchase or wait for reimbursement checks.
- It's easy to track
your current balance is available around the clock at www.MyBenny.com.
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