Products May 30, 2003

Humana Introducing Direct Debit HRA Card

May 30, 2003 (PLANSPONSOR.com) - Access to Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs) will soon be a credit card swipe away for Humana commercial members.
Reported by

Humana Inc. and the Evolution Benefits, Inc., in conjunction with MasterCard International and BANKFIRST have announced that Humana employee and commercial members will have a combined health plan identification and payment card to access account funds. The card, available to commercial members with HRA-style plans in 2004, combines the access and identification functions and eliminates the need for members to have multiple cards for their health care needs, according to a news release.

The HumanaAccess MasterCard, issued by BANKFIRST and powered by Evolution Benefits’ Benny Card, allows members to access funds they set aside in a FSA or HRA by swiping their card at the provider’s office or pharmacy. Not only does the card then directly debit the member’s account, but it also completes the necessary paperwork through its identification feature.

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