NOTICE OF TERMINATION:

Implementation of specific provisions of the Patient Protection and Affordable Care Act is changing the rules and utility for using prepaid debit cards (including the "PrepaidHealthcare MasterCard®" managed by WiredBenefits) for Health Reimbursement Accounts. Starting January 1, 2011, the Internal Revenue service is restricting the usage of prepaid debit cards by reducing the list of Over the Counter and prescription items that may be purchased using the card.

Hence, the WiredBenefits PrepaidHealthcare MasterCard® is being discontinued December 31, 2010. Cards will not be active starting January 1, 2011. Please note:
  • No new employers will be accepted
  • Existing employers cannot add new employees to their roster
  • Existing employers may not reload existing cards AFTER December 10, 2010
  • All cards will be closed as of 11:59pm December 31, 2010
  • Existing Cardholders may not add a Spouse Card
  • Existing Cardholders must file their manual claims before Feb. 28, 2011 (unless the employer decides to terminate this program at an earlier date)
  • After Feb. 28, 2011, any existing balances remaining on employee cards will be returned to the employer
We apologize for any inconvenience.

The Health Care Benefits You Need Most

The PrepaidHealthcare MasterCard® makes it simple for your employer to provide funding for health care products and services you and your family use every day - medical, dental, vision, prescription and over-the-counter medications.

Once you've activated your PrepaidHealthcare MasterCard®, using it is easy. Your PrepaidHealthcare MasterCard® is welcome at all health care providers who accept Debit MasterCard®.

Just swipe your card at the point-of-sale reader when you are ready to check out and enter "CREDIT". If your balance does not cover the cost of your purchase or service, you will need to pay the difference at the time of purchase. And remember – save your receipts to comply with IRS guidelines for health care purchases.

You can use your PrepaidHealthcare MasterCard® for doctor or dentist visits, health exams, prescription and over-the-counter medications – anywhere Debit MasterCard® is accepted.

* Download List of IIAS certified merchants and pharmacies

There are several non-prescription, over-the-counter (OTC) drugs, medicines and medical care items that are eligible for purchase under your employer's Health Reimbursement Account (HRA). The following are samples of eligible and non-eligible OTC items. The list does not include all available OTC drugs and medical care items, and the list is subject to change.

* Download the OTC Drug and Product List

Note: The PrepaidHealthcare MasterCard is issued by The Bancorp Bank pursuant to license from MasterCard International Incorporated. The Bancorp Bank; Member FDIC. MasterCard is a registered trademark of MasterCard International Incorporated.