PrepaidHealthcare is the most affordable employee health care benefit available to small business owners.

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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.

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Your dollars go to employees, not fees

Simple fees. No hidden fees.

There are no fees charged to the cardholder.

Providing funding for basic health care benefits for your workers is easy and affordable with the PrepaidHealthcare MasterCard^®. In fact, it is so low-cost, that some employers offer it alongside a high deductible plan, or they offer it in addition to traditional insurance for employees who opt-out of premium share requirements and to part-time workers who wouldn't otherwise qualify for health care.

Here's your cost (basic plan):

Setup Fee : $79.95 - One time setup fee paid by employer via ACH.

Issuance Fee : $4.95 - Fee paid by employer deducted from amount loaded onto each new card.

Monthly Fee : $2.95 - Fee paid by employer deducted each month from available card balance on each card.

For employers subject to the San Francisco HCSO, the above fees will count toward satisfying health care benefit guidelines.

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.