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.