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.

About Us

PrepaidHealthcare is a product of WiredBenefits. WiredBenefits was started by two employee benefits' industry veterans to address the need for an innovative and affordable health benefit for small and medium size employers. Charles Marshall and Devin Wade pioneered the design and adoption of an online marketplace automating the administration of commuter benefits. This marketplace is currently deployed as a back office solution by the nation's leading payroll companies and Third Party Administrators. The marketplace, WiredCommute , was acquired by Accor Corporation in 2004.

The management and technical teams at WiredBenefits include industry veterans from market leading benefits, healthcare, loyalty card and transaction processing companies across the country.

Based in Silicon Valley, WiredBenefits is funded by two venture capital firms with deep experience in service and technology investing, Claremont Creek Ventures and Labrador Ventures.

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.