Announcements

Take the Hassle Out of FSAs:
Shop Walgreens or drugstore.com

The MBI flex card now works with Walgreens and drugstore.com to electronically substantiate FSA-eligible items! For flex participants with the MBI card, the need to provide receipts to Savers is now dramatically reduced. When purchasing prescriptions and/or over-the-counter FSA-eligible items, Walgreens and drugstore.com will match the items and automatically approve the transaction with no follow-up request.

Walgreens
There are nearly 10,000 health-related products eligible for FSA payments, including over-the-counter pain relievers. Walgreens can automatically verify eligibility of about 80% of these products at the time the MBI card is swiped. The other 20% of FSA-eligible items will still need to be reviewed by Savers in order to approve the claim (most of these items the IRS considers to have a dual-purpose and must be manually approved). If each item on the Walgreens receipt has the letter “F” beside it (for FSA-eligible), then the entire purchase has been automatically approved and Savers will not request the receipt. Otherwise, a follow-up request will be generated and Savers will review the receipt and approve all eligible expenses.

drugstore.com
Cardholders have an easy shopping experience when using drugstore.com for their FSA-eligible items. The “FSA Store” includes FSA Manager, which marks eligible items with an “FSA-approved” icon. At the checkout point, FSA Manager identifies eligible and non-eligible items. The customer can pay for eligible items with the MBI Benefits Card and will be prompted to enter another form of payment for the non-eligible items. This means that any purchase made with the MBI Benefits Card from drugstore.com will be eligible and automatically approved without any further documentation!

Call or email Savers Administrative Services for more detail.
(336)759-3888
(800)949-0311
flex@saversadmin.com