YourFlex Debit Card

Enjoy saving money with less hassle when purchasing goods & services at qualified locations such as hospitals, doctors’ offices, dental offices, vision services and pharmacies by using the debit card from YourFlex

Employees who save money by joining YourFlex to pay YourFlex Debitcard

medical expenses may have the option at some firms of signing up for a mySource debit card. If your organization would like to learn more about this option, call 800-858-9546 or email info@yourflex.com.

How does this debit card work?

The special-use MasterCard allows qualified YourFlex participants to make medical-related payments directly from their YourFlex accounts rather than paying first, then waiting to be reimbursed. It can reduce paperwork and make recordkeeping easier.

You can have mySource cards for your spouse and dependent children as well as for yourself.

Many health care firms and retailers have recently invested in what is called an “inventory information approval system” (IIAS) to make these debit cards even more convenient. Using the mySource card at an IIAS merchant can reduce paperwork.

Your current account balance and all activity on your mySource debit cards will be posted in your account that you can access via YourFlex.com.

Note: Traditional claim forms are still welcomed. You are not required to use this card for all qualified medical-related payments.

Enjoy the convenience of a mySource debit card. Send in the completed mySource Card Enrollment Agreement (available from your employer or from YourFlex.com) with your annual YourFlex Benefit Election Agreement.

Click here for an up-to-date list of IIAS merchants.

The mySource debit cards are easy to use, but you have to follow a few rules:

It’s unique- Card use is restricted to merchants that normally provide medical services or products such as physicians, dentists, hospitals, vision-care offices and certain purchases at pharmacies and discount stores. This MasterCard cannot be used as a normal credit card and it cannot be used for international transactions.

Good, getting better- Every time the card is used you will get an automatic update on your account via email. This payment system continues to require less paperwork. For example, documentation is no longer required if a debit equals a co-pay on your medical plan. When receipts from the purchase are required you must submit receipts and forms to Benefit Solutions within six weeks. You will be informed if receipts are needed.

Debit or credit?- Say “credit.” Although mySource is a debit card, it is treated like a credit card at merchant or provider terminals because it does not require a PIN number before approving a transaction. Also, the card carries Merchant Category Codes so that it can only be used at qualified merchants. In addition, there is a per-day maximum of $5,000.

If you are employer and would like to learn more about offering your employees this benefit, call 800-858-9546 or email info@yourflex.com.