Payment Solutions Group: Benefit

Healthcare Cards

Pre-tax Benefit cards can streamline paper-based claims and the reimbursement process for both individuals and insurance providers. Linked to a Health Savings Account (HSA), Flexible Spending Account (FSA) or Healthcare Reimbursement Account (HRA), funds can be used to pay for current or future medical expenses. Bearing Point projects there will be 42 million HSAs in the United States by 2012*.

*Catastrophe Cards: Providing Victim Care, Program Control and New Business Opportunities. Bearing Point. 2006

Transportation Cards

Transportation cards offered through employers enable tax-advantaged transportation benefits for employees. These cards can draw down the account that is provided by employers thus eliminating the reimbursement process.

Our prepaid card solutions are developed in accordance with the regulations set forth by the card associations. Each of these programs strives to optimize financial return while meeting the requirements of the industry.