If your workplace offers a Flexible Spending Account (FSA) or Health Savings Account (HSA), here’s some news you should know: Perspire is now accepting FSA and HSA cards as a means of payment.
With this policy update, you can now make your money go further at Perspire.
How Can I Use FSA and HSA Cards at Perspire?
FSAs and HSAs allow you to contribute a portion of your pre-tax salary to cover medical-related costs and expenses. Check with your workplace or plan administrator for more information.
If you’re currently enrolled in one of these plans, you can now add your FSA or HSA card as a payment option in your Perspire account. That means using pre-tax income on everything from your Membership to your juices!
Just keep in mind that you must register some HSA cards as credit cards.
What exactly is an FSA or HSA card?
Also known as health benefit accounts, Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) allow you to use a portion of your gross salary or wages to cover any incurred medical expenses that you’d otherwise have to pay for out of pocket.
Not sure if you have an FSA or HSA? Check with your employer or plan administrator.
How do you use FSA or HSA cards at Perspire?
Perspire allows you to add your FSA or HSA card to your account as a method of payment. You can then use your card to make eligible purchases.
Which items are FSA or HSA eligible at Perspire?
Everything from your Membership dues to the fresh juices are covered at Perspire!
Do FSA funds expire?
Yes. FSA funds are usually limited to eligible expenses incurred during a one-year time period. Any unspent amounts are forfeited. It’s important to know your plan’s deadline and purchase eligible items before your funds expire. Contact your FSA plan administrator or employer for additional information.
Do HSA funds expire?
Unlike FSAs, HSAs do not have set expiration dates. That means you don’t have to worry about using your funds within a certain timeframe. Still, we recommend contacting your plan administrator for further details.
What should you do if your FSA or HSA card is declined?
If your FSA or HSA card is declined, contact your employer or plan administrator via the number located on the back of your FSA or HSA card. Most of the time, this is due to expired FSA funds, newly issued FSA/HSA cards or unfunded accounts.
Do you offer any Corporate Wellness or Group Rate Programs/Discounts?
Yes we do! And we’d love to work with your company on bringing a discounted program to them! Shoot us an email » firstname.lastname@example.org and we will supply you with all the info and assets you need to give to your HR dept!