Associated tags: Superstore (season 3), Children's Health Fund, Commerce, FSA, Currency strap, Health, HSA, Online shopping, Health insurance, Nib Health Funds
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Online shopping NEW YORK, July 13, 2022 /PRNewswire-PRWeb/ -- Health savings accounts (HSAs) allow more than 32 million Americans to save on current medical expenses and invest for future health needs – and with inflation on the rise and healthcare costs increasing, individuals and families need all the help they can get to protect their hard-earned dollars. Health-E Commerce, parent brand to HSAstore.com, the first and leading online marketplace that exclusively sells HSA-eligible products, has released a new online tool that helps HSA users review and track spending of their tax-free healthcare dollars and electronically record receipts for tax and accounting accuracy.
Key Points:
- However, the responsibility for tracking spending, storing copies of receipts, and ensuring that all purchases are HSA eligible, falls on the account holder.
- This means account holders can request reimbursement for purchases years after making them, which can quickly complicate record keeping.
- The new HSA Expense Dashboard addresses these concerns and automates HSA record keeping by giving users one-stop access to purchases made at HSAstore.com.
- Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.
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Mineral oil NEW YORK, July 6, 2022 /PRNewswire-PRWeb/ -- As Americans are battling increasing costs on everything from food to furniture to travel, the December 31 use-it-or-lose-it deadline for flexible spending account (FSA) funds may not be top of mind. However, confusion about temporary deadline extensions and rollover changes introduced during the pandemic is leading to increased FSA forfeitures, and this will continue if account holders don't take time to plan ahead. Health-E Commerce, parent brand to FSAstore.com – the first and leading online marketplace dedicated exclusively to selling FSA-eligible products – is releasing tips and reminders to increase consumer understanding so account holders can use, not lose, their valuable healthcare dollars.
Key Points:
- However, confusion about temporary deadline extensions and rollover changes introduced during the pandemic is leading to increased FSA forfeitures, and this will continue if account holders don't take time to plan ahead.
- During the pandemic, employers had the option to change their deadline; however, many did not and this deadline may still hold true.
- Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits.
- Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.
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Audit NEW YORK, June 8, 2022 /PRNewswire-PRWeb/ -- Health-E Commerce, parent brand to online marketplaces FSAstore.com and HSAstore.com, which are dedicated to simplifying tax-free healthcare accounts for more than 70 million Americans, announced today that it has earned the HITRUST Risk-based, 2-year Certification status for information security. This certification confirms Health-E Commerce's commitment to protecting sensitive consumer information.
Key Points:
- HITRUST's Risk-based, 2-year Certified status demonstrates that Health-E Commerce has met key regulations and industry-defined requirements and is appropriately managing risk.
- This achievement places Health-E Commerce in an elite group of organizations worldwide that have earned this certification.
- "We are proud to demonstrate to our customers that we abide by the highest standards for data protection and information security by achieving HITRUST Certification."
- "The fact that Health-E Commerce has achieved HITRUST Risk-based, 2-year Certification attests to the high quality of their information risk management and compliance program."
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Online shopping NEW YORK, June 1, 2022 /PRNewswire-PRWeb/ -- More than 70 million Americans are enrolled in flexible spending accounts (FSAs) and health savings accounts (HSAs), which help them pay for everyday and unexpected healthcare expenses, or save for future expenses. However, account holders often struggle to understand how they can spend these tax-free funds. Health-E Commerce, parent brand to FSAstore.com and HSAstore.com, has long been considered a leader in FSA and HSA education and its eligibility lists are the go-to source for employers, consumers, and industry organizations alike. Today, Health-E Commerce raised the bar for helping consumers understand how to use their FSA and HSA accounts by launching enhanced, interactive FSA and HSA eligibility lists.
Key Points:
- Today, Health-E Commerce raised the bar for helping consumers understand how to use their FSA and HSA accounts by launching enhanced, interactive FSA and HSA eligibility lists.
- Our new eligibility lists support the journey to smart healthcare spending by making it easy for consumers to use their funds for everyday or once-in-a-lifetime healthcare needs," said Farrington.
- Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits.
- Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.
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Thursday, November 4, 2021
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Health insurance FSAstore.com, a leading online marketplace for FSA users, delivers a 100%-guaranteed eligible shopping experience that eliminates the guesswork from spending FSA funds.
Key Points:
- FSAstore.com, a leading online marketplace for FSA users, delivers a 100%-guaranteed eligible shopping experience that eliminates the guesswork from spending FSA funds.
- By signing up for deadline alerts, account holders will be notified of special promotions and new arrivals and receive a series of deadline alerts delivered via email that will countdown to their individual deadline.
- "Consumers come to FSAstore.com for convenience, guaranteed eligibility, support, and expertise so they don't have to worry about losing valuable healthcare dollars," said Rida Wong, president of Health-E Commerce.
- As a result of COVID-19, the Consolidated Appropriations Act of 2021 gave employers the choice to change or temporarily extend the FSA spending deadline.
Retrieved on:
Tuesday, September 14, 2021
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Health insurance NEW YORK, Sept. 14, 2021 /PRNewswire-PRWeb/ -- While 77% of U.S. adults take vitamins and supplements, these widely-used products have not been eligible for purchase with a flexible spending account (FSA) or health savings account (HSA).
Key Points:
- NEW YORK, Sept. 14, 2021 /PRNewswire-PRWeb/ -- While 77% of U.S. adults take vitamins and supplements, these widely-used products have not been eligible for purchase with a flexible spending account (FSA) or health savings account (HSA).
- However, new bipartisan legislation introduced by Representatives John Curtis (R-UT) and Josh Gottheimer (D-NJ), H.R.
- Health-E Commerce, parent brand to industry-leading online marketplaces FSAstore.com , HSAstore.com , WellDeservedHealth.com , and CaringMill.com announced today its support of this legislation.
- According to Wong, vitamins and supplements have long been a top-requested eligibility category from consumers who shop the company's sites.
Retrieved on:
Thursday, September 2, 2021
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Health insurance Caring Mill is a popular line of health products available only on Health-E Commerce sites and that benefit Children's Health Fund .
Key Points:
- Caring Mill is a popular line of health products available only on Health-E Commerce sites and that benefit Children's Health Fund .
- The new Caring Mill OTC product line will be available for purchase on all Health-E Commerce sites starting September 1.
- Originally launched in 2017, the Caring Mill brand offers premium, FSA- and HSA-eligible products sold exclusively on FSAstore.com, HSAstore.com, and WellDeservedHealth.com.
- Prior to this, OTC medications were among the most requested product eligibility changes as tracked by Health-E Commerce shopper surveys.
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Toy Health-E Commerce , parent brand of online marketplaces FSAstore.com and HSAstore.com , announced today its Top 10 back-to-school healthcare products that are eligible for purchase with a flexible spending account (FSA) or health savings account (HSA).
Key Points:
- Health-E Commerce , parent brand of online marketplaces FSAstore.com and HSAstore.com , announced today its Top 10 back-to-school healthcare products that are eligible for purchase with a flexible spending account (FSA) or health savings account (HSA).
- By using an FSA or HSA, millions of consumers can save up to 30% on essential expenses for a healthy school year.
- "Returning to school after such an extended period of remote learning is sure to be nerve-wracking for students and their parents.
- Whether shopping for a kindergarten student or sending a young adult off to college, parents can use their FSA or HSA funds toward products that help protect the well-being of children throughout the year:
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"Healthcare consumers need simplicity, convenience, and zero guess work when it comes to using FSA and HSA dollars to care for their everyday health and well-being.
Key Points:
- "Healthcare consumers need simplicity, convenience, and zero guess work when it comes to using FSA and HSA dollars to care for their everyday health and well-being.
- The new sites are the latest demonstration of Health-E Commerce's mission to simplify healthcare benefits and help consumers benefit better from health spending account enrollment.
- Health-E Commerce partnered with PixelMEDIA to create the new sites, which are built on the powerful Salesforce Commerce Cloud for lifestyle brands.
- The new sites streamline and personalize the shopping experience by allowing consumers to shop by a category of product, by brand names, or even by health condition.
Retrieved on:
Wednesday, March 31, 2021
That changed on March 26, 2021, when the IRS released Announcement 2021-7 that now makes masks, hand sanitizer and sanitizing wipes that help prevent the spread of COVID-19 fully eligible for FSA/HSA reimbursement.
Key Points:
- That changed on March 26, 2021, when the IRS released Announcement 2021-7 that now makes masks, hand sanitizer and sanitizing wipes that help prevent the spread of COVID-19 fully eligible for FSA/HSA reimbursement.
- Health-E Commerce , parent brand of FSAstore.com and HSAstore.com , the first and leading online marketplaces for exclusively eligible FSA and HSA products, applauds the IRS for making this much-needed change to product eligibility at a time when Americans need it most.
- FSA holders should check with their HR department of benefits provider to make sure that these expenses will be eligible with their plan.
- To learn more about IRS Announcement 2021-7 and product eligibility for FSAs and HSAs, visit FSAstore.com or HSAstore.com .
