Why are the FSA spending account cards going to be done away with?
Rob Kirk, Hangar 2, Facilities Maintenance
FSA Debit Card Discontinuation Source: Jetnet Flexible Spending Accounts FAQs
1. Why is the FSA debit card not available for 2011?
The FSA debit card will be discontinued effective January 1, 2011 due to administrative difficulties that arose in 2010 with substantiation and debit card deactivation as well as the challenges the program will experience with changes to eligibility rules for over-the-counter drugs, which will not be reimbursable without a prescription in 2011.
2. I have a debit card for the current year. What happens to my debit card in 2011?
Your debit card will be deactivated at 11:59 p.m. December 31, 2010. You can access remaining FSA funds through the grace period deadline of March 15, 2011 using Manual Claims (mail or fax, the online Express Claims Service or auto reimbursement. Please note that over-the-counter drugs will not be eligible for reimbursement after December 31, 2010.