Core Documents - Section 125 Premium Only Plans Core Documents - Health Reimbursement Account
Core Documents - Flexible Spending Accounts Core Documents - Section 132 Commuter & Parking
Core Documents - Home

 

MasterCard® Simplifies HRA Plan Administration for Employers

HRA Mastercard ProgramClaims Fusion is a medical payment company which provides claim re-pricing, payment and financing services for the healthcare and general insurance industry. Core Documents has partnered with Claims Fusion to help employers simplify the medical expense reimbursement process inherent in HRA and FSA administration.

Employees can access their HRA funds via the ClaimsFusion MasterCard®, this is not a debit card, it's a credit card secured or guaranteed by the employer to certain Plan limits per employee. In addition to copayments, coinsurance, and deductibles, employees can use the Claims Fusion MasterCard® to pay for qualified expenses incurred at all merchants who accept MasterCard® for health-related products.

The Claims Fusion MasterCard® provides employees with instant access to their account funds for eligible expenses – right at the point of service. For health care-related expenses, whether at the dentist, optometrist, or doctor’s office – wherever MasterCard® is accepted by health care providers – employees simply present their MasterCard®, and the amount of the eligible expense is automatically charged to the Employers MasterCard® account.

Claims Fusion MasterCard® offers:

    Employees
  • Elimination of the need to pay and wait for reimbursements.
  • Virtual elimination of paperwork and administrative hassle.
  • 24/7 online access to program, fund balance, and transaction information.
  • More freedom in choosing the providers and services they want.
  • New opportunities to take control of their benefits.
    Employers
  • Less paperwork and more streamlined administration.
  • Receive one monthly bill, with discounted claims data by employee
  • A way to enhance the appeal of HRAs, which in turn leads to:
  • Higher HRA participation rates, which in turn leads to:
  • Greater savings.
  • Finance claim spikes over several months at low interest rates.
  • New opportunities for innovative cost-sharing plan designs.
  • An easy first step toward bringing consumers closer to the real cost of health care and benefits.
Setup and Monthly Administrative Fees:
  • $100.00 initial application & setup fee
  • $6.50 per month per employee participating in the Plan
  • $150.00 annual renewal fee
  • Apply Today
    To add this new feature to your HRA Plan design simply complete the no obligation Claims Fusion credit application at this link: Claims Fusion MasterCard Application Or, call us toll free at 1-888-755-3373 Monday through Friday 8AM to 6PM EST / FL.


    CoreDocuments.com : Core 125
    What is a HRA
    HRA Design Options
    Benefits of an HRA
    Important HRA Facts
    HRA MasterCard®
    Online Order Form
    Fax Order Form
    Section 125 POP Plans
    Health FSA Plan
    Depedent Care FSA
    Section 105 Spouse Plan
    HSA Section 125 Plan
    Section 123 Transit Plan
    Talk To A Consultant
    http://www.coredocuments.com
     

    IRS Section 125 Plan FSA Section 125 Health Reimbursement Account or HRA Plans Section 125 with HSA
    Home I Contact Us I Site Map I Resources
    Call us toll free at (888) 755-3373
    Copyright 2004-2007, all rights reserved.
    "NetPay increases when you use Core Documents"
    IMPORTANT: Many small employers take insurance premium and medical expense reimbursement deductions without the knowledge that a formal Plan Document and Summary Plan Description are required by the Internal Revenue Code. Many CPAs, bookkeepers, and accountants are unaware of this requirement. The penalty for non-compliance may include disallowance of all deductions, payment of all delinquent taxes plus interest and penalties. Google Search