Visa Healthcare Cards

A healthier workplace—physically and financially

Visa Healthcare cards can encourage increased employee participation and satisfaction in healthcare programs while helping to reduce administrative expenses. With Visa Healthcare cards, account holders enjoy fast, convenient access to funds. Tax-advantaged healthcare programs, such as the ones highlighted in this section, offer attractive tax savings for both employers and employees. And maximizing these programs with Visa Healthcare cards can ease administration and drive participation, while providing increased value for cardholders.

Learn more about

• Health Savings Accounts (HSA)
• Flexible Spending Accounts (FSA)
• Health Reimbursement Arrangements (HRA)
• IIAS Requirements and Visa FSA/HRA card usage at retail

To learn how you can add Visa Healthcare cards to your benefits program, browse our Partner Directory.

Tailored solutions

Visa Healthcare cards provide greater value and convenience by enabling HSA account holders and FSA/HRA participants to easily access funds to pay for eligible medical expenses. And with Visa, employers enjoy increased participation and reduced administrative costs. Whatever your needs, Visa’s dedicated and knowledgeable healthcare team is here to assist you.

Access to various benefit accounts can be managed separately through individual card programs or combined and offered through a single multi-purse Visa card. These highlighted healthcare offerings are part of a larger program of employee benefits cards from Visa:

• Health Savings Account (HSA)
  An HSA is a tax-advantaged savings account designed to help individuals with high-deductible health plans (HDHPs) pay for current medical expenses and save for future ones. Contributions to HSA accounts may be arranged by employers or may be established independently by eligible individuals.
• Flexible Spending Account (FSA)
  An FSA is an employer-sponsored benefit that allows employees to set aside a portion of their salary on a pre-tax basis to pay for qualified medical, dependent, or transit expenses.
• Health Reimbursement Arrangement (HRA)
  An HRA is an employer-funded program, usually coupled with high-deductible health coverage, which is established to assist employees in paying for qualified medical expenses.

To learn how you can add Visa Healthcare cards to your benefits program, browse our Partner Directory.

Features and benefits

Visa Healthcare cards offer innovative solutions for managing healthcare programs that help encourage a healthier workplace. By choosing to offer a Visa Healthcare card, you and your team members can enjoy:

• Convenience. Visa Healthcare cards make it easy to pay for qualified medical expenses, such as doctor visits and prescriptions. Choosing a Visa Healthcare card solution virtually eliminates the time-consuming process of paying with cash or checks and then filing for reimbursement. In addition, Visa’s Auto-Substantiation Solution can also help eliminate “pay and chase” and make using Visa FSA/HRA cards easy and more cost-effective for merchants, FSA/HRA plan participants, and benefit administrators than first-generation health benefit cards.
• Flexibility. Visa’s flexible platform allows employers to offer HSA, FSA, HRA, Transit, Dependent Care, and Wellness programs either individually or “stacked”, and accessible through a single, multi-purse Visa card. For a unique one-card solution, a health insurance ID card can also be combined with Visa Healthcare cards.
• Peace of mind. As with many Visa products, the Visa Healthcare card is backed by Visa’s Zero Liability Policy, which safeguards cardholders from unauthorized purchases; cards can be replaced with the full amount of unauthorized transactions.¹
• Support. Visa HSA cards can also support personal credit lines to help account holders pay for medical expenses that arise before the HDHP deductible is met.

Why choose Visa?

As a world leader in consumer payments, Visa is a name employers and employees trust. By choosing to offer a Visa Healthcare card, employers benefit from:

• High acceptance. 97% of medical practices surveyed by MGMA Services and Visa in August 2006 responded that they accept Visa cards for healthcare expenses.²
• Increased usage. In 2006, consumers used a Visa card to pay for almost $34 billion in medical expenses. Increasingly, consumers enjoy the convenience and ease of paying their healthcare expenses with a Visa card.³
• Increased participation. More convenient than filing traditional claims, a Visa Healthcare card provides a compelling incentive for employees to enroll in an HSA or tax-saving employer benefit programs
• Greater satisfaction. The Visa Healthcare card offers ease of use and fast, convenient access to funds.
• Reduced paperwork. Rather than wait weeks for qualified medical expense reimbursement, participants access funds directly and immediately, reducing paperwork hassles and administrative demands for all parties.

Through ongoing enhancements and a commitment to innovation, Visa can help make your program a success. To learn how you can add Visa Healthcare cards to your benefits program, browse our Partner Directory.

Get more information

Visa's experienced Healthcare team can help you design the ideal program for your needs. To learn more, view our Frequently Asked Questions or browse our Partner Directory.