mySourceCard®: Instant Reimbursement
The mySourceCard® MasterCard® Debit Card is an incredibly powerful tool for any Consumer Directed Plan. One of the biggest stumbling blocks to maximizing enrollment is the perceived difficulty of employee access to funds. Employees hate the idea of having to pay for expenses out of pocket, fill out a claim form and wait for a reimbursement check; they want their plan dollars now. With the mySourceCard®, reimbursement comes at the point of sale.
The mySourceCard® is directly tied to DataPath systems through the dpiCMS, making the administration of benefit linked debit cards an easy addition to your book of business and increase your efficiency. The mySourceCard® can be used to pay out for benefits linked to Flexible Spending Accounts, Dependent Care, Transit and Health Reimbursement Arrangements or can be tied to a Health Savings Account. Because of our solution's unique benefit stacking, purses will pay out in the appropriate order per the plan design, allowing one card for plans that combine FSAs and HRAs.
The mySourceCard® is integrated with the industry standard Inventory Information Approval System, and will therefore autosubstantiate eligible expenses at the point of sale. The manifold benefit of this integration is reducing the need for employees to file claim forms, increasing your autosubstantiation rate to reduce time spent performing manual claim entry and increasing participation within employer groups with an easy-to-use reimbursement method.
The mySourceCard® also has the option of being linked to the nation's largest payor network through the DataPath Exchange to serve as a secondary coverage card.
