What happens if I cannot provide substantiation that my Card was used to pay for an eligible medical expense?
In order to comply with IRS regulations, the Plan must ensure that the Card is only used to pay for eligible medical expenses. Therefore, appropriate action must be taken if substantiation is not provided as requested. Such actions may include: (i) requiring you to reimburse the Plan for the unsubstantiated expense; (ii) suspending your Card; (iii) offsetting your future reimbursement claims by the amount of the unsubstantiated expense; (iv) suspending your eligibility to participate in the Plan; and (v) deducting the amount of the unsubstantiated expense from your wages on an after-tax basis.
Related Questions
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