Fit Small Business: Get Your Business Into Shape! › Forums › Ask a Question › Who processes ‘debit cards’ transactions for FSA accounts › Reply To: Who processes ‘debit cards’ transactions for FSA accounts
I’m going to chime in from an HR point of view.
Your best bet is to talk to the banks that set up FSA and similar accounts. Optumbank https://www.optumbank.com/product-services/flexible-spending-accounts.html and Bank of America https://healthaccounts.bankofamerica.com/explore-health-accounts.shtml
come to mind.
Since your questions are so specific regarding fees, and more importantly protection of health data, it’s not a bad idea to talk with someone in their FSA department who can tell you exactly how they comply with the Health Information Portability and Accountability Act (HIPAA) and what fees your health providers are charged, in any.
Good luck! Let us know what you find out.