What is IIAS Certification?

What is IIAS Certification?

An inventory information approval system (IIAS) requires a merchant’s inventory and point-of-sale systems to have the ability to verify that the merchandise being purchased with a FSA/HRA card is an eligible medical expense, as defined by the IRS.

Is Walgreens an IIAS merchant?

How do I know who is an IIAS merchant? Retailers such as Walgreens®, CVS®, Walmart® and others have implemented the IIAS system. For a complete list of vendors you can check on-line for the most current list.

Is Amazon an IIAS merchant?

Amazon recently announced that it has become a SIGIS-certified merchant, meaning that it will now accept consumer’s flexible spending account funds. Because Amazon uses the SIGIS IIAS system, all FSA purchases are auto- substantiated at the point of purchase so you don’t have to submit a receipt.

Is Target an IIAS merchant?

The easiest way to purchase prescription drugs, over-the-counter medications, and other eligible health care items is to use your health care card at a merchant with an inventory control system referred to as “IIAS.” Local merchants in our area that are currently IIAS certified include Harris Teeter, CVS, Walgreens.

Who is an IIAS merchant?

An IIAS merchant has an Inventory Information Approval System (IIAS) that automatically identify eligible medical expenses. Here’s how an IIAS merchant works: Have the sales clerk total your entire purchase. Use your Beniversal Card first, which will automatically pay for the eligible medical items.

What does Sigis mean?

The Special Interest Group for IIAS Standards (SIGIS) is a non-profit, membership corporation, launched in 2007, that is responsible for the development and management of an industry standard to meet IRS requirements for operating an inventory information approval system (an “IIAS”).

How do I get an FSA card?

To enroll, visit the FSAFEDS website or call 1-877-FSAFEDS (372-3337). TTY 1-800-952-0450.

What is IIAS merchant?

An IIAS merchant has an Inventory Information Approval System (IIAS) that automatically identify eligible medical expenses. You usually will not need to submit a receipt to verify the eligibility of a purchase made at an IIAS merchant, but save your receipt just in case.

Can I use FSA at Target?

It’s important to note that Target doesn’t accept HSA or FSA cards at the moment. Instead, you can use a credit, debit or gift card on eligible products and then send in the receipt for reimbursement.

What are IIAS Standards?

The IIAS system is a combination of inventory management and point of sale systems that 1) confirm the health care eligibility of items purchased with an FSA or HRA card, 2) generate a payment transaction that contains the required IIAS information, and 3) includes an information archive system that allows the merchant …

How do I register with Sigis?

To become a Member, please visit the SIGIS website:

1. Click the “Members Services > Join” tab located on the top of the SIGIS home page.
2. Click “Online Membership Application”

What is IIAS certification for FSA cards?

IIAS Merchant Certification An inventory information approval system (IIAS) requires a merchant’s inventory and point-of-sale systems to have the ability to verify that the merchandise being purchased with a FSA/HRA card is an eligible medical expense, as defined by the IRS.

What is the IIAS system?

The IIAS system is a combination of inventory management and point-of-sale systems that manage the following three functions: Confirm the health care eligibility of items purchased with a FSA or HRA card, by accessing eligibility flags in the merchant’s inventory database when merchandise is purchased with a FSA/HRA card.

What is FSA ID and how do I create one?

An FSA ID is a username and password that gives you access to Federal Student Aid’s online systems and can serve as your legal signature. Only create an FSA ID using your own personal information and for your own exclusive use.

Do I need an IIAS for FSA/HRA purchases?

The IRS requires merchants that sell qualified medical goods and services, but do not have a health care Merchant Category Code (MCC) or do not qualify under the IRS 90% Rule exemption, to have an IIAS for purchases with FSA/HRA cards to be approved.