EZ Reimburse® Card Provisions – General Provisions Sample Clauses

EZ Reimburse® Card Provisions – General Provisions. 1. Employees participating in one or more health flexible spending accounts shall receive an EZ Reimburse® Card in a manner to be determined by the Employer and FBMC prior to open enrollment. 2. FBMC shall automatically deduct the fee for the EZ Reimburse® Card directly from each Participant’s flexible spending account unless the Employer agrees to pay the fee on behalf of the Participants, in which case the fee will be billed to the employer. 3. FBMC shall be responsible to provide administrative services to Participants, including updating Participant records, maintaining accurate account balances and deposit information, activating and deactivating Participant EZ Reimburse® Cards, responding to Participant inquiries and providing appropriate notices of actions taken. 4. FBMC agrees to reasonably insure compliance with proper use of the EZ Reimburse® Card and take whatever action is necessary to investigate and resolve errors in EZ Reimburse® Card transactions. 5. FBMC agrees, upon notice form Employer of termination of a Participant to, as soon as is practical, deactivate such Participant’s EZ Reimburse® Card. Should Employer fail to provide this notice in a timely manner causing payment of ineligible expenses, Employer will be responsible for all costs incurred by FBMC for subsequent EZ Reimburse® Card transactions made by the terminated Participant. 6. FBMC will issue a monthly statement to all TFA participants with the implementation of EZR card technology.
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