Published in Medical Letter on the CDC and FDA, December 7th, 2003
This partnership, which allows MBI Flex Convenience cardholders to purchase over-the-counter (OTC) health-related products at the Familymeds' specially designed website, is an industry first and, according to MBI, a substantial breakthrough for third-party administrators that manage FSAs.
The relationship between MBI and Familymeds was forged in response the Internal Revenue Service ruling that allows many over-the-counter medications to be paid with FSA...
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