Commuter benefits are available to large group and national employers to pair with any of our medical products. Visit the IRS website or talk to your Anthem sales representative for more information on determining group size.
One benefits administrator means less work, lower costs, and greater security.
Employees appreciate having one debit card for all their spending accounts.
These types of benefits can give your company a competitive edge.
Employees authorize you to deduct a pretax amount for parking or vanpooling/transit from each paycheck, up to a monthly limit set by the Internal Revenue Service (IRS). They can change the amount each month.
Employees should keep receipts and make sure they have the merchant name, date, amount of expense, and a description of the purchase. If they don't receive a receipt, a signed claim form showing the amount of the expense they incurred for that time period will be accepted.
They pay for qualified transportation costs with a benefits debit card that only works for vendors who sell transit fare.
Transit benefits can be used for travel costs by bus, ferry, streetcar, subway, train, and commercial vanpool. Parking benefits can be applied towards parking at or near work or park-and-ride expenses.
Money left in the account carries over if the employee continues to participate in the plan.
Transit and parking benefits can be combined with or added to any Anthem spending account.
Contact your Anthem sales representative.
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