HSAs and FSAs With PAYARC

f you’re a doctor or a merchant that sells medical equipment or supplies, you probably have to consider that patients and customers may want to use an HSA (Health Savings Account) or FSA (Flexible Savings Account) to pay. Perhaps you’ve been considering switching to PayArc,but aren’t sure if you will still be able to accept these forms of payments.Good news—you will! If your practice or business falls under one of the following MCCs, you will be able to accept HSA and FSA.

• 4119 –Ambulance Services
• 5975– Hearing Aids – Sales, Service, and Supply Stores
• 5976 – Orthopedic Goods, Prosthetic Devices
• 7277– Counseling Service – Debt, Marriage, Personal
• 8011– Doctors and Physicians (Not Elsewhere Classified)
• 8021– Dentists and Orthodontists
• 8031– Osteopaths
• 8041– Chiropractors
• 8042– Optometrists and Ophthalmologists
• 8043– Opticians, Opticians Goods and Eyeglasses
• 8049– Podiatrists and Chiropodists
• 8050– Nursing and Personal Care Facilities
• 8062– Hospitals
• 8071– Medical and Dental Laboratories
• 8099– Medical Services and Health Practitioners (Not Elsewhere Classified)

‍