Substantiation process for flexible spending accounts or similar accounts where electronic benefit cards are used

Abstract

A method of transaction approval and substantiation employing accumulator logic for medical, dental, and vision claims. For example, a health care plan member may utilize an electronic payment card to pay for various health care related expenses where that electronic payment card is deducting from that member's flexible spending account, health reimbursement arrangement, or other such accounts. For substantiation of a card transaction, in addition to copay matching, paid claim matching, and recurring transaction matching for medical, dental, and vision claims, the method of the current invention further employs accumulator logic processing where the transaction is substantiated if the card swipe amount for that transaction is less than or equal to the sum in an accumulator for the previously paid claims in the appropriate medical, dental, or vision claim area.