SIGIS Overview

(Pharmacy users only)

The Special Interest Group for IIAS Standards (SIGIS) was set up as a standards group to support the IRS-imposed requirement that retailers only accept payment from FSAFlexible Spending Account (FSA). With an FSA, money is taken from your paycheck before taxes (you set the amount) and put into an account. You can then use that money to pay for medical expenses throughout the year. FSAs have a "use it or lose it" provision—meaning that a consumer must use the dollars in the year in which they are saved, or will lose them at year-end. or HRAHealth Reimbursement Arrangement (HRA). An account offered to employees or retirees, where you can use the money to pay for deductible and co-insurance amounts, or covered medical expenses. Leftover dollars generally can be used from year-to-year, as long as you continue to be a member of the plan. Also, the money is contributed by your employer and doesn't count as income, saving you tax dollars.  payment cards for a list of eligible items (for example, alcohol is not eligible, but Motrin® is). The IIAS is the list of items (defined by UPC) that qualify. When a customer makes a purchase, Eagle recognizes the items that are on the IIAS list. Eagle POS then groups and subtotals the eligible items. The customer can then pay for eligible items using the FSA/HRA payment card. Any additional items purchased require another means of payment.