Defined by the IRS, an Inventory Information Approval System (IIAS) is designed to allow only healthcare items to be bought with your benefit debit card when making purchases at non-healthcare locations such as wholesale clubs, discount stores and even pharmacies.
For more information and to view the SIGIS Merchant List publication, please visit the Special Interest Group for IIAS Standards (SIGIS) website.
It is designed to allow only healthcare items to be purchased with the benefit debit card. The industry goal is to reduce or eliminate the need to send in receipts and documentation to your plan administrator when you make a purchase with your card while purchasing healthcare items at participating retailers.