Information About the Medical Mutual Employee Care Card
Medical Mutual recently announced their new Employee Care Card (ECC), which allows employers to provide tax-advantaged financial assistance to employees during the COVID-19 pandemic. Please note that this solution will only be available while there is an active federal disaster declaration which triggers IRS Section 139.
The ECC is a pre-paid debit Mastercard that employers can use to provide tax-advantaged funds to their employees for “reasonable and necessary” expenses incurred as a result of the negative economic impact caused by the pandemic.
Contact your Cornerstone representative with any questions.
