Glossary - D

Debit Card

A healthcare payment card issued to covered persons of a qualified plan. The card can be presented to medical or pharmacy providers to transfer funds from the applicable account for payment of healthcare services. In order for such accounts to properly qualify for tax-advantaged treatment, the administration of the debit card payments must meet IRS provisions.


The amount of money that a covered person and his/her dependents would have to pay out-of-pocket annually for expenses before the insurance company covers the remaining costs, in full or in part.


An individual who depends on another as a primary source of income and/or health benefits from a parent, grandparent and/or guardian.

Dependent Care FSA

A spending account that is offered through an employer’s benefit plan that allows employees to set aside pre-tax money on an annual basis to pay for qualified day care expenses incurred during that year.


The withdrawal of funds from a health spending account to pay for qualified medical expenses.

Discount Drug Card

See Prescription Drug Cards

Disease Management

The concept of reducing healthcare costs and/or improving quality of life for individuals with chronic disease conditions by preventing or minimizing the effects of a disease through integrative care. Also known as care management, health management programs, or disease self-management.

Introducing UMB HSA Saver

UMB HSA Saver is a unique investment platform designed with ease in mind. Account holders can easily research, buy and sell funds with a couple clicks.

How to Use Receipt Vault Video

How to Use ReceiptVault

Easily track and manage your healthcare receipts using ReceiptVault.