WealthCare HSA Transition Site - Navia With WealthCare, access your latest account information at your fingertips. Enter the information below to create your account. Independence Blue Cross offers products through its subsidiaries Independence Hospital Indemnity Plan, Keystone Health Plan East and QCC Insurance Company, and with Highmark Blue Shieldindependent licensees of the Blue Cross and Blue Shield Association. Alegeus Technologies is a leader in the consumer-directed account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. Add Company ID: I900808825 to your ACH Bank filters for HSA funding with your bank. Please enable javascript to improve your viewing experience. With more than two decades of channel experience in the employee benefits and consumer-directed healthcare space, Melanie most recently served as chief growth officer at Elevate, a fast-growing developer of employee benefits technology. As a benefits administrator, you may have found yourself competing against TPAs who bend the rules, or you may have gotten pushback from employers and brokers for simply following the rules as written. WealthCare Saver is Anthem's New HSA Custodian All Rights Reserved. Please enable javascript to improve your viewing experience. What is the blackout and why is it important? App won't let me submit for reimbursement. 'Burgundy-Free County', sometimes abbreviated BFC; Arpitan: Borgogne-Franche-Comtt) is a region in Eastern France created by the 2014 territorial reform of French regions, from a merger of Burgundy and Franche-Comt.The new region came into existence on 1 January 2016, after the regional elections of . Helping clients win in a rapidly changing marketplace with the industrys largest and most comprehensive consumer healthcare funding platform. WealthCare Savers Investment Solutions Flyer, WealthCare Savers Investment Solutions FAQ, Avidia Legal Account Holder Notifications, Scheduled Health Reimbursement Arrangement (HRA), https://www.wealthcaresaver.com/docs/WealthCare_Saver_HSA_Investment_Options.pdf. No changes to how you manage your HSA program. Login | Alegeus Technologies Login We will maintain the confidentiality of your personal information in accordance with our privacy policy. Previously, she was senior vice president at WageWorks, leading the organizations health plan partner channel business. Following the transition, WealthCare Saver becomes the non-bank trustee and PNC remains the depository. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. In order to ensure our members are aware that WealthCare Saver will be administering their Independence HSA plans, members will be notified via mail at least 30days prior to the March13 effective date, as required. With the WealthCare platform, investing your HSA funds is as easy as 1, 2, 3! We currently offer two products: Administrative APIs and Participant APIs. Our highly flexible, white-label platform powers a range of account-based programs, including those listed here. As a rgion, it encompassed the eastern dpartements of Jura, Doubs, Haute-Sane, and the Territoire de Belfort. 176th. I expressed that I was frustrated and would be closing my account, and the representative simply wished that I would continue business with them as she ended the call. WealthCare Saver leverages all the current HSA functionality and features you know, but includes a fully integrated, modern investment experience. 1901 Market Street | Philadelphia, PA 19103. This change has no impact on the additional Spending Account types Independence offers: Health Reimbursement Accounts (HRAs) or Flexible Spending Accounts(FSAs). Self-Service Portal Sign In Self-Service Login Please enter your User ID & Password below to access your secure account. *WealthCare Saver is a dba of Alegeus . Powered by our scalable, customizable SaaS-based platform, Alegeus clients are growing and driving account adoption at a pace that is 3-4X the market. Were proud to offer the industrys most innovative healthcare payments platform, providing essential spending, saving and investing capabilities. endstream endobj startxref Please note the following: Your administrator must create an account for you prior to your first login. CAPTRUST acts as investment advisor with respect to the investments available in your HSA. This is an important period of time used to transfer over balances and audit to ensure accuracy. I also can't see how a functioning business can claim they will follow up on inquiries, only to fail to do so repeatedly.At this point the only thing I want is the fees reversed and the original total of $83.32 transferred to my Fidelity account. WealthCare Saver leverages all the current HSA functionality and features you know, but includes a fully integrated, modern investment experience. With more than two decades of channel experience in the employee benefits and consumer-directed healthcare space, Hallenbeck most recently served as chief growth officer at Elevate, a fast-growing developer of employee benefits technology. The health savings account (HSA) market has become increasingly complex and competitive in recent years. A simple, sleek and intuitive interface matches the online and app experience the modern consumer has come to expect. hb```c``@(a?PIN k5p,QtsG1N*'"vvz\F9` ~7!H AKJAxe3051103^dd`X|.4:@33ndf,P4.@ @\f@VH-g4#m mS)`.%vN2MM;ZN We use cookies to optimize site functionality and give you the best possible experience. We encourage you to take this opportunity to review your substantiation procedures and make any necessary adjustments to ensure the long-term success of your FSA plans and continue providing maximum value to your employee customers. Accountholders may continue to use their online accounts and user credentials. For information regarding underlying investment expenses, earnings, and distributions, see the applicable investment prospectus and other publicly available information. 578 0 obj <>/Filter/FlateDecode/ID[<1F87C3843737B64DAA188332D0B2F9AB>]/Index[527 100]/Info 526 0 R/Length 161/Prev 215589/Root 528 0 R/Size 627/Type/XRef/W[1 3 1]>>stream With Smart Account functionality, state-of-the-art investments and enhanced-yield savings, WealthCare Saver HSA delivers value at every stage of the consumer lifecycle spending, saving and investing. No impact to debit cards, mobile apps, online portals, credentials, or account history before, during, nor following the transition. In the midst of this race to zero, the WealthCare Saver HSA offers a truly different approach one that will fuel your business growth while providing more for account holders. Alegeus WealthCare Admin. Check out our latest resources and actionable insights. Mark Waterstraat, chief customer officer, explains the ins and outs of COBRA, including eligibility, costs, deadlines and more. This ID was assigned by your Administrator and could be your Health Plan Member Number, Social Security Number . Why? These substantiation rules are longstanding, and there were no changes to the rules in the proposed regulations. For a weekend, a week or longer, Bourgogne-Franche-Comt is a region on a human scale that brings together nature and culture and exercises the head, the taste buds and the legs. Employees will be able to see their accounts on their Navia employee portal on September 29th. Your investment accounts can be created and managed through the WealthCare portal. Alegeus, the market leader in healthcare payment solutions, today announced the appointment of Melanie Hallenbeck as chief growth officer. Yes, the new WealthCare Save HSA will be linked to their existing debit card for use once opened and funds have been deposited. No, the online and digital experiences will not change. WealthCare Saver is a dba of Alegeus Technologies, LLC, an Internal Revenue Service (IRS) authorized, non-bank passive trustee operating as the custodian of health savings accounts. The blackout period will run from October 31st to November 4th. Investments funds will automatically be liquidated on October 24th. Alegeus Technologies, LLC Company Profile - Dun & Bradstreet Safety starts with understanding how developers collect and share your data. Let us help Don't have an account? By leveraging our best-in-class technology and their industry-leading service and solutions, Alegeus clients are realizing the highest customer satisfaction (NPS) scores in the industry nearly +50 points higher than our closest competitors. No changes or impact to debit cards, online/mobile apps, bill payment, etc. and will be executed in collaboration with OCA, the Administrator of your HSA. 0 Alegeus Technologies, LLC | Better Business Bureau Profile No, accountholders debit cards will not change. No spending freezes or funds inaccessibility windows during the transition. Start Your Free Trial Universit Bourgogne Franche-Comt (UBFC) 601-800th. No. WealthCare Saver allows account holders to issue checks through the portal; these can be mailed to their providers by indicating. Our highly flexible, white-label platform powers account-based benefit programs such as HSAs, FSAs, HRAs, COBRA, wellness incentives, lifestyle benefits and beyond. As previously stated, this is a legal change to the HSA custodian. We are working to minimize the impact of this transition as much as possible. Who we help | Alegeus With our white-label model, accounts and cards can become an extension of your brand and member experience, serving up frictionless and intuitive financial solutions designed to satisfy the expectations of modern consumers. As noted by the ECFC, this may also be an indication that plans will be more closely scrutinized during audits. Alegeus is the market leader in SaaS-based benefit funding and payment solutions. WealthCare Saver, a dba of Alegeus Technologies, LLC, is a licensed Non-Bank Custodian of HSA cash accounts. Enter your Employee ID. Attorney and policy expert Jason Lacey shares strategies for benefits professionals to remain compliant while helping employers support their impacted employees. An HSA custodian enables participants to contribute money to a Health Savings Account and withdraw funds to pay for qualified medical expenses. The Find Care feature allows consumers to search for in-network procedures, facilities and doctors with associated cost and quality information, and the Opportunities feed provides personalized actions and suggestions for smarter healthcare spending decisions. Once the conversion is complete on November 4th, funds will be available after end-of-day processing, typically by 7pm CT. Account holders can use their existing card for all carded accounts with Navia, including their WealthCare Saver HSA funds. SOC 2 Type 2, GDPR, CCPA compliant. No, accountholders are not required to undergo a new CIP process if they are an existing HSA accountholder on the OCA platform. All rights reserved. Our highly flexible, white-label platform powers HSAs, FSAs, COBRA, lifestyle benefits and beyond delivering exceptional user experiences and differentiated capabilities that help you compete and win. You are encouraged to deliver an employee notification email on February 4, 2021. European Teaching Rankings 2018. Alegeus Appoints Melanie Hallenbeck as Chief Growth Officer There are also no spending freezes associated with this transition. Alegeus Technologies is a leader in the consumerdirected account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Account holders will be directed to a new Terms and Conditions document in their letter and should also add WealthCare Saver as an approved sender to their email accounts to ensure any messages do not get automatically filed as junkmail. The blackout is a period of time that employees will not be able to access their Avidia HSA Balance accounts while we are transitioning it to the WealthCare Saver HSA. Please explore each tab on the site to get detailed information about the transition and the WealthCare HSA Saver product. WealthCare Saver is Anthem's New HSA Custodian January 8, 2021 / in Anthem, Carrier, Employee Benefits / by Cornerstone On March 13, 2021, WealthCare Saver will replace PNC Bank as the custodian of the HSAs for: Current Anthem members who are actively enrolled in an HSA-compatible health plan. Alegeus | LinkedIn This would represent a major blow to all employees who made what they believed to be valid pre-tax contributions to their FSA or DCFSA. IRS Chief Counsel issues memo reiterating FSA substantiation No, there will be no changes to accountholder account numbers. There will be no impact on day-to-day account usage: Summary: The transition simply entails a legal change in the custodial entity and the employee notifications required by existing custodial agreements. Better Business Bureau in Eastern MA, ME, RI & VT. BBB reports on known marketplace practices. How BBB Processes Complaints and Reviews. Join us in Denver from May 7-9 for the Alegeus Partner Success Summit, our annual learning and empowerment forum! 101 Southhall Lane Suite 400Maitland, FL 32751, Copyright 2023 Alegeus Technologies, LLC. We are working to minimize the impact of this transition as much as possible. Consumers will have two ways to save HSA funds. Again, this helps demonstrate why your employers should want to work with a compliant administrator, lest they invalidate their entire plan. Alegeus Technologies is a leader in the consumer-directed account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. Important update regarding the custodian of your employees' HSAs Through the Wealthcare Saver HSA, they will have the ability to reinvest those funds on November 4, Account holders that contribute outside of payroll, or otherwise have their HSA routing and account number on file for transfer or bill pay arrangements, will need to update their information with their new routing and account number for their WealthCare Saver HSA. She did not inform me that when I had my account closed and moved to Fidelity, which was finalized on April 10th, I would be charged an additional $25 for absolutely no reason. Read about trends and forces shaping the benefits landscape. Learn how Alegeus can help you unlock the full potential of your account-based programs through our flexible approach, continuous innovation and collaborative partnership model. WealthCare empowers people to make the most from their healthcare dollars through the industrys first SMART HSA, a guided platform that maximizes their savings and minimizes their spend. And our unique partnership model empowers our clients to achieve outsized results growing their programs at a rate that is 3-4X the market, and with the highest net promoter scores (NPS) in the industry. Its critical all of value-add components of an HSA complement and build upon each other both in value to employees and sequentially as we work with our partners to build them. Powering more than $6 billion in healthcare transactions annually, Alegeus delivers the security, reliability, stability and proven financial solutions you need to manage your customers money. However, Accountholders are encouraged to review the new terms and conditions governing their account including the new accountholder agreement at www.wealthcaresaver.com/disclosures/wcsp. In addition, you may choose to have CAPTRUST manage your HSA account on a discretionary basis. Alegeus, Alegeus Technologies, WealthCare, WealthCare Saver are registered trademarks of Alegeus Technologies, LLC. To support the WealthCare Saver transition, PNC has agreed to resign as the custodian and assign WealthCare Saver the successor custodian. On March 13, 2021, WealthCare Saver a private-label HSA solution that is fully-integrated with our platform and is an IRS-authorized non-bank trustee will become the non-bank trustee of health savings accounts. Melanie Hallenbeck | Alegeus Sign in Username * Forgot your Username? Alegeus Appoints Melanie Hallenbeck as Chief Growth Officer, 101 Southhall Lane Suite 400Maitland, FL 32751, Copyright 2023 Alegeus Technologies, LLC. Learn how Alegeus can help you unlock the full potential of your account-based programs through our flexible solutions, continuous innovation and collaborative partnership model. neither WealthCare Saver*, nor its affiliates, shall be held liable for any adverse consequences that may result. Alegeus recommends utilizing a different REST user configuration on a "per platform" basis. Consumers can access their HSA account and invest in real time (on both mobile and desktop) without leaving the Alegeus platform. The account is not subject to a funds inaccessibility window or spendingfreeze as a result of the custodial transition. This site requires javascript to display properly. Thus, as required by the existing custodial agreement, the only employee impact is notification delivered via two communications: Submit Employee Enrollments & Terminations. The notice will include information about the new terms and conditions governing their account including the new accountholder agreement. Before we get any deeper, its important we define and clarify the difference in what a custodian is versus, what a depository is responsible for. With our SMART Account functionality, discover ways to stretch your healthcare dollars in real time. Alegeus has the only HSA in the market with a new, modern investment experience. CapFinancial Partners, LLC (CAPTRUST) is an investment adviser registered under the Investment Advisers Act of 1940. During this time, they will continue to have access to their other benefit accounts and be able to use their existing card for those accounts, if enrolled. Employers found out of compliance could be held responsible for all back payroll taxes and associated penalties, issuance of corrected W2s which would then require all employees (past and present) to file amended tax returns, likely resulting in additional taxes and penalties. WealthCare - Apps on Google Play Powered by Alegeus, Wage Parity can better serve agencies and their employees as New York increases minimum hourly homecare wage. Account holders may continue using their. The new capability greatly simplifies the complexity of open enrollment for participants and administrators. 626 0 obj <>stream Debit cards, Account holders currently investing their Avidia HSA funds will not need to take action to liquidate those investments. Prior to Elevate, she served as chief growth and marketing officer at benefitexpress, which was acquired by Wex (NASDAQ: WEX), a leading global benefits company. I called once again on the 10th to ask why this fee was charged without informing me and was told that it would be looked into and I'd hear back on April 12th, which has also not happened.So I am left with a mere $14.92 out of a contributed $83.32 to my HSA. Overview. Review any internal documents or links you may have that reference Avidia. Our highly flexible, white-label platform powers a range of account-based programs, including those listed here. Let us help Password * Forgot your Password? All rights reserved. All Rights Reserved. Copyright 2023 WealthCare. However, the memo serves as a reminder to FSA administrators about the importance of proper documentation for expenses claimed through FSAs. Read through the Account Holder Communications under the Important Documents tab and familiarize yourself with this site. Built by a deeply knowledgeable HSA and investment product team and powered by an API-driven, cloud-based brokerage platform the investment solution features auto-rebalancing, on-demand investment statements, historical performance of available funds, and an impressive investment stack: The WealthCare Saver HSA experience lives within a single platform for a seamless user experience. Click here to download details: https://www.wealthcaresaver.com/docs/WealthCare_Saver_HSA_Investment_Options.pdf. Alegeus, Alegeus Technologies, WealthCare, WealthCare Saver are registered trademarks of Alegeus Technologies, LLC. BBB Business Profiles are subject to change at any time. Bourgogne-Franche-Comt (French pronunciation: [bu f kte] (); lit. In 2016 the Franche-Comt rgion was joined with the neighbouring rgion of Burgundy to form the new administrative entity of Bourgogne-Franche-Comt. 9 See similar companies for insight and prospecting. Alegeus is PCI-DSS, SOC1 type 2 and SOC2 type 2 certified; our API requests use TLS1.2 encryption to give administrators precise control over access to data. Account APIs Manage all participant accounts, including adding/deleting employees, resetting passwords, and updating participant contact information. Managing your benefit account (s). A depository: The depository is the underlying bank holding the non-invested funds. WealthCare Saver is a leading custodian of health savings accounts (HSAs) with long-standing experience in the market. Copyright 2023 WealthCare. Our product and market experts share the top five trends anticipated to drive the healthcare and benefits space this year. That is, if you are calling REST APIs to drive multiple channels (i.e., portal, mobile, IVR), have each channel use a different user ID.
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