WealthCare HSA Transition Site - Navia No. Melanie Hallenbeck | Alegeus These substantiation rules are longstanding, and there were no changes to the rules in the proposed regulations. At Alegeus, we believe in the extraordinary power of partnership. 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 $83.32 to my HSA. Contact Information 1601 Trapelo Rd Lbby 2 Waltham, MA 02451-7357 Get Directions Visit Website (800) 369-9794 This business has 0 reviews Customer Complaints 14 complaints closed in last 3 years 8. Review any internal documents or links you may have that reference Avidia. We are working to minimize the impact of this transition as much as possible. hbbd```b``QA$D2"DV!f59jVaA"Hf foM0&1XN0lN,ay7A"zMch`g`3`yi3X/(Bg`` S"l App won't let me submit for reimbursement. 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. Overview. Most notable during this transition is the fact that account holders will experience a 5-day conversion period while their HSA funds are liquidated and transferred. 2021 Independence Blue Cross. BBB Business Profiles generally cover a three-year reporting period. Section 1: HSA Account Information (WealthCare Saver as Custodian) ACCOUNT NUMBER(12 digits beginning with 601) LAST NAMEFIRST NAME EMPLOYER NAME EMAIL ADDRESS STREET ADDRESS CITY STATEMIDDLE INITIAL - SOCIAL SECURITY NUMBER TELEPHONE NUMBER ZIP CODE Transfer my HSA FROM this account Section 2: Current Custodian Information ACCOUNT NUMBER Alegeus Technologies is a leader in the consumerdirected account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. They can also select investment options through the WealthCare Saver investment solution if their balance is greater than $1,000. WealthCare | Health Savings Accounts (HSA) for a healthy future Market leadership and scale When you partner with Alegeus, we are wholly focused on your growth and success not just as your technology partner, but as your growth enabler. Customers and members do not need to take any action and there is no impact to members enrolled in a 2021HSA plan or how they interact with their benefit or access their health savingsaccount: WealthCare Saver is a d/b/a of Alegeus Technologies, LLC, an Internal Revenue Service (IRS) authorized, nonbank, passive trustee operating as the custodian of HSAs. All Rights Reserved. No, while the HSA Custodian is changing, the Employer and Navias responsibilities as part of the agreement will remain the same. Yes, approximately 30 days prior to March 13, 2021, Alegeus will send a notification by mail to accountholders who have an account custodied by PNC Bank as of approximately January 15, 2021 notifying them of the change in custodian. More information, including Brands Sold, Products Sold, Month in Operation, Provides Delivery, Pet Friendly and more. I called on March 24th, asked to have the fees reversed, and was given a reference number of ****** and told that I would be contacted in 1 to 3 business days.By April 3rd (more than 5 business days later), I had not received any contact whatsoever. 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. Alegeus WealthCare Admin. The balance in your HSA Investment Account is subject to investment risks, including fluctuations in value and the possible loss of the principal amount invested. International Association of Better Business Bureaus. Alegeus is the market leader in SaaS-based benefit funding and payment solutions. WealthCare Saver | We Know HSAs In addition, we are an HSA custodian and provide the WealthCare Saver solution directly to consumers. We currently offer two products: Administrative APIs and Participant APIs. 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. 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. Alegeus Technologies is a leader in the consumer-directed account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. Start Your Free Trial The balance in deposit accounts will continue to be insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount permitted under FDIC guidelines. The developer provided this information and may update it over time. Attorney and policy expert Jason Lacey shares strategies for benefits professionals to remain compliant while helping employers support their impacted employees. Following the transition, WealthCare Saver becomes the non-bank trustee and PNC remains the depository. Alegeus WealthCare Admin BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Debit cards, Account holders currently investing their Avidia HSA funds will not need to take action to liquidate those investments. 9 See similar companies for insight and prospecting. Alegeus is uniquely positioned to drive your future success Our innovative solutions deliver tangible value for you, your customers and members - delivering flexibility to design and deploy a truly differentiated product experiences that will delight your customers and achieve your business goals. Read about trends and forces shaping the benefits landscape. hb```c``@(a?PIN k5p,QtsG1N*'"vvz\F9` ~7!H AKJAxe3051103^dd`X|.4:@33ndf,P4.@ @\f@VH-g4#m mS)`.%vN2MM;ZN Our product and market experts share the top five trends anticipated to drive the healthcare and benefits space this year. This is an important period of time used to transfer over balances and audit to ensure accuracy. No, there will be no changes to accountholder account numbers. CapFinancial Partners, LLC (CAPTRUST) is an investment adviser registered under the Investment Advisers Act of 1940. On April 28, 2023, the Internal Revenue Service (IRS) released a Chief Counsel memorandum reiterating the substantiation requirements included in proposed IRS regulations for health flexible spending arrangements (health FSAs) and dependent care flexible spending arrangement (DCFSA). This ID was assigned by your Administrator and could be your Health Plan Member Number, Social Security Number . 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. Current This content is restricted to site members. Previously, she was senior vice president at WageWorks, leading the organizations health plan partner channel business. Employee experience: WealthCare Saver is Anthem's New HSA Custodian The health savings account (HSA) market has become increasingly complex and competitive in recent years. Alegeus has the only HSA in the market with a new, modern investment 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. Were announcing an update regarding the custodian of your employees HSAs. Were proud to offer the industrys most innovative healthcare payments platform, providing essential spending, saving and investing capabilities. 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. Adjudication APIs When will funds be available after the transition? No changes or impact to debit cards, online/mobile apps, bill payment, etc. Because you never pay taxes on earnings or withdrawals for qualified medical expenses! Read through the Account Holder Communications under the Important Documents tab and familiarize yourself with this site. Alegeus, the market leader in healthcare payment solutions, today announced the appointment of Melanie Hallenbeck as chief growth officer.