WealthCare HSA Transition Site - Navia All Rights Reserved. Her proven track record of success in driving accelerated revenue growth, product and market expansion will greatly benefit our partnersthe backbone of our organization, said Leif OLeary, CEO, Alegeus. The transition does not require employee action. We expect their new HSA account information to be available starting September 29, Account holders should destroy any remaining paper checks they have on hand. 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. 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. 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. DriveWealth, LLC, a registered broker dealer and member of FINRA and SIPC. Please enable javascript to improve your viewing experience. Alegeus | LinkedIn Published on May 1st, 2023. Let us help Don't have an account? *WealthCare Saver is a dba of Alegeus . 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. https://wealthcare.wealthcareportal.com/Page/PrivacyPolicy. 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. This is an important period of time used to transfer over balances and audit to ensure accuracy. The developer provided this information and may update it over time. Alegeus, the market leader in healthcare payment solutions, today announced the appointment of Melanie Hallenbeck as chief growth officer. 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. Enter your Employee ID. In this video, we explain why Alegeus is committed to amplifying our partners' voices, values and brands. When will a current employee see their new HSA online? With the WealthCare platform, investing your HSA funds is as easy as 1, 2, 3! 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). 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. 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. In March 2022 my HSA was transferred to WealthCare after I changed jobs. Investments - WealthCare CAPTRUST acts as investment advisor with respect to the investments available in your HSA. Please explore each tab on the site to get detailed information about the transition and the WealthCare HSA Saver product. hb```c``@(a?PIN k5p,QtsG1N*'"vvz\F9` ~7!H AKJAxe3051103^dd`X|.4:@33ndf,P4.@ @\f@VH-g4#m mS)`.%vN2MM;ZN 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. Universit Bourgogne Franche-Comt (UBFC) 601-800th. 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. No, the online and digital experiences will not change. Corporate Relations Get the big picture on a company's affiliates and who they do business with. No enrollment, funding/contribution, or reporting changes. Alegeus Technologies is a leader in the consumerdirected account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. Alegeus is headquartered in Waltham, Mass., with operations centers in Orlando and Bangalore, and a large remote workforce. All rights reserved. Add Company ID: I900808825 to your ACH Bank filters for HSA funding with your bank. As a matter of policy, BBB does not endorse any product, service or business. Powered by Alegeus, Wage Parity can better serve agencies and their employees as New York increases minimum hourly homecare wage. This site requires javascript to display properly. You may close this window or login again. SOC 2 Type 2, GDPR, CCPA compliant. Enter the information below to create your account. With more than 25 years of growth and innovation, Alegeus helps our clients (and their customers and participants) achieve new levels of success using account-based programs. 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. Alegeus is the industry's most innovative API solution for benefit administration. App won't let me submit for reimbursement. Alegeus, the market leader in healthcare payment solutions, today announced the appointment of Melanie Hallenbeck as chief growth officer. WealthCare Saver leverages all the current HSA functionality and features you know, but includes a fully integrated, modern investment experience. 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. We use cookies to optimize site functionality and give you the best possible experience. Docs | Best Practices - Alegeus Developer Portal 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 . We are always on the lookout for passionate and talented professionals that are seeking an adventure, not just a job. Sign in Username * Forgot your Username? As a rgion, it encompassed the eastern dpartements of Jura, Doubs, Haute-Sane, and the Territoire de Belfort. Alegeus Technologies is a leader in the consumer-directed account industry, supporting more than 30 million consumer and 225,000 employer health benefit accounts. %%EOF WealthCare - Apps on Google Play 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. Learn More Experienced As the leading provider of SaaS-based benefit funding and payment solutions, we focus on the specific needs of our partners whether you want to deliver standalone account offerings or embed accounts and cards into your total solution. Alegeus WealthCare Administration System What do you think? This change has no impact on the additional Spending Account types Independence offers: Health Reimbursement Accounts (HRAs) or Flexible Spending Accounts(FSAs). We currently offer two products: Administrative APIs and Participant APIs. 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. A depository: The depository is the underlying bank holding the non-invested funds. I called again and was told that the fees 'couldn't be reversed as they were legitimate.' With our SMART Account functionality, discover ways to stretch your healthcare dollars in real time. Please explore each tab on the site to get detailed information about the transition and the WealthCare HSA Saver product. Backed by Pacific Life, the new option allows HSA account holders to take advantage of some of the highest interest rates in the market. We are always on the lookout for passionate and talented professionals that are seeking an adventure, not just a job. There are also no spending freezes associated with this transition. 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 | SaaS-based benefit funding and payment solutions 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. Melanie Hallenbeck | Alegeus HSAs are becoming commodities, as administrators cut fees and sacrifice value to attract more clients. PDF Transfer of Assets Along a rushing river, on the shaded esplanade of a Roman basilica or on the urban quay sides of a bustling city; at the summit of a mountainous ridge, on a path . We will be updating the impacted Health Spending Account member documents and forms and marketing materials on the member portal, the Marketplace, Broker Forms Online, Sales Portal and Employer Portal to reflect the WealthCare Saver name change by March13. This is a legal change to the HSA custodian with minimal employee-facing impact, other than communications. 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. Were announcing an update regarding the custodian of your employees HSAs. BBB Business Profiles generally cover a three-year reporting period. Attorney and policy expert Jason Lacey shares strategies for benefits professionals to remain compliant while helping employers support their impacted employees. It keep shutting off the app when I hit the link to submit payment. This means that PNC Bank has agreed to resign as the custodian and will assign WealthCare Saver as the successor custodian. Debit cards, Account holders currently investing their Avidia HSA funds will not need to take action to liquidate those investments. endstream endobj startxref All rights reserved. Independence Edge - WhatCounts Bonus fact: Any investment earnings you make with your HSA are tax free! 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. Administrator View customer accounts Employer View company and employee accounts Participant View account activity and balances Partner User View Partner user accounts Better Business Bureau in Eastern MA, ME, RI & VT. BBB reports on known marketplace practices. At Alegeus, we believe in the extraordinary power of partnership. 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. Registered in all 50 U.S. states. 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