Corporate Relations Get the big picture on a company's affiliates and who they do business with. Investments funds will automatically be liquidated on October 24th. Alegeus | SaaS-based benefit funding and payment solutions If you've forgotten your password, please contact your designated Administrator to have your account password reset. 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).These substantiation rules are longstanding, and there were no changes to the rules in the proposed . No changes to how you manage your HSA program. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. 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. Login | Alegeus Technologies At WealthCare Savers request, PNC has agreed to resign as the custodian of your HSA and assign WealthCare Saver the successor custodian. 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 . All Rights Reserved. Complexity, Handled With the industry's most comprehensive API solution, Alegeus simplifies administration of even the most complex plan designs. Alegeus recommends utilizing a different REST user configuration on a "per platform" basis. This memo serves to reinforce the importance of operating within the rules and helps you demonstrate to customers that youre not imposing undue scrutiny, but simply helping them to remain compliant. PDF Transfer of Assets When will funds be available after the transition? This change was initiated by WealthCare Saver a fully-integrated, private-label HSA custodial solution from Alegeus Technologies, LLC. Your HSA is a powerful investment vehicle and can help you better prepare for your future. I acknowledge that I have read and understood the terms and conditions applicable to a distribution, as set forth . The transition does not require employee action. Docs | All APIs - Alegeus Developer Portal Will this change require a new service contract or amendment? At Alegeus, we believe in the extraordinary power of partnership. Check out our latest resources and actionable insights. This is an important period of time used to transfer over balances and audit to ensure accuracy. BBB Business Profiles are subject to change at any time. 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. No funds movement or transfer to facilitate the transition. Universit Bourgogne Franche-Comt (UBFC) 601-800th. I only became aware that I have been having fees applied on my account in March 2023, when I needed tax information. No enrollment, funding/contribution, or reporting changes. 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. Custodians typically perform functions such as producing required tax reporting, providing required account disclosures or communications, and establishing customer identification processes. CapFinancial Partners, LLC (CAPTRUST) is an investment adviser registered under the Investment Advisers Act of 1940. Nothing about the day-to-day operation, employee account usage, or teams supporting the HSAs change. This conversion period is scheduled to occur October 31, While account holders will be getting a new account number associated with their HSA, they will be able to access their Wealthcare Saver HSA using their same debit card. Helping clients win in a rapidly changing marketplace with the industrys largest and most comprehensive consumer healthcare funding platform. '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 . Alegeus provides software and services to support the administration of health-related consumer-directed accounts, such as health savings accounts and flexible spending accounts. Yes, the new WealthCare Save HSA will be linked to their existing debit card for use once opened and funds have been deposited. 32, Avenue de l'Observatoire, BESANCON, 25000, France. As noted by the ECFC, this may also be an indication that plans will be more closely scrutinized during audits. The health savings account (HSA) market has become increasingly complex and competitive in recent years. WealthCare | Health Savings Accounts (HSA) for a healthy future The WealthCare Platform Accessible With WealthCare, access your latest account information at your fingertips. I called again and was told that the fees 'couldn't be reversed as they were legitimate.' Bonus fact: Any investment earnings you make with your HSA are tax free! 151-200th. 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. We are always on the lookout for passionate and talented professionals that are seeking an adventure, not just a job. Earlier in her career, she held senior sales roles at ADP and Progressive Benefits Solutions. Alegeus has led the consumer funding technology industry for more than 20 years, providing support to health plans and TPAs, and delivering a white-label HSA solution that will help you earn new revenue, achieve speed to market, manage operational costs and more. Previously, she was senior vice president at WageWorks, leading the organizations health plan partner channel business. WealthCare Saver, a dba of Alegeus Technologies, LLC, is a licensed Non-Bank Custodian of HSA cash accounts. 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. 101 Southhall Lane Suite 400Maitland, FL 32751, Copyright 2023 Alegeus Technologies, LLC. Alegeus is headquartered in Waltham, Mass., with operations centers in Orlando and Bangalore, and a large remote workforce. Online account access does not change. %%EOF 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. There are also no spending freezes associated with this transition. No, there will be no funds inaccessibility window to facilitate the custodial transition. Navia will take care of updating communications on our sites. 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. In 2016 the Franche-Comt rgion was joined with the neighbouring rgion of Burgundy to form the new administrative entity of Bourgogne-Franche-Comt. We use cookies to optimize site functionality and give you the best possible experience. With WealthCare, access your latest account information at your fingertips. 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. Franche-Comte | History, Culture, Geography, & Map | Britannica Our client partnerships extend beyond the technology, as we lean in with you to drive adoption and usage ensuring your programs success, now and into the future. The new capability greatly simplifies the complexity of open enrollment for participants and administrators. In addition, we are an HSA custodian and provide the WealthCare Saver solution directly to consumers. In this video, we explain why Alegeus is committed to amplifying our partners' voices, values and brands. Let us help Don't have an account? 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. They can also select investment options through the WealthCare Saver investment solution if their balance is greater than $1,000. We are excited to welcome Melanie to Alegeus. Alegeus WealthCare Administration System Welcome to Your CDH Account Administration Platform Please choose your login type below. Alegeus has the only HSA in the market with a new, modern investment experience. 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. 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. Bourgogne-Franche-Comt (French pronunciation: [bu f kte] (); lit. Overview. 1601 Trapelo Road | Main Building, Suite 301. 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. With the WealthCare investment platform, you only need an HSA cash account balance of $500 to start investing. 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. 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. 2021 Independence Blue Cross. CAPTRUST acts as investment advisor with respect to the investments available in your HSA. Our highly flexible, white-label platform powers a range of account-based programs, including those listed here. Our highly flexible, white-label platform powers a range of account-based programs, including those listed here. Thank you for using WealthCare Administration System. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Review any internal documents or links you may have that reference Avidia. Registered in all 50 U.S. states. App won't let me submit for reimbursement. As a matter of policy, BBB does not endorse any product, service or business. Copyright 2023 WealthCare. Settle in Bourgogne Franche Comt - Welcome to France Alegeus WealthCare Administration System 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. 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. We currently offer two products: Administrative APIs and Participant APIs. Health Savings Accounts (HSA) | Alegeus We never compete with our clients in the market we win when they win. 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 We are always on the lookout for passionate and talented professionals that are seeking an adventure, not just a job. 527 0 obj <> endobj All you need is an HSA cash account balance of $500. However, the memo serves as a reminder to FSA administrators about the importance of proper documentation for expenses claimed through FSAs. Developed by Alegeus, the WealthCare SMART App provides a single access point for members to manage their HSAs and other tax-favored benefit accounts. Following these rules helps ensure compliance and reduces the risk of audits and penalties. Will employees be able to use the same debit card? Learn More Smart With our SMART Account functionality, discover ways to stretch your healthcare dollars in real time. No, accountholders are not required to undergo a new CIP process if they are an existing HSA accountholder on the OCA platform. Employees will be able to see their accounts on their Navia employee portal on September 29th. WealthCare HSA Transition Site - Navia What is the blackout and why is it important? 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. Login | Alegeus Technologies Login We will maintain the confidentiality of your personal information in accordance with our privacy policy. This site requires javascript to display properly. When will a current employee see their new HSA online? 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. Alegeus is the industry's most innovative API solution for benefit administration. WealthCare Saver will become the authorized, nonbank trustee responsible for managing the funds in an HSA account on March13.