• Facebook
  • LinkedIn
  • Mail
  • Twitter
  • Youtube
1-800-248-7675    •    Careers    •
Cornerstone Broker Insurance Services Agency
  • Who We Are
    • What is a General Agency?
    • Our Value
    • Community Involvement
  • What We Offer
    • Individual
    • Employee Benefits
    • Autopilot
    • Licensing and Commissions
    • Succession Planning
    • Cash Incentive Program
    • Refer-An-Agent Program
  • Resource Center
    • Document Search
    • Technology
    • Webinar Series
    • Client Referral Form
  • Events
  • Recent News
    • Employee Benefits
    • Individual
  • Contact Us
    • Meet the Team
  • Search
  • Menu

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.
  • Current Anthem members who left their HSA-compatible health plan.
  • Anthem members who have left their employer.

No action is needed
There will be no change to debit cards, mobile apps, online portals, or account history. How your Group clients enroll, fund, and manage employees’ HSA programs will also stay the same. The only change account holders are likely to notice is that HSA communications will come from WealthCare Saver instead of PNC Bank after March 13.

Employees who have left their employer and active employees who left their HSA plan are being moved to a new administrative experience.
When an employee with an HSA leaves their employer, or an active employee leaves their HSA-compatible health plan, their HSA is no longer administered by Anthem. It is considered a stand-alone account. These account holders began transitioning to a new administrator, WealthCare, on July 1, 2020. The administrative and custodial transition will be complete for all stand-alone account holders by March 13, 2021.

Transition notifications will be sent to employers and employees
WealthCare Saver will send a letter to employees about the custodial change, as well as their new WealthCare Saver account holder agreement, 30 days prior to the transition.

Contact your Cornerstone representative for more information.

Print Friendly, PDF & Email
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Share by Mail
https://www.crnstone.com/wp-content/uploads/2021/01/WealthCare-is-Anthem-New-HSA-Custodian.jpg 480 640 Cornerstone /wp-content/uploads/2019/11/Cornerstone_Logo.png Cornerstone2021-01-08 18:46:582021-01-08 20:22:30WealthCare Saver is Anthem's New HSA Custodian

Recent Posts

  • ODI Agent Licensure Renewal Information
  • CMS Provides Additional Support for Complex Consumer Cases
  • Have You Registered for UnitedHealthcare’s First Quarter Incentive?
  • Kentucky ChamberAdvantage Joins MEWA.io
  • SURPRISE! The First Build Your Brand Webinar of 2021!

Categories

  • Aetna
  • Aetna Funding Advantage
  • All Savers
  • Ambetter
  • Ameritas
  • Anthem
  • Autopilot
  • Bonus Programs
  • Carrier
  • Companion Life
  • Compliance
  • Continuing Education
  • Cornerstone Updates
  • Delta Dental
  • Employee Benefits
  • FormFire
  • Golden Rule
  • Humana
  • Individual
  • Legislation
  • Licensing
  • Marketplace
  • Medical Mutual
  • Molina
  • Ohio Department of Insurance
  • On the Spot
  • OneAmerica
  • Oscar
  • Principal
  • Social Security Spotlight
  • The Dental Care Plus Group
  • The Standard
  • UnitedHealthcare
  • UnitedHealthOne
  • Webinars
  • Whitepapers

CONTACT US

1-800-248-7675
8:30 am to 5:00 pm EST
Monday–Friday

UPDATES

Events
Recent News

WHO WE ARE

Join Our Team
Cornerstone Cares

RESOURCE CENTER

Document Search
Technology
Webinars

WHAT WE OFFER

Individual
Employee Benefits
Autopilot
Licensing and Commissions
Succession Planning

CONNECT WITH US

Twitter YouTube LinkedIn Facebook

Print Friendly, PDF & Email
©2020 CORNERSTONE BROKER INSURANCE SERVICES AGENCY, INC. ALL RIGHTS RESERVED | COMPENSATION DISCLOSURE | PRIVACY POLICY
CINCINNATI WEB DESIGN COMPANY WEBTEC
Anthem Releases Multiple Updates Regarding COVID-19 Anthem Health Insurance Releases Multiple Updates Regarding the COVID-19 Pandemic and Vaccines What are the Transparency in Coverage Regulations as they relate to the Affordable Care Act, or Obamacare? What are the “Transparency in Coverage Regulations”?
Scroll to top