Health Savings Account and Flexible Spending Accounts

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Presentation transcript:

Health Savings Account and Flexible Spending Accounts

PayFlex Overview The administration of the Blue Health & Savings, Green Health & Savings, FSA and Limited Purpose FSA is administered by PayFlex. Members enrolled in either Health & Savings plan or FSA will see PayFlex noted on various materials including the debit card. The Aetna Green Health & Savings Plan and the Anthem Blue Health & Savings Plan will both have the HSA administered through PayFlex. MasterCard Debit Cards will be provided upon enrollment for HSA and FSA members.

PayFlex Benefits Enhanced Member Portal Health Savings Account (HSA) Customizable account alerts available via web or email New HSA Payment Options ($1.50 fee for paying providers online waived) Online FSA Claim Submission and Debit Card Transaction Free Mobile Smartphone App Health Savings Account (HSA) New Investment Options will be available Debit cards only (No checkbook or ATM withdrawals) Flexible Spending Account (FSA) Robust self- service portal that allows for account access, payment specifications, online claim submission, and debit card transaction view. Customizable account alerts – web & email Limited Purpose FSA submissions will remain a manual process. However, these can be submitted online, by fax or direct through your mobile phone app.

PayFlex Contact & Resources Access Members can access the secure member portal via: www.payflexdirect.com. Call Member Services at PayFlex: 1-888-879-9925 Plan Enrollment Make annual elections for FSA, Dependent Care FSA, Limited Purpose FSA and Health Savings Account (HSA) using the Bayer Benefit Center login https://bayer.benefitcenter.com Call Bayer Benefit Center at 1-800-806-4693 Member Resource Tools Payflex FSA Webinar - http://www.brainshark.com/cfs/BayerFSA Payflex HSA Webinar - http://www.brainshark.com/cfs/BayerHSA Understanding Your HSA (Available on My Benefit Essentials Home Page)

PayFlex Direct Website Examples Registration page on PayFlexDirect.com

My Dashboard

HSA Summary

Benefits Center

My Resources

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