This web site is where you will find information you need to learn about your benefit options for 2021. We want to make this process as convenient for you as possible. So, when in doubt about where to find benefit information, start here! We encourage you to explore the site and browse around!
Transition of Health Savings Accounts (HSAs)
Update March 2023:
Health Savings Account (HSA) transferred funds available March 13
Employees who signed up for the HSA Advantage medical plan for 2023, had a balance in their 2022 WEX HSA and who elected to have their remaining funds with WEX included in the bulk transfer of assets to Fidelity will be able to access all funds via their 2023 HSA beginning March 13. The transfer of funds from WEX to Fidelity, the health system’s new administrator of pretax accounts, will be complete as of that date.
Affected employees are encouraged to log into their Fidelity HSA account to review available funds:
If you have questions, please contact Fidelity at 800-343-0860.
Original January 2023:
Transition of Health Savings Accounts (HSAs)
Beginning in 2023, Fidelity will administer Health Savings Accounts (HSAs) for the health system. The accounts were previously held by WEX, formerly known as Discovery Benefits. The health system made the change January 1 to simplify things for employees – Fidelity also manages employee retirement plans, meaning there is now just one login for HSA, FSA and retirement plan accounts.
The change means existing HSA funds will be transferred from WEX to Fidelity. That transition is scheduled to start in early February and take about 30 days. During that time, employees will not be able to access HSA funds currently held by WEX.
Who this affects: Employees who signed up for the HSA Advantage medical plan for 2023 and who had an HSA through the health system at WEX in 2022.
What you need to do: That depends on two things:
a choice you made when you signed up for benefits during the October enrollment period about the transfer, and
If you have an HSA brokerage account with WEX/Charles Schwab:
If you have a health savings brokerage account (HSBA) at WEX (administered by Charles Schwab), your account cannot be moved automatically unless you take the following action AND complete it before the automatic transfer begins in early February.
You must transfer your HSBA to cash. Investment funds cannot be transferred to Fidelity.
To make that conversion, contact your Charles Schwab HSBA advisor or the Charles Schwab help line: 800-472-0084.
You may reinvest your HSA funds when the transfer to Fidelity is complete.
If you don’t complete these steps before the automatic transfer, your HSBA will remain with WEX.
If this happens, please see the steps below under Option 2 to close your WEX account and transfer the funds to Fidelity or another financial institution.
Not sure if you have an HSBA with WEX?
Check by logging into your WEX account and look under Investment Summary on the Accounts tab. If you see an image like the one below, you have an HSBA.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Our formula for success starts with you. You provide direct care for patients, providing the highest quality of care and service. You are responding to a phone call or email, making sure patients can see our providers, understand their bills, and access their medical records. You work behind the scenes, operating our systems and processes, supporting those caring for patients. You have always demonstrated a remarkable commitment to our patients and their families, but your care and service during the pandemic has been unparalleled. We are grateful for everything you do.
We design these benefits with thoughtful intent to help you take care of yourself and your family. We work to provide competitive, cost-effective benefits to support your physical and mental health, while keeping your share of the cost affordable.
Please invest in yourself by taking time to research your benefits options. You will find planning tools, informational resources, and access to help from our benefits team in one convenient portal, Benefits Connection, at kansashealthsystembenefits.com.
Thank you for all you do to support our patients, our community and each other.
Julie Celano, MS, MEd
Senior Vice President
Chief Human Resources Officer
Tammy Peterman, MS, RN, FAAN
President, Kansas City Division
Executive Vice President, Chief Operating Officer and Chief Nursing Officer