Third party administrator for your consumer-driven health plans (FSA, HSA) and COBRA offerings. Client Assistance Center (800) 357-6246 | (414) 978-5294 24 hours a day, 7 days a week We simplify benefits for everyone by delivering the broadest range of healthcare solutions (including HSA, FSA, HRA, Commuter, LSA, COBRA and more) built on modern, flexible, and reliable technology and supported by our accountable and … They request information and then when you send it, they tell you have to send it through a portal. Discovery Benefits will also administer the university's new health savings account and limited purpose flexible spending account. • A Health Savings Account enables members enrolled in the High Deductible Health Plan to pay for covered medical, prescription, dental, and vision expenses with pre-tax dollars. Guide to the Discovery Benefits Mobile Application, continued To agree to the disclaimer and submit your request, tap “Agree & Submit.” A confirmation will appear once your transaction has been successfully submitted. Low fees are an important consideration until you have built up some money in your account. Over 90% of our clients come to us seeking a better benefits experience for them and their employees. Medical Flexible Spending Account – A Flexible Spending Account (FSA) is a special account you put money into that you use to pay for certain out-of-pocket health care costs.You don’t have to pay taxes on this money. Discovery Benefits, Inc.'s HSA Website: Address: 4321 20th Ave SW Fargo, ND 58103: Customer Service. About. Why Enroll in a Health Savings Account. Tax-free FSA or HSA spending does not extend to your pets. The overall rating of the company is 1.2 and consumers are mostly dissatisfied.. Health Savings Account Overview. We're here to help. For assistance logging into your account, please call Discovery Benefits at 866.451.3399. Discovery Benefits Overview. Health savings accounts are becoming a more common feature of benefit packages. According to 2018 research from the Employee Benefits Research Institute, the average person who saves in an HSA started last year with $2,764. © WEX Health Inc. 2004-2021. • A Health Savings Account enables members enrolled in the High Deductible Health Plan to pay for covered medical, prescription, dental, and vision expenses with pre-tax dollars. 501 reviews of Discovery Benefits "I dealt with Discovery Benefits on the employer side. Discovery Benefits, now WEX Health Inc., a WEX Company is one of Maxwell Health’s chosen providers for HSA/FSA/HRA accounts for employers. Complete HSA Website Guide Managing Your HSA Investment Account Pre-Tax Benefits Eligible Expenses. More than a health benefit. Discovery Benefits HSA! If you are only interested in a savings account option, one of the HSA administrators that has low fees is First American Bank. Emotional support or service animals can qualify . If your funds are returned to Discovery Benefits, your current HSA account will be re-opened with Discovery Benefits and the funds will be re-contributed into the account. 866-451-3399 Complete this form if you are intending to transfer funds to a Discovery Benefits HSA. Have Questions? Discovery Benefits is a national leader in FSA, HSA, HRA, Commuter Benefits, and COBRA administration, simplifying the employee benefits process for our clients with cutting-edge technology and trained experts dedicated to providing superior customer service. Discovery Benefits will replace WageWorks as the administrator for Johns Hopkins' health care and dependent care flexible spending accounts and commuter benefits, effective Jan. 1, 2020. To learn more about Discovery Benefits and the company’s HSA offering, visit www.DiscoveryBenefits.com. Health Savings Account (HSA) More people are signing up for health savings accounts (HSA) than ever before due to the continued high deductible health plans. Manage Your HSA. Your HSA at your fingertips with the Individual HSA app from Discovery Benefits They are the worse company to deal with ever. You can view your current and future benefit information on the web at Marquette Benefits Enrollment . Wondering if now's the right time to start a health savings account (HSA)? Mailing Address: Discovery Benefits 4321 20th Avenue S Fargo, ND 58103: Phone Number: 877-765-8810: Email Address [email protected] Back to the top. Health Details: Details: Health Savings Accounts (HSA) Discovery Benefits is the Health Savings Account (HSA) vendor. Flexible Spending Account Overview. Website Link. Discovery Benefits review rated 1.0/5.0: DON'T GET FSA/HSA ANY KIND OF SA IF YOU HAVE TO DEAL WITH DISCOVERY BENEFITS I was … Discovery Benefits. 1 About Tax Benefits: You can receive tax-free distributions from your HSA to pay or be reimbursed for qualified medical expenses you incur after you establish the HSA. Recent recommendations regarding this business are as follows: "DON'T GET FSA/HSA … All rights reserved. You may want to consider HSA Resources if you are looking to set up Health Savings Accounts for an employer group. Powered by WEX Health Our integration with Discovery Benefits automatically sends all of the required demographic, enrollment, and contribution information from Maxwell Health to Discovery Benefits, for any of the following … Discovery Benefits also provides COBRA and Direct Bill administrative services. Resources. However, if you have an emotional support or service animal, then, per the IRS, you can use those funds to pay for expenses that help the animal do its job: “...the costs of buying, training, and maintaining a guide dog or other service animal to assist a visually … See something that needs to be updated? read and agree to the HSA Distribution Disclaimer. Reach our Call Center Representatives weekdays from 7AM - 6PM CT or send us an email anytime. Close Account Upon the closing of the account, contributions can no longer be made. Discovery Benefits was first mentioned on PissedConsumer on Oct 28, 2013 and since then this brand received 152 reviews.. New Discovery Benefits/WEX debit cards (with new WEX/MU brand) will only be issued for those newly electing FSA/HSA, or for expiring, reported lost or additional card requests. You can reach the HSA platform from the Mercer Benefits Page or directly at Discovery Benefits. If you receive distributions for other reasons, the amount you withdraw will be subject to income tax and may be subject to an additional 20% tax. The Discovery Benefits website (www.discoverybenefits.com) provides members with information about account activity and resources to maximize their tax-savings benefits. Submit the completed form to the HSA Trustee/ Custodian/Administrator that currently holds your HSA … ‎Download apps by Discovery Benefits, Inc., including COBRA by Discovery Benefits, Benefits By Discovery Benefits, and Individual HSA by DBI. Health Details: Details: Health Savings Accounts (HSA) Discovery Benefits is the Health Savings Account (HSA) vendor. Click the appropriate role below to login to your HSA, HRA or FSA account. If you are looking to enroll in an HSA that is not connected to your employer, then you are in the right place! Discovery Benefits Health Savings Account. Services include Health Savings Account, Flexible Spending Account, and Health Reimbursement Arrangement administration. Simplifying benefits for everyone. HSA Transfer Request Form. For those making $60,000 or less, JHU will make a contribution to your HSA to help offset your higher deductible. Discovery Benefits — Unauthorized disbursement of my hsa money S SGCampbell Feb 09, 2021 Discovery Benefits [#1053630] 12/17/20 Discovery Benefits sent money from my HSA account via check to PNC Bank of which I have no account. When you try to use their horrible designed by god knows what kind of Programmers portal, the info cannot … Contact us at: 1-866-451-3399. Resources . Terms you need to know. Discovery Benefits has seen a 79.1% growth in HSA assets in the past year, while the average HSA asset growth of the other top 12 administrators during that … Discovery Benefits Health Savings Account. More than a savings account. If you choose the High Deductible Health Plan, you are eligible to participate in the Health Savings Account (HSA) through Discovery Benefits. HSA Bank a National Leader in Health Savings Accounts. Get Started Contact Us - Call Participant Services at (877) 765-8815 or Email us at individualhsa@discoverybenefits.com The HSA is a triple tax-advantaged account to help fund your out-of-pocket health care costs. 2 years ago. Discovery Benefits is a national leader in employee benefits administration founded in 1987. Their customer service is horrible. Your Individual HSA with Discovery Benefits. Alerus Health Benefits. Discovery Benefits ranks 313 of 1037 in Insurance category.