Healthcare Savings Account – HSA- HDHP through Employee Benefits Corporation (EBC).
We want to inform you of an upcoming change to the administrator for our Health Savings Accounts (HSA).
Effective April 1, 2026, our FSA and HSA programs will transition to Employee Benefits Corporation (EBC). EBC will manage your accounts. Moving forward, including issuing benefits debit cards, processing claims, maintaining account records, and providing participant support.
What to Expect Before April 1
- Current FSA and HSA participants will receive a welcome communication from EBC with instructions on how to access your account.
- A new Benefits Card will be mailed to you in mid-April.
- Your current FSA debit card will stop working as of March 31, 2026 and can be safely destroyed once your new card is received.
- Your current FSA administrator will no longer accept claims for 2026 expenses after March 31, 2026.
- Claims submitted prior to the transition date will continue to be processed by the current administrator.
- Claims will not transfer between administrators. Any remaining eligible claims will need to be submitted to EBC after the transition.
Beginning April 1
- EBC will officially begin administering your FSA and HSA accounts.
- Please begin using your new Benefits Card once it is received.
- A temporary “blackout period” for FSA accounts will occur from April 1 through April 15, 2026.
- If you incur eligible expenses during this blackout period or before receiving your new card, you may submit claims for reimbursement via the EBC mobile app, online portal, or by mail once your account is active.
- After the blackout period, submit any outstanding eligible claims for the current plan year directly to EBC.
- You will have the option to set up direct deposit for faster reimbursement to your bank account.
Additional details and instructions will be provided in your welcome communication from EBC. If you have any questions, please contact us at [email protected].
Plan Features
Everything You’ll Need to Know
Everglades College Inc. dba Keiser University & Everglades University, is contributing $240 annually for an individual or $480 annually for family, the annual amounts are prorated ($10 per pay period for an individual / $20 per pay period for family). According to treasury regulations, you are allowed to revoke or change your HSA contribution election throughout the year. Any unused funds in your HSA will roll over annually. Additionally, your account is portable, which allows you to take your funds with you from job to job or at retirement.
Important! The IRS allows an annual maximum contribution to your HSA. Below are the annual maximum contributions for 2026.
To be eligible to contribute into an HSA account, you cannot:
• Be covered by any other non-HSA-compatible health coverage plan, including, but not limited to, a Traditional Medical FSA or an HRA held by a spouse or partner.
• Be claimed as a dependent on another person’s tax return (excluding spouses).
• Be “entitled” (enrolled in) to Medicare (A, B, C, or D).
– Be aware – if you delay Medicare Part A enrollment after turning age 65, your Medicare Part A coverage will begin up to 6 months retroactively but not earlier than Medicare eligibility.
– Receiving Social Security benefits causes automatic Medicare Part A enrollment when eligible.
• Have prior year FSA dollars carryover / rollover into a current year general purpose FSA.
• Have a positive general purpose FSA grace period balance.
NOTE: You must be enrolled in an HDHP to continue to contribute to your HSA-Employee Benefits Corporation (EBC). Please consult your tax professional for any personal tax advice.
2026 New Limits:
Single $4,400
Family $8,750
Catch Up provision if age 55 or Older $1,000
Plan Documents
HSA Guide Implementation
Carrier: Employee Benefits Corporation (EBC)
Websites
Contacts
Employee Benefits Corporation (EBC) for your Health Savings Account (HSA)
(800) 346-2126