Get The Most From Your Benefit Plan
Nova Healthcare Administrators offers a variety of benefits to help employers offer employees a well-rounded benefit plan. Your employer may offer one or more of these benefits for your plan. Our job is to help you understand how to use your benefits. Reimbursement accounts include a broad spectrum of benefits including:
- Medical FSA
- Dependent Care FSA
- Parking/Commuting FSA
- Limited Purpose FSA
- Adoption Assistance
- Health Reimbursement Arrangement (HRA)
- Health Savings Account (HSA)
- Lifestyle Benefits
- Wellness Benefits
Benefit Plan Resources
Reimbursement Account Information Center
Nova’s secure online benefit portal provides access to information including account balances and activity, statements, claim submission records, plan documents and forms.
Once you establish your account online you can download the NovaFlex App for iOS and Android devices to access account information on the go. With the app you can submit claims and snap a photo of a receipt to eliminate paperwork, report a debit card lost or stolen, and try out the Eligible Expense Scanner to determine qualified medical expenses before you buy!
Nova Innovations Visa®
Your plan may include Nova’s Innovations Visa® to simplify the process of accessing the funds in your reimbursement accounts. Your card can be used at qualifying merchant locations that accept Visa. Each enrolled employee receives two cards. The card may be used only for qualified expenses, as determined by your plan or as regulated by the IRS depending on your plan.
In the event you pay out of pocket, you can always file a claim for reimbursement. Access printable forms now. Not a fan of paper? You can file a claim electronically through Nova's secure Reimbursement Account Information Center.
- Nova Innovations Visa
- FSA
- HRA
- HSA
- Lifestyle Benefits
Overview
Nova’s Innovations Visa makes it easier to access funds in an FSA, HRA, HSA or Lifestyle Benefit account. An alternative to filing paper claims, just swipe anywhere a Visa card is accepted. You can use the card to pay for eligible expenses. The definition of “eligible expenses” varies depending on the plan you have.
How long do I keep the card?
The card is renewable each year, for up to three years, when you re-enroll in your current plan. Even if you use all of the funds on your card, keep it as it can be reloaded in the next plan year when you renew your benefits.
Where can I find my account balance?
You can access your account information any time by logging into Nova’s secure web portal. Once you create your online account, you can access it on your phone or tablet by downloading the NovaFlex App for iOS or Android devices. Use these online tools to conveniently manage your reimbursement accounts 24/7.
My card was denied/my provider does not accept Visa
Your transaction may be denied because:
- Your balance is below your purchase amount
- The provider/merchant’s machine is not coded correctly to accept the type of Visa card you have
- The provider/merchant does not accept Visa cards
In any of these events, you can pay out of pocket and submit a claim for reimbursement, along with an EOB, invoice or itemized receipt. Visit our Reimbursement Account Information Center and log in to submit a claim online or access our claim forms online.
What is it?
A Flexible Spending Account (FSA) is a general term for a variety of benefits that can include reimbursement for medical, dependent care, parking and transportation, adoption or other expenses as determined by a health benefit plan. All FSAs are regulated by the IRS. Nova administers plans in accordance with IRS regulations, including requests for documentation to confirm qualified expenses.
Who is eligible?
Any employee offered an FSA plan through their employer.
Who funds the account?
Typically, FSA plans are funded by employee contributions though employers are able to contribute funds.
Contribution limits
Your employer will set the limits for your plan though the IRS caps contributions and those dollar limits are reviewed and updated annually. Contribution limits vary depending on the type of FSA you have. In 2024, the IRS limits are:
- $3,200 - Medical FSA or limited purpose FSA
- $5,000 - Dependent Care FSA for single taxpayers and married couples filing jointly
- $2,500 – Dependent Care FSA for married couples filing separately
- $16,810 – Adoption Assistance
- $315 – Transit passes
- $315 – Qualified parking
FSA plans may have rollover, runout or grace periods. It is important to understand how these terms apply to your plan, so you are sure to get the most out of your FSA benefit.
Have Questions?
Access some frequently asked questions around FSA plans.
What is it?
A Health Reimbursement Arrangement (HRA) is an employer-funded benefit that can be used to reimburse medical expenses for you and your dependents as outlined by your employer. Unused HRA funds are returned to your employer at the end of the plan year or if you change employers.
Who is eligible?
Any employee offered an HRA plan through their employer.
Who funds the account?
HRAs are fully owned and funded by the employer. Employees cannot contribute additional funds to the account.
Contribution limits
Your employer determines the amount that will be contributed to your HRA.
What is it?
A Health Savings Account (HSA) allows you to set aside funds, pre-tax, to pay for qualified medical expenses for an employee and the dependents enrolled in their medical plan. Unlike other benefits, you can keep your HSA if you change employers or retire.
Who is eligible?
Any employee enrolled in a Qualified High Deductible Health Plan (HDHP).
Who funds the account?
An HSA is fully-owned by the employee although employers can contribute funds to the account. HSA funds do not expire.
Contribution limits
In 2024, the individual contribution limit is $4,150 and the family contribution limit is $8,300. In 2025, contribution limits have increased to $4,300 single and $8,550 family.
What is it?
Beyond your typical medical, dental and vision benefits, many employers offer employees wellness incentives to help support a healthy lifestyle – physically and mentally. At Nova, that includes the Nova Innovations Visa to cover expenses at gyms, recreation centers, and bicycle shops. Depending on your plan, you may also use your card at bookstores, hobby shops, wholesale clubs, florists, dry cleaners and more. Extra funds make life just a little bit less expensive! Confirm what your plan includes by contacting your HR/benefits department or call Nova at 1-877-268-3799.
Who is eligible?
Enrolled employees will receive two debit cards for use at qualifying merchants that accept Visa cards.
Who funds the account?
The employer funds your Visa card in accordance with your plan benefits.
Contribution limits
Lifestyle benefits are fully funded by your employer and dollar amounts vary by employer.
Where can I use my Nova Innovations Visa?
Nova's network of vendor categories gives you the flexibility to choose a specific merchant near you. In Western New York, your plan may leverage Independent Health's network of Health Extras vendors. Places of service may vary by plan. To confirm your plan's benefit please contact Nova's customer service team by calling 1-877-268-3799.