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March 2024

HealthEquity to begin paying providers electronically, starting March 1

We’re working with HealthEquity®, to make it easier for you to receive your payments faster. Starting March 1, HealthEquity, will begin paying our health care providers using VPay, an electronic payment remittance system.

As a reminder, HealthEquity is an administrator of health savings accounts, or HSAs, flexible spending accounts, or FSAs, and health reimbursement arrangements, or HRAs, for Blue Cross Blue Shield of Michigan and Blue Care Network commercial members.

If you have patients with HealthEquity accounts through other health plans, you’re likely already familiar with the VPay system. If this is true, there’s nothing for you to do – your electronic payments will begin on March 1.

Note: If you’ve previously communicated with HealthEquity that you prefer to be reimbursed with paper checks, you will not begin receiving electronic payments.

Questions? Please call the VPay Support Center at 1-866-919-0537. For more information about the VPay system, go to healthequity.com**.

 

HealthEquity, Inc. is an independent company supporting Blue Cross Blue Shield of Michigan and Blue Care Network by providing health care spending account administration services. An independent, FDIC-insured bank holds the health savings account dollars.

**Blue Cross Blue Shield of Michigan and Blue Care Network don't own or control this website.

No portion of this publication may be copied without the express written permission of Blue Cross Blue Shield of Michigan, except that BCBSM participating health care providers may make copies for their personal use. In no event may any portion of this publication be copied or reprinted and used for commercial purposes by any party other than BCBSM.

*CPT codes, descriptions and two-digit numeric modifiers only are copyright 2023 American Medical Association. All rights reserved.