The VEBA Board of Trustees has engaged APA Benefits( also referred to as The Trust Fund) as the third-party claims administrator for our VEBA plan. Through this partnership, APA Benefits manages the administration of all VEBA-related claims.
Both current and former employees with VEBA funds may access their individual VEBA account balances and transaction history by logging into their account through the APA Benefits online portal.
Q: When can employees use funds from their VEBA account?
VEBA funds become available immediately upon an employee’ s separation from employment with UFA, whether through retirement, resignation, disability, separation, or termination. Additionally, there is no maximum limit on the dollar amount that may be requested for a one-time reimbursement of qualifying expenses from an employee’ s VEBA account.
Q: How can separated employees use funds from their VEBA?
Upon separation from UFA, employees may submit qualifying medical expenses to APA Benefits for processing and reimbursement from their VEBA account balance. Additionally, employees will have a 720-day run out period after the end of each period of coverage to submit claims for the prior plan year.
Reimbursement requests can be submitted in the following ways:
• Manually
• By filing an online claim through the APA Benefits Portal
• By using the APA Benefits card for eligible expenses – IRS Code Section 213( d), Eligible Medical Expenses
• Downloading the app by searching“ APA Benefits, Inc.”
Once the employee submits an online claim and it is processed, reimbursement will be issued either by check( mailed directly to the employee) or through direct deposit. To receive direct deposit, employees must provide the required banking information and supporting documents through the APA Benefits Portal.
Q: How can employees log in to their VEBA account for the first time?
For first-time users, go to the APA Benefits Portal. Select the“ New User” option on the login screen. The employee will be asked to answer a series of security questions to verify their identity. Once they have successfully answered the questions, they will be granted access to create a unique username and password.
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