Document Date
Meeting Description
Document Type
Meeting Date
Page Number
50
Why does H.S.A. save $
HMO (Health Maintenance Organization)
HMO members are unaware of their claims cost. $20 copay for most services.
H.S.A. (Consumer Driven High Deductible Health Plan with Health Savings
Account)
Patients receive EOBs. Awareness of claims cost fosters natural interest in
consumer involvement.
H.S.A. is a tax-free savings plan
The balance carries over from one year to the next. It is portable at retirement
or resignation. In addition to health claims, tax free funds may be uses to pay
other qualified medical expenses such as dentistry, orthodontics, and
prescription eyewear.
Page Image
