Medically

It is a company’s objective to expand the eligible medical coverage beyond the typical contractual definition of eligible medical expense. A company wants its employees to have open access to specialty providers and to have a means to cover services such as lasic eye surgery, reimbursement of prescription drug co-pays, provide a financial supplement to the current dental plan or who need to purchase eye glasses or contact lenses. These services can be covered by your savings account.

Financially

Over an employees working career, tens of thousands, even hundreds of thousands of dollars are spent either directly by the employee, or indirectly on their behalf by their employer for health insurance premiums. By the time the employee is ready to retire, the current system leaves the employee with no money to show for this effort to take with them into retirement.

Example: Typical HMO average premium/month
Single Employee: $150/month premium X 12 months X 40 working years =		$72,000
Dependents: $350/month premium X 12 months X 30 working years =	+	$126,000
		$198,000

It is our intent to offer a medical plan that empowers employees to not only expand their access to health care, but to also expand their financial savings as well. The financial instrument that allows the employee to both expand their access to medical care as well as accumulate dollars for future medical care or retirement is the Health Savings Account (HSA) or Convertible Health Plan^SM (CHP) insurance plan. The magic of the HSA/CHP is if dollars are needed for medical care, the dollars are there in the savings account. If dollars are not needed for medical care, the employee gets to keep the unspent dollars.

HSA/CHP plans enable you and others to maximize the quality of care without the referral frustrations and added costs indicative of other insurance plans. The HSA/CHP are innovative options for managing your medical care and financial resources.