Yes, you have heard by now that HSA type plans have two parts. The insurance part and the savings part.
This video you are about to view explains, in detail, the health savings account portion part of the two part plan.
You will learn about how to:
- Open the account
How to fund it
What it can be used for
How much can you contribute
When you can contribute
It would behoove you to learn about this type of insurance. It is less expensive to own. It offers equal or better coverage. You carry less risk and the insurance company carries more risk. You have a savings account where you can pay for your health care expenses with pre-tax dollars.
If you compare an HSA type plan to a traditional copay plan, you will see that for the same out-of-pocket risk, the HSA type plan is about 60% less expensive.
This first video explains the savings part in detail.
This second video explains the insurance part in detail.
Get more details on Blue Cross and Blue Shield of North Carolina® Plans
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