Health Savings Accounts (HSA)

  • A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan. The funds contributed to an account are not subject to federal income tax at the time of deposit.

Christian Sharing Plans

  • Christian Sharing Programs offer an alternative and an exemption to the Affordable Care Act Penalties. These Programs operate similarly to traditional Health Insurance Programs, EXCEPT they are not Health Insurance but a Healthcare Sharing Community. Plans such as Medi-Share have one of the largest PPO networks in the country and unlike traditional Health Insurance, you can enroll at any time of the year.

Health Maintenance Organization (HMO)

  • A type of health insurance plan that usually limits coverage to care from doctors who are contracted within that HMO. Premiums are paid monthly and a co-pay is due at each office visit. Out-of- network providers May not be covered. However, HMO’s are now more flexible. Many do not require referrals and they have very large networks.

Preferred Provider Organization (PPO)

  • Similar to HMOs in that Health Care Providers enter into an agreement with an insurance company to offer discounted fees for covered health care services. Your copay and deductibles will also be lower if you stay in-network. With a PPO, you do NOT have to choose a primary care physician. You may choose doctors or health care providers who are out of your network, but the cost may be greater.

Point of Service Plan (POS)

  • Combines elements from both HMO and PPO plans. Similar to a PPO plan, you can seek treatment from an out-of-network provider but with greater out-of-pocket costs. However, like an HMO plan, you may be required to designate a primary care physician who will then make referrals to network specialists when needed, as you would in an HMO.

Temporary Insurance or Short-Term Health Insurance

  • Short-Term Health Insurance Plans are exclusively designed to provide temporary healthcare insurance during unexpected coverage gaps. For example, if you are in-between jobs, waiting on benefits from your current employer, are a recent graduate on the hunt for a job, or a seasonal employee, then you would need temporary or short term insurance until you were able to apply for insurance under the Affordable Care Act. Short-Term Plans do not meet the minimum necessary coverage requirements under the Affordable Care Act, also known as Obamacare, and may result in a tax penalty.

International Travel Insurance

  • International Travel Insurance Plans are a great way to ensure that if your trip gets interrupted, you are covered! Plans can include valuable medical expense coverage, trip interruption, emergency travel services and more.