Alliant Health Insurance

What is an HSA compatible health plan?

Health Savings Account (HSA) compatible health plans are high-deductible PPO health plans (HDHP) designed to be set up in conjunction with a Health Saving Account (HSA) should the insured desire to do so. There are several advantages to HSA compatible plans:

Monthly premiums are typically lower for HSA compatible health plans than for traditional PPO plans or HMOs.

Health Savings Accounts are not required to be set up with an HSA compatible health plan however when paired, they offer members: the ability to save more with tax advantages, an asset that can build over several years and unused funds roll over each year, funds accumulated in an HSA account can be used for a host of eligible medical services or to supplement retirement.

HSA plans put consumers in better control of how they spend their health care dollars.