HSA Blue

The introduction of Health Savings Accounts (HSAs) has opened the door to a new breed of health care coverage. Paired with a high deductible health plan, an HSA works with you to manage your current and future health care needs. You can participate more actively in your health care spending decisions because the money in the account belongs to you.

HSA Blue is a Preferred Provider Organization (PPO) plan that meets the federal requirements for an HSA-compatible plan.

Financial Benefits
The beauty of an HSA is that contributions roll over each year and are portable if you should change jobs. Funds in an HSA can be used to help pay your deductible and out-of-pocket medical expenses. Any money left over will remain in your HSA account and grow tax-deferred. Withdrawals from your HSA for covered medical expenses will never be taxed, and contributions you make to your HSA, up to a specified limit (currently the lesser of the deductible or $2,850 a year for individuals and $5,450 a year for families for 2007), are tax-deductible at both the federal and state levels.

Flexible Coverage
The choice of health care providers is yours. HSA Blue has both in-network and out-of-network benefits. To get the most in benefit payments, you should choose providers from our PPO contracting network. Our extensive provider network will ensure that you receive quality health care at affordable rates.

HSA Blue will give you the protection you need to safeguard the health of your family by providing benefits for most inpatient and outpatient medical, surgical and preventive services, including office visits, hospital services, chiropractic care, therapy services, and prescription drugs.

Plan Options for Large Groups (51+ Employees)

*The Out-of-Pocket Limit includes deductible and copayments for all options. It also includes coinsurance for plans with 90/70% or 80/60% coinsurance.

Prescription Drug Benefits
For plans with a $2,000 or $3,000 deductible, there are two options. We will pay either 60% or 80% of the maximum allowance for covered prescription drugs after you have met your deductible. With a $5,000 deductible, we pay 100% of the maximum allowance for covered prescription drugs after you have met your deductible.

When you go to your pharmacy, you will have to pay the entire cost of the drug. To be reimbursed, fill out a  claim form and return it by mail.

HSA Administrators
An HSA administrator can help you set up and manage a health savings account that will provide the greatest financial benefit to you. Please note that Blue Cross of Idaho is not an HSA administrator. Rather, we have created HSA Blue to meet the requirements of a federally qualified high deductible health plan. If you need help finding an administrator, call your local Blue Cross of Idaho district office or talk to your broker.

Summary of Benefits  (105KB)