Frequently Asked Questions (FAQs)

Yes, it reduces the out-of-pocket expenses you pay for health-related costs.

It is the amount you pay before your insurance begins to pay.

It is the amount you pay each visit to a hospital, physician, or prescription.

It is the percentage you pay before procedures.

A designated time each year to enroll, update, or cancel your insurance.

Flexible Spending Account is a plan employers offer that allows you to use pre-tax money to pay for eligible expenses.

Health Savings Accounts are generally associated with high deductible health plans (HDHP)

• Private or Employer health insurance
• Public insurance such as Medicare and Medicaid
• Affordable Care Act (ACA)
• Community resources and clinics

Medicare is a federal health insurance program for people 65 and older or specific individuals with disabilities.

Medicaid is a joint federal and state program that provides health coverage to individuals with limited income and resources.