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| LIA Health Alliance |
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- The Alliance is a Consumer Driven Platform by design.
- Small Business can Offer Consumer Driven Health Plans (CDHP’s) alongside Traditional Plans with one bill & one set of underwriting procedures.
- CDHP’s will grow Quickly in the Alliance because Employees who have selected HSA/HRA’s will plant seeds in the minds of other Employee
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| 2006 HSA Account Funding |
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- Can Be Up to $2700/$5450 a year or the deductible amount, whichever is lower.
- Can Be Funded By the Employer or Employee or by a Combination
- Funding Limits will increase
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| How HSA’s Works |
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- Each enrollee receives a medical ID Card
- The Provider submits claim to the insurer
- The Claim is processed and re-priced in accordance with network fees
- The member is sent an EOB that states the member’s responsibility
- ID Card will entitle member to Rx Discounts
- Preventative Care Not Subject to Deductible
- Each Employee gets a Debit Card and Checks Linked to his/her HSA Account
- Qualified expenses can be paid with the debit card
- Unused Funds Rollover year to year and can be used toward retirement
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| HRA |
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- Health Reimbursement Arrangement
- Flexible Plan Options
- First Dollar Coverage Allowed
- Employer Controls the Money
- Lowers Health Insurance Costs
- FSA Compatible
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| How the HRA’s Work |
- Employer Establishes Reimbursement Allowances for Medical Expenses and sets up an account
- Employees Receive Debit Card and can use the card within the established parameters.
- FSA Account can be established and contributions can be made by the Employer or Employees Pre-taxed
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LIA Health Alliance Website 2008 |
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