The Independence Blue Cross Personal Choice PPO 5000 HSA plan is one of the most affordable health insurance policies in Southeastern Pennsylvania. Premiums are typically lower than comparable plans from other major carriers and the policy is eligible to be used with a Health Savings Account. We offer IBX plans at the lowest available rates. You can easily choose and compare plan details by adding your zip code at the top of the page. There is no obligation to purchase any policy when you view prices.
This plan uses the “Personal Choice” Network so you pay much less for treatment when you utilize Network providers. You can also use your policy if you are outside of the state. The Keystone Health Plan East HMO is alternative to this plan, although premiums are higher. You can view specific coverage information here. A referral is not needed when you use the Personal Choice policy. With almost 60,000 doctors to choose from, you won’t have to drive far to get treatment. This also includes specialists, which may utilized at any time. Pharmacies and Urgent Care facilities are also included.
An HSA (Health Savings Account) is a form of medical benefits that allows you to pay for current and future approved medical, dental and vision expenses with tax-deducible dollars. The HSA account works with a “High Deductible Health Plan” and you have complete control over the funds in your Pennsylvania HSA. Most companies will provide a debit card to conveniently pay for the expenses.
I have had this exact type of contract for many years and the debit card is a great free feature. It’s important to remember to use it for all of your qualified purchases. It’s also important not to accidentally use your regular consumer credit card for purchases. If you do, you won’t be able to take advantage of the tax deduction.
The Personal Choice policy covers all qualified preventive services at 100% without any waiting period or deductible. The most common preventive benefits are routine annual physicals, mammograms, pediatric immunizations, pap tests and routine gynecological exams. Six nutrition counseling visits are also included. A much broader list of benefits is available. Each year, you may see additional free benefits added. When state Exchanges are available starting in 2014, additional preventive coverage may also be included. As an example, contraceptives and breast-feeding counseling were added for 2013.
Once the deductible has been met, IBC pays 100% of covered expenses. This would include all primary care office visits, specialist office visits, inpatient and outpatient hospital services, emergency room charges, ambulance services medical equipment and MRIs. Whether the amount is $1,000 or $10 million, there is no cap on covered benefits. There is also no annual upper limit.
Also covered at 100% after the deductible are generic formulary, brand formulary and non-formulary prescriptions. There is no maximum benefit and mail-order is available. Also, occupational therapy, physical therapy and spinal manipulations are all covered benefits, subject to limitations on visits. The concept of this policy is to provide total coverage of your health care expenses after a specific stop-gap amount. And if you have recurring expenses, they will be paid.
Many expenses that are subject to the deductible receive a negotiated network discount which will lower out-of-pocket expenses. Lab fees and X-rays often receive very substantial discounts…often as much as 80%. Even ER visits will be discounted.
Sample Personal Choice PPO 5000 HSA Monthly Rates in the Philadelphia Area:
$111 40 Year-Old Male
$130 40 Year-Old Female
$384 40 Year-Old Male & Female Plus Two Children (Family Of Four)
For additional information regarding this plan or any other Pennsylvania Independence Blue Cross plans, please contact us. We’ll be happy to review your options and help with the application process. You can also apply online or receive a free quote at the top of the page.
UPDATE: The Personal Choice Catastrophic plan is available on the Pa Health Exchange. (You can view Marketplace Exchange rates through our website) Other low-cost policies include the Personal Choice PPO Bronze, Keystone HMO Bronze and Personal Choice PPO Bronze Reserve.
You can still purchase an own a Blue Cross HSA plan. However, the names of the policies have been changed and many deductible options have been eliminated (and a few have been added).Tags: Find affordable Independence Blue Cross rates online, Individual Independent Blue Cross Rates, Keystone Health Plan East, Low cost IBX Options, Philadelphia HSA plans