Select health private health insurance plans
What type of health insurance plans does Select health offer?
Select healthSelect Health offers two types of health insurance plans on the private individual market the first one being the preference plans and the second being the Healthsave plans each of these plans can be individual health plans can be bought either on or off the health insurance exchange.
The Preference plans come in a variety of designs with different combinations of deductibles, coinsurance, and co-pays and out of pocket maximums. Some have copays that apply before you meet your deductible; others have copays that apply after you meet your deductible. These plans qualify as Minimum Essential Coverage that is required by obamacare or ACA compliant plans.
Our HealthSave (HSA) insurance plans give your more control over your healthcare dollars. These plans are designed to be paired with a Health Savings Account (HSA), which is very similar to a personal savings account that you can use for healthcare costs in the future.
The Money that you contribute to your HSA is considered pre-tax and it does not expire at the end of the year. If you qualify for cost-sharing reduction and you enroll in a HealthSave plan, it may not be eligible to be paired with an HSA account. These plans qualify as minimum essential coverage.
Summary of Select health
Select Health is considered one of the best health insurance companies in Utah. With it’s extensive network of doctors and newer facilities through out the state we can highly recommend this company for your health insurance needs. Compare Select health rates here right now.