At MotivHealth, we offer what is called an HSA-based plan. On this type of plan you receive both medical coverage and the unique opportunity to save for future medical costs so you’re not paying out-of-pocket.
On an HSA-based plan, as well as on most HDHPs, you tend to have much lower monthly premiums. The money you save in premiums can then be contributed to your HSA. The idea behind an HSA-based plan is that you can pay for qualifying medical expenses with your HSA funds (which never expire) so you’re never paying out of pocket and, in the case of a high-cost medical expense, you’re still covered.