Blue Shield Spectrum PPO Savings Plan

The Blue Shield Spectrum PPO Savings Plan is an affordable managed care plan compatible with a Health Savings Account.

What's A Health Savings Account?

Health Savings Accounts (HSAs) are tax-free bank accounts where you can save money just for your healthcare expenses.

Here are some advantages of a Health Savings Account:

• They're tax-free.You can fund your Health Savings Account up to $2,850 for a single or $5,650 for two or more people. Your taxable income is reduced by the amount that you deposit in that year.
  
• They build interest. What happens if you don't use the savings in your account? It grows. Your savings rolls over each year and builds interest.
• Use your savings for almost any healthcare cost. You can use your tax-free savings for almost any health-related expense, from cough syrup to doctor's and dentistęs bills ę and even for your Spectrum PPO's deductible.
• Your money that you withdrawal is non-taxable. As long as you withdraw your HSA money for qualified health expenses, it won't be taxed.

What To Expect With Your PPO Savings Plan

A Blue Shield PPO Savings Plan requires a higher deductible than some other health plans. It's because Health Savings Accounts are only compatible with health plans that have a high deductible.

But donęt worry. A high deductible doesnęt mean the plan will be more expensive ę because a high deductible means a lower premium. The higher that the deductible is, the lower monthly premiums you'll have. That means your monthly insurance bill will be lower.

Talk To Us ę We'll Help You Decide

We're here to help you make an educated decision when you choose your health insurance. Get free quotes online and compare plans in less than 60 seconds. We'll help you choose the right Blue Shield plan for your needs.

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