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Blue Cross Blue Shield of North Carolina is one of the largest health insurance providers in the country. They have an array of different health insurance plans that you can choose from, and each of them guarantees that you will be getting the best kind of service for the money. Now, if you are looking for a Charlotte health insurance that can easily fit right in your budget, then you should choose the Blue Options HSA from Blue Cross and Blue Shield.

But what is it with Blue Options HSA that makes it a better choice for budget-minded individuals? And, why should you choose it?

With the regular insurance plans, you need to pay a fixed monthly premium for medical coverage for the entire year, in return you only need to pay a small copayment and coinsurance for when you need medical services. The problem with this is that if you do not actually use your medical insurance often during the year, then the insurance premiums that you paid will not be returned to you. Things are different if you choose Blue Options HSA.

With Blue Options HSA, you are charged a small monthly premium, almost half of the premium amount charged by regular insurance. The drawback is that you have to pay a higher deductible when you avail of medical services; but here is where the HSA part comes into play. HSA stands for Health Savings Account; it is like a regular savings account, only the money in the account can only be used for paying health care deductibles. The beauty about HSA is that you can choose how much you place into your account. You can pay as high or as low as your finances permit you, and the money that you contribute to your HSA will remain there until such time comes that you need to pay for medical expenses.

With Blue Options HSA, you will be paying a smaller total amount in insurance premiums every year, and you also get to deposit money into your account totally tax-free; and that money will stay yours forever. This kind of insurance plan may not be suitable for people who visit their doctors many times during the year, but it is almost perfect for those who rarely even go to the clinic except for their annual checkups, and do not have that much money to afford traditional insurance policies.

Posted 6:00 AM

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