Our Three Health Care Plans Work Together:

MedFlex (FSA)

Our MedFlex plan, often called a cafeteria plan, flex plan or Section 125 plan has been available longer than the other flexible benefit options, but still has strong appeal. With the right plan design, MedFlex can be used in combination with some of the newer options like a MedFlex HRA and/or an HSA Solutions account.

  1. Pre-Tax Premium Payment
  2. MedFlex Account

MedFund (HRA)

A MedFund HRA account is funded by the employer and is used to pay for certain healthcare-related expenses. The reimbursements are not taxable to the employee and are tax deductible for the employer. The most common use of an HRA is in combination with a higher deductible health plan. The employer benefits from lower premium cost, but the higher deductible cost to the employee is cushioned with HRA dollars. More...

HSA Solutions (Health Savings Account))

HSA Solutions combines a qualified high deductible health insurance plan with a tax-favored savings account that is owned by the individual. Money in the savings account helps pay the deductible. Once the deductible is met, the insurance starts paying. Money left in the savings account earns interest and belongs to the owner of the account. It may be withdrawn to pay for qualified medical expenses, and after age 65 may be withdrawn for any reason without penalty to help fund retirement. More...