This high deductible line of major medical plans offer six different PPO (Preferred Provider Organization) options – three for families, three for individuals and qualifies for use with a Health Savings Account (HSA).

The HD Advantage Plan pays at 100% of eligible expenses (you pay nothing after the calendar year deductible is met), 80% of eligible expenses (you pay 20% of said expenses) and 50% (you pay the other 50%). Traditional – or “non-PPO” plans are available as well for families and individuals – these two coverages pay at 100% and 80% (you pay the remaining 20% of expenses). Lifetime maximum coverage – per person – is $2 million (up to $5 million per covered person with the Maximum Benefit increase option).

Various deductible levels are available with each product – and a prescription drug discount card is included with all plans. All plans can also have increased protection added through various Optional Benefits.

This innovative line of health products have been designed to use with a Health Savings Account (HSA).

So what exactly is an HSA?

Well, an HSA plan consists of two unique features:

First, a qualified, high-deductible health insurance plan – such as WorldCARE HD Advantage. The limits for this health insurance plan are set by the federal government – who determines what deductibles and out-of-pocket amounts are allowed.

Second, a tax-friendly savings account at the financial institution you choose. You deposit money into this account and use the funds to pay for qualified medical expenses – today, and in the future. The federal government allows tax advantages for the money in a HSA account – a nice little bonus at tax time.

To be eligible for an HSA, you must have a qualified health insurance plan – such as HD Advantage – and not be covered any other major medical insurance plan or Medicare. Only U.S. citizens and National Consumer Alliance Association (NCA) members under the age of 65 are eligible to apply for World’s HD Advantage. Please consult your tax advisor regarding tax deductibility. The above information outlines the advantages of HSAs and high-deductible insurance plans in general – and does not constitute tax advice.

What exactly is a PPO?

A PPO (Preferred Provider Organization) refers to a network of physicians, clinics and hospitals that have agreed to provide World clients with quality medical care at negotiated prices.

To find out more about WorldCARE HD Advantage, please call World’s Customer Service center:

1-800-786-7557

Note: Not all benefits and products are available in all states. Actual coverage depends on individual underwriting and selection of optional benefits.

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