Care Choice qualified high-deductible plans
On this page: | Products | Decision-making tools | Health and wellness features | HSAs |
Products
Care Choice offers a full array of qualified high-deductible product choices that are compatible with the savings of tax-advantaged accounts, such as Health savings accounts (HSAs).
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Decision-making tools
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Every Day Health: health and wellness features
Fallon Community Health Plan’s comprehensive health and wellness program, Every Day Health, puts you in the driver’s seat when it comes to your health:
- Healthwise® Knowledgebase
Get the answers you need to all your health questions with free access to one of the nation’s leading online health resources.
- It Fits!
Our fitness feature which offers up to $300 for membership in Weight Watchers® and health clubs*.
- Oh Baby!
A health and wellness program for birth, baby and beyond that helps you take care of the "little things" in life.
- Naturally Well
Get discounts on acupuncture, massage therapy, chiropractic care and more.
- Personal Wellness Profile™
A health and lifestyle questionnaire which evaluates your family history, fitness and eating habits, emotional health, and other health factors to provide you with an overall picture of your current health and wellness. You must log in to My FCHP to use this tool.
- Care services programs
Access to several focused-care programs to assist members in managing chronic care conditions. When they need extra support, members also receive one-on-one attention from a nurse care specialist who coordinates their care and services.
* Benefits and features may vary by plan design.
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Health savings accounts (HSA)
Health savings accounts are a smart way to pay for medical expenses now and in the future. Members who open a tax-advantaged HSA in conjunction with any of our qualified high-deductible health plan options will enjoy additional benefits beyond premium savings, including:
- Tax savings
Contributions are made with pre-tax dollars, withdrawals are tax-free when used to reimburse qualified medical expenses, and interest on funds grows tax-free.
- Flexibility
Members can use funds for current health care expenses or save for future health expenses. Unused funds roll over each year.
- Portability
Members own their funds, even if changing employers.
Partnership with Soverign Bank as HSA custodian
FCHP has partnered with Sovereign Bank as an HSA custodian for members enrolled in FCHP Direct Care Choice, FCHP Select Care Choice and Fallon Preferred Care Choice. Sovereign has designed a special HSA to be the perfect complement to your FCHP Care Choice plan. It’s convenient to use, simple to manage, and pays a competitive rate of interest.
Sovereign Bank tools for Care Choice members
Sovereign Bank has created several helpful tools to assist FCHP members who are enrolled in or considering an FCHP Care Choice product. You can access these tools through the Sovereign Bank Web site under the "Tools & Information" section.
While Sovereign is FCHP’s preferred vendor, members enrolled in any of our Care Choice products have the option of seeking their own HSA custodian. The choice is yours!
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