Very simply, now you can take better control of your health care spending and medical priorities with a plan that will save you money on the out-of-pocket, health care expense that you will be required to pay for as well as the medical procedures that you would like to have but could not afford as easily before you had the HMA®.
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The HMA® will provide you and your family with access to an average of up to $2 or more in medical benefits for every $1 above and beyond what you contribute into your plan on a monthly basis as the program progresses. These medical benefits can be used to help you save money on most of your doctor, pharmacy, dental, vision and other out-of-pocket responsibilities that your health insurance or Medicare plan does not cover. The HMA® will empower you with more health care purchasing power than ever before.
The Health Matching Account has 11 different monthly contribution plans starting as low as only $40 per month that will fit into any family’s budget.
Once you build your HMA® medical benefits up to the target cap of your choosing (anywhere from $2,500 in the HMA® 2500 plan to $60,000 in the HMA® 60000 plan), you are no longer required to make your full, monthly contribution and will only have to pay a monthly maintenance fee to keep your plan in force until you use your benefits on another medical service. As an added reward for maintaining good health, once you have begun to grow the amount of HMA® medical benefits that you have towards your target medical benefit cap, the HMA® can also serve to drastically decrease the monthly amount that you are paying for your health insurance premiums. This will give you the security and freedom over time to increase your major-medical health insurance plan deductibles and opt for a high-deductible plan because your HMA® will be safely covering and paying for most of your risk and out-of-pocket costs until you reach your annual deductible.
The monthly matching of medical benefits awarded into your HMA® plan above and beyond what you contribute are guaranteed to increase for you as you stay in the program as long as your plan is in good standing. Your HMA® will match your monthly contributions with an average of $2 in medical benefits for every $1 above and beyond what you contribute into your plan. This match will secure you significant medical savings along the way both before and after you reach your paid-up, target medical benefit cap.
You can easily enroll into the Health Matching Account plan of your choice in five minutes! Unlike health insurance, the HMA® requires no upfront underwriting and will also allow you to cover every member in your household under the age of 26.
Unlike certain health insurance plans, the Health Matching Account will not only cover anyone with pre-existing conditions, but even better, every HMA® customer is charged the same monthly rate on all 11 HMA® plans regardless of their current health status.
You can access your HMA® plan benefits to pay for your qualifying medical needs by presenting your HMA® Medical Benefits ID Card at your health care providers at the time of service. A digital version of the HMA® Medical Benefits ID Card will be available in each participant's member portal. Your provider will then verify both the eligibility of the service and that you have a sufficient amount of medical benefits available in your HMA® plan to pay for this medical expense. No further action will need to be taken by the HMA® participant at their provider's office.
You will always know where you stand with your HMA® plan. You will be able to check the total amount of your current HMA® available medical benefits and transaction history, which will be updated on a daily basis, through your HMA® online member portal and mobile app. These tools will also provide you with access to other valuable resources to help you understand all of the advantages that your HMA® benefits provide you.
Unlike certain medical savings accounts such as the Health Savings Account (HSA) that you cannot continue to contribute into after age 65 or the Flexible Spending Account (FSA) where it is always a mad rush to spend down and use or lose the benefits before the end of the year, with the HMA®, the benefits that you accrue each and every month will continue to build and roll over year-to-year until you decide how you wish to use them. The HMA® provides you with that invaluable security and certainty to know that the medical benefits that you are accumulating each month will always be there to take good care of you and your family whenever they are needed.
In fact, even when you pass away, your family or loved ones can still retain the HMA® medical benefits you have accumulated. You are permitted to appoint a designated beneficiary to continue the HMA® plan you started so that you can pass on this valuable gift on to your next generation and help them secure additional savings for their future medical needs as well.
With the HMA®, you now gain the freedom to opt for other medical services that you may have always wanted or needed but could not afford before because of the ever growing amount of medical benefits that you will secure in your plan each and every month. Your HMA® can be used for any elective procedure with a medical doctor including for dental, lasik and even plastic surgery.
The HMA® is not health insurance.