8 | How do I access my HMA benefits to pay for medical expenses? For any elective procedures such as plastic surgery and lasik among others, as well as home health and long term care expenses,these expenses will be covered on a mail-in reimbursement basis when an original, itemized receipt is submitted within 30 days of the procedure. The HMA Medical Benefits Visa Prepaid Card will be swiped at the point-of-service to pay for nearly all of our cardholders' medical services including copays and deductibles up to their HMA account balance at the time of the claim and can be used by either individuals or families. Once you have reached your target cap, which in the case of the HMA 10000 plan is $10,000, you are no longer responsible for making your full, monthly, HMA contribution (and only maintenance fees are required) until you use your HMA to pay for a subsequent medical expense. You can use your HMA benefitsat the point of service by swiping your HMAMedical Benefits VisaPrepaid Cardto pay for your out-of-pocket, medical expenses. We're ready. The HMA is not health insurance.The HMA Medical Reimbursement Visa Prepaid Commercial Credit Cards are issued by Celtic Bank. What is the legal overview of the HMA? The HMA Medical Benefits VisaPrepaid Card is issued by The Bancorp Bank pursuant to a license from the VisaU.S.A Inc. The monthly, matching of medical benefits on your HMA contribution is guaranteed to increase each and every month when you are not using your benefits to pay for medical costs, which rewards you for good health. You can access your HMA plan benefits at qualified medical providers by swiping your HMA Medical Reimbursement Visa Prepaid Cards. This is not an illustration or a formal quote. Both the HMA and HMRA programs are medical savings account and reimbursement programs that award increasing, monthly, medical benefits to assist both employers and employees in bringing down their first-dollar, out-of-pocket, medical costs. Member Forms - Healthcare Management Administrators After I go through it, we should talk. In order to coordinate your primary health insurance plan benefits with your HMA pharmacy discounts, be sure to have your pharmacy swipe your primary health insurance card first before processing your WellDyne BIN Sponsor Number located on the back of your HMAMedical Benefits VisaPrepaid Card. For Members - Healthcare Benefits Third Party Administrator in Bellevue, WA The HMA Medical Benefits Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from the Visa U.S.A Inc. #200 Dr. Mark Parisi - Business Executive / Entrepreneur. http://www.nationalprosperity.com/hma-medical-benefits-card/. The HMA Medical Benefits Card is the ultimate medical savings account available and will help our customers be able to both save money on their out-of-pocket, medical expenses and also. The, HMAMedical Benefits Account also comes included with both unlimited telemedicine services and a proprietary, PBM (Pharmacy Benefits Manager) program. Example Of How The HMA Account Balance Grows. Any purchases at grocery store pharmacies can be covered on a mail-in reimbursement basis by completing the HMA Reimbursement Claim Form located in the Resources section of your HMA member account portal and submitting an original, itemized receipt within 30 days of the procedure. I would like to learn more about it. Card may not be used everywhere Visadebit cards are accepted. 8761 Perimeter Park Blvd. The HMA Medical Reimbursement Visa Prepaid Commercial Credit Cards are issued by Celtic Bank. What's Covered | HealthMatching.US Houston, TX 77056, Telephone: (713) 850-8534 other support tools. . If you do not have a prescription drug discount plan, the price you can secure for prescription drugs through your HMA Medical Benefits Account with the WellDyne BIN Sponsor Number will be significantly better. In addition, HMA accountsalso pay for elective procedures that are not covered by healthinsurancesuch as plastic surgery, lasik and fertility as well as home health and long-term care expenses among others. Service is unbelievable! See Cardholder Agreement for list of eligible goods, services and merchants. The HMA Medical Benefits Card is the ultimate medical savings account available and will help our customers be able to both save money on their out-of-pocket . When expanded it provides a list of search options that will switch the search inputs to match the current selection. T he HMA awards our cardholders up to $3 in medical benefits or more for every $1 contributed into their HMA account balance as the program progresses.The reimbursements or payments made to. Are you a: Member; Employer; Broker; Provider; About Us; What We Offer; The Bancorp Bank; Member FDIC. Each HMA owner, whether it be a family or individual, will always be provided with their own personalized HMAMedical BenefitsCard, which can be used and swiped at the point of service to pay for qualifying medical expenses. In addition, HMA accounts arealso eligible to be used to pay for elective procedures such as plastic surgery, lasik and fertility as well as home health and long-term care expenses among others. This match of medical benefits will exceed two and even three times what you pay in on a monthly basis as you approach your target medical benefit cap. DOCX HMA - Medical Claim Form - Healthcare Management Administrators The HMA Medical Benefits Account is exclusively offered by Health Matching Account Services, Inc. and pays for out-of-pocket, medical expenses including copays and deductibles, much like an HSA except with much larger account growth capabilities. NPHM Services also maintains millions of dollars of its own reserves to back their programs. HMA Vs. HSA Facts Don't lie The HMAMedical BenefitsCard Program also comes included with both unlimited telemedicine services and a proprietary, PBM (Pharmacy Benefits Manager) program that helps our customers secure much deeper savings than a traditional, pharmacy discount card could ever allow for. Behavioral Health counseling may not be offered with all health care coverage plans. 2023 Health Matching Account Services, Inc. Elective Procedures (Lasik, Plastic Surgery, etc. In addition, your HMA account can also be used topay for elective procedures such as plastic surgery, lasik and fertility as well as long term care and home health expenses among others. Copyright 2023 MDLIVE Inc. All Rights Reserved. This sample illustration above demonstrates how the HMA 10000 plan with a $140 per month contribution grows over a 35-month period. The HMA (Health Matching Account) is the ultimate medical benefit savings account available and will help our customers be able to both save money on their out-of-pocket, medical expenses and also increase their primary health insurance plan deductibles to save up to 40% or more on their monthly premiums over time. HMA 5120 Woodway Drive, What Is The Health Matching Account? - HMA Services, Inc. FAQ | HealthMatching.US Father | Veteran | Inspire, Educate, Equip, Empower Entrepreneurs & Veterans | Pay Off Debt | Optimize Social Security | Build Tax Free Retirement | Start a New Business. Suite 10025 About The Health Matching Account HMA For Employers Offer The HMA To Your Employees HMA For Brokers Grow Your Existing Business The HMA is not health insurance. Ask your broker for a formal quote. The HMA monthly medical benefit match is so strong in fact that even by using your plan to pay for some of your out-of-pocket, medical expenses along the way to reaching your target cap by swiping your HMA Medical Reimbursement Visa Prepaid Card at your medical providers, you will still be saving significantly on your out-of-pocket, medical expenses because of how quickly you will be able to build your medical benefit balance back up towards your target cap after using it. The doctor was on the line in 10 minutes and it is great! Search Close Enrollment The Health Benefit is available to employees and their eligible dependents. Virtual Care, Anywhere. Welcome to the Health Matching Account Services, Inc. 2019 by HealthMatching.US I believe I have a massive market for this. The HMA Medical Benefits VisaPrepaid Card can be swiped at any pharmacy except those at grocery stores. Jacksonville, FL 32216. How do I access my HMA benefits to pay for medical expenses? The Bancorp Bank; Member FDIC. Claim cost and frequency may vary by group. Each of the 11 HMA plans that are available for you are all designed to grow your medical benefits to a target medical benefit cap of your choosing over 35 months ranging anywhere from as low as $2,500 for the HMA 2500 plan to as much as $60,000 if you opt for the HMA 60000 plan. By doing this, our customers will be able to choose which pharmacy pricing option is preferable between what their primary health insurance plan offers compared to their HMA Services Rx Program. Simply pay the applicable in-network copay, coinsurance, or deductible. Fax: (713) 850-8579. 5. What happens when the HMA account balance reaches itstarget account balancecap? Check out the helpful links above or select "HMA Member Login" (at the top of this page) to create an HMA account for access to enhanced tools and resources that help you understand every detail of your plan. The HMAbalances are permitted to carry over year-to-yeareven if the benefits are not used. 2019 by HealthMatching.US Introducing Virtual Care 1-800-869-7093. HMA Services - HMA Services, Inc. Activate Now. No. The HMA is not health insurance.The HMA Medical Reimbursement Visa Prepaid Commercial Credit Cards are issued by Celtic Bank. Healthcare Management Administrators | Healthcare Benefits Third Party The HMA Medical Benefits Account is considered a non-qualified, health matching account program. Health Matching Reimbursement Accounts are a patent-protected product. Ready To Choose A Plan If the HMA participant wishes todecrease or increase their monthly contribution level and itscorresponding,target account balance cap, they will be permitted to do so one time per month. MDLIVE Medical Group, PA is an independent entity. If you do already have a prescription drug program that comes included with your health insurance, be sure to compare your pricing options. #200 The HMA Medical Benefits Card. The HMAMedical Benefits Account also comes included with both unlimited telemedicine services and a proprietary, PBM (Pharmacy Benefits Manager) program that helps our customers secure much deeper savings than a traditional, pharmacy discount card could ever allow for. The HMA Medical Benefits Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from the Visa U.S.A Inc. 2. Any pharmacy purchases at grocery stores can be covered on a mail-in reimbursement basis by completing the HMA Reimbursement Claim Form located in the Resources section of your HMA member account portal by mailing in proof of the procedure (typically an original, itemized receipt) and the amount of the claimwithin 30 days of the procedure date in order to qualify for a reimbursement. The rapid growth of the HMA account balance easily exceeds that of an HSA (Health Savings Account) or any other medical savings account. The HMA account is funded by the participant with post-tax dollars. The HMA balances are permitted to carry over year-to-year even if the benefits are not used. Click here for more information on the end of the Public Health Emergency. In addition, your HMA account can also be used to pay for elective procedures such as plastic surgery, lasik and fertility as well as long term care and home health expenses among others. Thanks! It is an interesting perspective. The HMA Medical Benefits VisaPrepaid Card is issued by The Bancorp Bank pursuant to a license from the VisaU.S.A Inc. This proprietary program not only deliverssignificant savings to HMA cardholders also some of the lowest wholesale drug prices in the industry on prescription drugs, diabetic care services and daily living medical productson top of the savings that the HMA already provides. Hawaii Mainland Administrators - Protecting Your Health Plan Navajo Nation Plan offers medical, prescription drug, dental, vision and short-term disability benefits. Member Login HMA Member Login. HMA contribution levels are designed to be flexible in order to accommodate anyone seeking to build their own medical savings account and significantly reduce their health care expense obligations by pre-funding their out-of-pocket, health care costs through the HMAMedical BenefitsCard. The HMA Medical Benefits VisaPrepaid Card comes included with the proprietary, HMA Services Rx Program, which will deliver significant saving to our customerson prescription drugs, diabetic care services and daily living medical products among other purchases. The HMA (Health Matching Account) is the ultimate medical savings plan available that will bring you life-changing health and financial benefits. HMA accounts can only be used to pay for medical expenses and contain no cash value. The HMA medical savings account is considered a non-qualified, health matching account program. Interesting card. Election of coverage for an employee includes medical, prescription drug, dental, vision and short-term disability. The reimbursements or payments made to an individual are tax-free given the fact that they were paid with after-tax dollars. The Health Matching Account (HMA) is a voluntary, medical benefit savings account owned by the participating employee or family. During this 35-month period, the medical benefit match amount that is awarded to the participants monthly contribution is so substantial that $4,900 of contribution can create a total of $10,000 in HMA medical benefits for you to use to pay for most of your and your familys out-of-pocket, medical costs that are not covered by health insurance or Medicare (this scenario assumes no prior usage of the plan before 35 months). Member Login HMA Member Login. Bychoosing an HMA, individuals and families now have the opportunity to fund a superior medical savings account that will permit them toincrease their health insurance deductibles and lower their out-of-pocket premiums and medical expenses. Health Matching Accounts utilize in-depth pooling and claims frequency analysis to determine the rate of growth on contributions that can be awarded monthly into member account balances. The Bancorp Bank; Member FDIC. Younity - Hawaii Mainland Administrators - hmatpa.com You can use your HMA benefits at the point of service by swiping your HMA Medical Benefits Visa Prepaid Card to pay for your out-of-pocket, medical expenses. HMA Services also maintains millions of dollars of its own reserves to back their programs. The HMA Medical Benefits Account is an after tax, medical benefit savings account that pays for first-dollar medical expenses, much like an HSA, but offering far superior incentives. The HMA Medical Benefits Card is swiped at the point of service to pay for nearly all our cardholders medical services including copays and deductiblesup totheir HMA account balance at the time of the claim and can be used by either individuals or families. Logging on to members.hmatpa.com gives you direct, 24/7 access to your personal claims and In addition, the HMA can also be used to pay for elective procedures (with MD surgeons only) such as plastic surgery, lasik and fertility procedures that are not traditionally covered by health insurance or Medicare as well. 4. It is comprised of a CLU (Chartered Life Underwriter) and ChFC (Chartered Financial Consultant) and the former Deputy General Counsel for Health and Human Services in Pennsylvania. 7 | If the Employer is helping to sponsor an employees HMA account, is the HMA portable with the employee? The HMAMedical BenefitsCard is a medical savings account governed by the requisites of IRS Publication 969 and 502, as they relate to medical care for reimbursement of medical expenses under IRS Code Section 213(d). Yes. 3. The HMAMedical BenefitsCard covers 213 (d) medical expenses by swiping your HMAMedical BenefitsCard at the point-of-sale. The HMA would be portable in this situation as well as if the individual employee was sponsoring it on their own. See Cardholder Agreement for list of eligible goods, services and merchants. The owner will once again make a HMA account balance contribution the subsequent month following any usage of the HMAMedical BenefitsCard to pay for medical expenses. See Cardholder Agreement for list of eligible goods, services and merchants. 9. Manage your claims and deductibles Find an in-network doctor or hospital Connect to your prescription drug plan View, print, or share your ID card Verify your coverage for services Explore exclusive offers and more Log In to the HMA Portal What medical expensescan becovered with my HMAMedical BenefitsCard? The benefits that build in each HMA account balance are designed to pay for anindividual or family out-of-pocket medical costs including copays and deductiblesin order for participants to save money and complement high deductible, major-medical plans. In fact, the benefits that build in an individual and familys HMA account balance can provide the vehicle to help allow individuals and families the ability to ease their way into high deductible health plans in order to lower their fixed, monthly premium costs. Health Matching Reimbursement Accounts utilize in-depth pooling and claims frequency analysis to determine the rate of growth on contributions that can be awarded monthly into member account balances. By choosing an HMA, individuals and families now have the opportunity to fund a superior medical savings plan that can permit them to increase their health insurance deductibles and potentially lower the monthly premiums they are paying for their health insurance over time as their HMA medical benefits continue to build. This document contains sensitive information that is confidential to the addressee and should not be copied, distributed or reproduced in whole or in part. This medical savings account product was designed for implementation byone of the most renowned life and health services actuarial firms in the world today. These medical services listed below can be paid for by swiping your HMA Medical Benefits VisaPrepaid Card at the point-of-service andcover a vast majority of qualifying, 213 (d) medical expenses: HMA Medical Benefits VisaPrepaid Card List Of Covered Services, Laboratory/Medical/Dental/Ophthalmic Hospital Equipment And Supplies, Medical Services and Health Practitioners not elsewhere classified, Drug Stores, Pharmacies (no sundries/mail-in reimbursemently only on grocery store pharmacy purchases), Hearing Aid Sales, Service, Supply Stores, Counseling Service Debt, Marriage, Personal. These services are backed by our state-of-the-art systems that deliver accurate, timely and cost containment solutions for self-funded medical plans. In addition, HMA accounts can also be usedto pay for elective procedures such as plastic surgery, lasik and fertility that are not traditionally covered by health insurance as well as long-term care and home health expenses. Easiest way to manage your health plan. The HMAMedical Benefits VisaPrepaid Card covers 213 (d) medical expenses by swiping your card at the point-of-sale. Healthcare Management Administrators offers a complete suite of health risk management services in addition to benefit administration. 6 | What if HMA owners want to change their contribution amount or paid-up target account balance? You can find your pharmacy plan's Customer Support phone number on the back of your member ID card. 2023 health savings account and high-deductible health plan limits The HMA Medical Benefits Card is the ultimate medical savings account available and will help our customers be able to both save money on their out-of-pocket, medical expenses and also increase . These medicalexpenses will be covered on a mail-in reimbursement basis when you submit an original, itemized receipt within 30 days of the procedure. This is not an illustration or a formal quote. Medical Benefit Savings Account (MBSA) | Your Freedom Hub For example, if you select the HMA 10000 product, you can contribute as little as $140 per month or $4,900 over 35 months and accumulate a $10,000 HMA account balance to pay for all of your out-of-pocket, medical expenses by swiping your HMA Medical Claims Visa Prepaid Card at the point of service. The NPHM Rx Program hasno eligibility restrictions and may be used in pharmacies nationwide. The medical services listed below can be paid for by swiping your HMA Medical Reimbursement Visa Prepaid Card at the point-of-service and covers a vast majority of qualifying, 213 (d) medical expenses. 2 | How does HMAS award the HMA account crediting and how are the funds protected? Unlike a traditional Health Savings Account (HSA), the HMA isnot required to be complemented by a high deductible health plan (HDHP). CONFIDENTIAL. By doing this, you will be able to choose which pharmacy option is preferable for you between what your primary health plan offers compared to your Health Matching Account Services Rx Program. with MD surgeons only), Chiropractors (2 routine adjustments per month, $150 max), Counseling Service: performed by PsyD or PhD, Drug Stores, Pharmacies (no sundries / reimbursement only on grocery store pharmacy purchases), Hearing Aid: Sales, Service, Supply Stores, Laboratory / Medical / Dental / Ophthalmic. HMAS is expanding its reach and forming partnerships with some of the largest brokers, benefit agencies and administrators all across the country in the ERISA market to promote its revolutionary, Health Matching Reimbursement Account HMRA program for employers and the HMAMedical Benefits Account for individuals and families. FAQs & Resources These medical expenses can be covered on a mail-in reimbursement basis. 5 | What happens when the HMA account balance reaches itstarget account balancecap? These increasing, monthly medical benefits you will receive is how, over a 35-month span, you can potentially experience a doubling of the medical benefits that are available for you to access compared to the amount you paid into your plan on a monthly basis over that time period. Welcome. The participants HMA account balance increases each and every month as theHMA account crediting continues to build. These expenses include pharmacy and drug store purchases as well as doctor and hospital visits, dental, vision and chiropractic among others. HMA Product Monthly Contribution Options - HMA Services, Inc. The HMA would be portable in this situation as well as if the individual employee was sponsoring it on their own. The Bancorp Bank; Member FDIC. PDF HMA - California Health Insurance | www.lowcostcahealth.com 8761 Perimeter Park Blvd. Select Accept to consent or Reject to decline non-essential cookies for this use. In addition, theHMAMedical Benefits VisaPrepaid Card isissued and FDIC insured by Bancorp Bank pursuant to a license fromVisaUSA Inc. 3 | What is the legal overview of the HMA? This sample illustration demonstrates how an individual or familys HMA account balance would grow over a three-year period. The HMA (Health Matching Account) is theultimate medical benefit savings account availableand will help our customersbe able to bothsave money on their out-of-pocket, medical expensesand alsoincrease their primary health insurance plan deductibles tosave up to 40% or more on their monthly premiumsover time. HMA accountsalso pay for elective procedures that are not covered by healthinsurancesuch as plastic surgery, lasik and fertility as well as home health and long-term care expenses among others. National Prosperity Health Matching Services (NPHM) offersa variety of different levels of HMA contribution programs with corresponding target account balance caps ranging from $5,000 all the way up to $60,000 per participant or family. 2019 by HealthMatching.US HMA Services - Health Matching Account Services The HMAMedical Benefits Account is exclusively offered by Health Matching Account Services, Inc. and pre-funds an individuals (or familys) out-of-pocket, medical costs into a medical savings account that isawarded a monthly, medical benefit crediting on their contribution, which grows each month. In fact, the benefits that build in an individual and familys HMA account balance can provide the vehicle to help allow individuals and families the ability to ease their way into high deductible health plans in order to lower their fixed, monthly premium costs. The HMA Medical Benefits VisaPrepaid Card is issued by The Bancorp Bank pursuant to a license from the VisaU.S.A Inc. NPHM Services is expanding its reach and forming partnerships with some of the largest brokers, benefit agencies and administrators all across the country in the ERISA market to promote its revolutionary, Health Matching Reimbursement Account HMRA program for employers and the HMAMedical BenefitsCard for individuals and families. Charges and fees may vary by group. 8761 Perimeter Park Blvd. Medical Claim Form. Offer your patients an HMA Health Matching Account Services Inc. 20% The HMAMedical Benefits VisaPrepaid Card can be used and swiped at the point of sale to pay for the following medical services up to the HMA owners account balance at the time of their claims. By doing this, our customers will be able to choose which pharmacy pricing option is preferable between what their primary health insurance plan offers compared to their NPHM Rx Card Program. The reimbursements or payments made to an individual are tax-free given the fact that they were paid with after-tax dollars. Very easy to navigate and user friendly. http://www.nationalprosperity.com/hma-medical-benefits-card/. In order to coordinate their primary health insurance plan benefits with their HMA pharmacy discounts, our cardholders will have their pharmacy swipe their primary health insurance card first before processing their WellDyne BIN Sponsor Number. 10. Self Funding Coverage is effective on the first day of the month following a sixty (60) day waiting period from the date of enrollment. This is because the HMA awards its owners up to$2 in medical benefits or more for every $1 contributedinto their HMA account balance as the program progresses, which will allow our customers to raise their health insurance deductibles and lower their monthly premiums over time because their HMA Medical Benefits Account is designed to cover their out-of-pocket, medical cost obligations up to the higher deductibles. FAQs - Navajo Nation Benefits Program F-013-002Page . This button displays the currently selected search type. The HMA will match what you contribute each month with additional medical benefits above and beyond what you contribute into your plan.
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