Optima CDHP Plans
Optima Design
Optima Design integrates an HRA (health reimbursement arrangement) with a high-deductible health plan. This option offers employers the simplicity of a fully integrated health plan and funding option along with the flexibility to design their health benefits in a way that fits with their company goals. Unlike with an HSA, the funding account for Optima Design is sponsored by the employer, who:
- determines how much will be funded in the HRA
- determines whether or not unused funds will roll over from one year to the next
- determines whether the first out-of-pocket expenses will be paid by the employee or the employer.
This flexibility enables companies to customize benefit offerings to suit their health plan strategy.
Because its healthcare and funding components are fully integrated, Optima Design provides a seamless member experience, offering easy access to member services, online tools, and assistance from our health fund administrators. Optima Design stands out as an innovative solution in today’s healthcare environment, by combining both the control and cost-saving tools you are looking for with the quality medical care your employees seek. The HRA funds are not portable -- employees cannot take HRA funds with them if they leave their job.
Learn about Optima Design Vantage benefits
Vantage refers to qualified HMO plans
Learn about Optima Design Plus benefits
Plus refers to qualified PPO plans
Learn about Optima Design – HRA Funding Options
Learn more about the value of Optima Design
Optima Equity
Optima Equity links an IRS-qualified high-deductible health plan with a health savings account (HSA). The first part of this innovative product - a high-deductible health plan - features monthly premiums that may be significantly lower than many other types of health insurance. The money saved on premiums is then available for members to "invest" in the other part of this product - a savings fund that grows tax-free and rolls over from one year to the next.
Through Optima Health's partner, HealthEquity®, employees may invest a designated amount of their pre-tax income to use for qualified healthcare expenses. You, the employer, may also make contributions on your employees' behalf. The money invested in the HSA can then be used to cover the deductible or other qualified expenses if and when medical expenses are incurred (employees can withdraw funds tax-free as long as the funds are used for eligible healthcare expenses). If the funds are not needed, they can be left alone and allowed to grow tax-free. The savings account balance carries over from year to year - there is no "use it or lose it" rule.
Learn about Optima Equity benefits
Learn more about the value of Optima Equity