Contact an RMHP Rep Contact us for more detailed information about our Good Health Savings plans.
Good Health Savings Plans - HDHP Group Health Plans
Our Good Health Savings Plans are High Deductible Health Plans (HDHP) either an HMO or PPO health plan design. As a group health insurance provider, the HDHP option will allow your employees to set up and contribute to a tax-advantaged Health Savings Account (HSA) to exclusively pay for qualified medical expenses. Benefits of an HSA group health plan include:
- Contributions are tax deductible
- Interest earned on an HSA account is tax free
- Money withdrawn from the HSA for qualified medical expenses is tax free
Customized, Comprehensive HSA Administration for your Group
RMHP has partnered with The Bancorp Bank for HSA administration. The Bancorp Bank is a full-service commercial bank that offers the following benefits:
- No application or account set-up fees
- Low monthly maintenance fees (may be waived under specific conditions)
- Interest starts accruing with the first deposit
- Free online account access for monitoring savings and expenses
- Free Visa debit card and checks* to access HSA funds
- Toll-free 24/7 customer service
- Online tools to help manage account and investment options
*Checks are available upon request. Debit card is automatically provided.
Good Health Savings Plan - Group Plan Comparison
