The Choice Care Card™—“Intelligent” Cards for Healthcare

The Choice Care Card™ is a special use MasterCard debit card given to each employee and funded by his or her employer with a predetermined amount of money. Employees then use The Choice Care Card™ to cover out-of-pocket health-care-related expenses.

In addition to this coverage, employees are covered through an employer-sponsored higher-deductible plan or a higher co-pay health care plan – plans much less expensive than common first-dollar coverage plans. In fact, the employer uses the premium savings from the higher-deductible or co-pay plan to fund The Choice Care Card™.

The Choice Care Card™ works with any insurance plan - small group or large, fully insured or self-insured – at the discretion of the employer.

Employees use The Choice Care Card™ to cover medical expenses, such as office visits and prescription co-pays. For employees who may not need medical care (due to a spouse whose plan may cover the entire family, for example), the employer may allow employees to use this HRA debit card for dental, vision care, or alternative treatment, such as acupuncture or chiropractic care.
What’s more, the employer may choose to allow some or all of the unspent money to roll over from year to year.

Employees may also supplement their Choice Care Card™ account by contributing additional monies through pre-tax payroll contributions. These funds are used in accordance with flexible spending account guidelines.

Would you like to learn more? Contact us today!