Choose from five Elect plans:

• Elect Premiere is our most expansive coverage. You'll pay just a $25 co-pay for office visits, acupuncture, naturopathic, and chiropractic care. Elect Premiere plans also include vision care. Annual deductibles range from $1,000 to $10,000.
• Elect Preferred is comprehensive coverage. It offers $30 co-pays for office visits and chiropractic care. It also offers an accident benefit, urgent care, and prescription drug coverage. Most other in-network services are covered at 70% after the annual deductible. Annual deductibles range from $500 to $10,000.
• Elect Balance offers extensive coverage, at an affordable price. It offers $35 co-pays for office visits, acupuncture, and chiropractic care.  Annual deductibles range from $2,500 to $7,500.
• Elect Value Option is low cost, catastrophic coverage. It offers peace of mind with basic coverage for a low monthly rate. Most in-network services are covered at 60% after the annual deductible; prescription drugs are covered at 50% after the deductible. Elect Value deductibles range from $2,500 to $10,000.
• Elect HSA plans are high-deductible health plans eligible for combination with a health savings account (HSA). Learn more about HSAs and consumer-directed health plans. Elect HSA plan deductibles range from $1,500 to $5,000. Most other in-network services are covered at 70% after the annual deductible.

Elect plan highlights at a glance:

• Coverage for maternity, illness and injury, and prescription drugs
• First-dollar accident benefit
• On-the-job coverage if you are self-employed
• No lifetime maximum benefit
• Preventive care 100% covered for participating providers
• Some plans cover alternative practitioner services, and vision care
• No-cost extras to help you save money and stay healthy
• Your choice of providers; no need for referrals from a primary care practitioner
• All provide the highest level of benefits if you choose participating providers, and reduced benefits for nonparticipating providers.
• An extensive network of participating providers within Oregon, plus in-network coverage throughout the U.S. 
  • You'll receive the highest level of benefits by using participating providers.
  • Participating providers accept benefits paid under the policy as full payment, and will not bill you for the balance (other than for deductibles, co-insurance, or co-payments).

Find an Oregon Individual Health Plan

Our Elect product line includes comprehensive health plans for Oregonians who aren't covered by Medicare. If you're self-employed, you are eligible for on-the-job health coverage at no extra cost. You are not required to choose a primary care practitioner or seek referrals for specialist care. Applications for these policies are health underwritten, and coverage is offered or declined based on your health. Watch our video to learn more.

Consumer-Directed Health Plans 101:

2. Health Savings Accounts (HSAs)

An HSA is a true bank account into which you deposit money to be used for your future healthcare expenses. Your HSA contributions can be deducted from your paycheck before taxes, or you can contribute your own money and deduct your contributions when you file your income taxes. Your employer or family members can also contribute to your HSA. No matter who contributes, the money is yours and will stay with you even if you change jobs or retire. The money in your HSA earns interest just like a regular bank account.

You’ll need a qualifying “high-deductible health plan”—also known as an HDHP—to go with your HSA. HDHPs must have a deductible of $1,150 or more, but sometimes preventive care is exempt from that deductible. The great thing about HSAs is that you can use the money in your account to pay those deductible expenses. Any unused money in your HSA carries over from year to year just like a regular savings account, so you can save your money for future medical expenses.

HSAs are available from most banks, credit unions, and other financial institutions. They come with checkbooks and debit cards you can use to access your account funds. Your bank won’t check to make sure you only use HSA funds for eligible healthcare expenses. You’re responsible for keeping those receipts or other documentation to prove that you used your HSA appropriately in case of an IRS audit.

For more detail on HSA regulations, visit the U.S. Treasury’s HSA FAQ site.

HSA highlights:
 

• Your, your employer, or your family members can contribute to your HSA.
• You own your account and all the money in it, no matter who contributed.
• Money you or your employer deposit is tax deductible, earns tax-free interest, and can build from year to year.
• You can withdraw funds to pay for medical expenses any time without taxes or penalties.
• You can withdraw funds for nonmedical use subject to taxes and an IRS penalty.
• HSAs are regulated by the federal government.
• You must have a qualifying high-deductible health plan (HDHP) to contribute to your HSA. If your HDHP coverage ends, the HSA is still yours. You can spend those funds on qualifying healthcare expenses, but can’t make additional contributions without an HDHP.

Next, we’ll cover HRAs.

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Ready to find a consumer-directed health plan?

• Find a PacificSource group or individual plan that qualifies for combination with an HSA, HRA, or FSA.
• Find HRA or FSA administrative services through our subsidiary, PacificSource Administrators.