The Regence HSA pairs a high-deductible health plan with a separate savings account. The health plan features the Regence network, providing access to doctors and hospitals worldwide. The savings account through Wells Fargo ITS allows consumers to create tax-deductible, interest-earning funds to cover deductibles, co-payments and other qualified medical expenses. Consumers can roll over their unused funds from year to year, which creates investment and retirement-planning options, according to a news release.
The HSA will be offered in Idaho, Oregon, Utah and Washington. The Regence Group is an affiliation of Blue Cross and/or Blue Shield Plans in Idaho, Oregon, Utah and Washington. Access www.regence.com for more information.