Health Savings Account Blog

Priority Health’s Common Costs Tool provides cost estimates for more than 85 common procedures and health services, such as hospital/ER fees, imaging and radiology, labs and testing, medical supplies and equipment, physician office services, and therapy services. Also new is Priority Health’s Pharmacy Tool, which provides estimated costs for approved prescription drugs. Users can also search drugs alphabetically, by drug class and drug name. Priority Health members who log in can view their specific prescription drug costs according to their benefit plan.

“Priority Health has taken a significant first step in providing the community with greater information to assist them in making more informed health care decisions,” said Kimberly K. Horn, president and CEO for Priority Health. “Our members can now log on at www.priorityhealth.com and receive personalized benefit information, obtain prescription drug costs, find a doctor, and common costs for medical procedures and services.”

Engaging Consumers

According to Information Strategies, Inc., Consumer Directed Health Plan (CDHP) products such as Health Saving Accounts (HSA’s) are increasing in demand. Their research predicts fall enrollment of HSAs will exceed estimates, with total enrollment nationwide at 3.6 million by January 2, 2007. “As the demand for health savings accounts increases, and consumers take control of their medical spending dollars, there will be an increasing need for cost and quality information from hsa health plans,” said JoAnn Laing, president and CEO of Information Strategies. “Priority Health understands that consumers want cost and quality information in a format that is readily understood and can be acted upon.”

Learn how to get your own HSA at: http://www.health--savings--accounts.com