Horizon MyWay HSA (Health Savings Account) and Horizon MyWay HRA (Health Reimbursement Arrangement) are consumer-directed health (CDH) plans. Horizon MyWay gives members more affordable health care options — as well as a wide range of tools to help better manage health care decisions and account balances.
CDH plans give your employees the opportunity to take a more active role in their health care decisions, allowing:
- Hands-on management of those decisions;
- More choice and flexibility about how to spend health care dollars;
- The tools, resources and information needed to become an informed health care consumer.
Flexibility & choice
Horizon MyWay has three main components:
- A comprehensive, high-deductible health plan, such as Horizon PPO or Horizon Direct Access.
- An easy-to-use Health Savings Account (HAS), Health Reimbursement Arrangement (HRA) or Flexible Spending Account (FSA).
- State-of-the-art tools, education and support to help members make informed decisions about health care and related spending.