Chamber Employer Member Medicare Eligible Employee/Retiree - New Benefit Option for Eligible Medicare Beneficiary:

The Tri-County Regional Chamber has partnered with Fenyx Health to offer a Group Medicare Advantage plan that is called a Medical Savings Account (MSA) through your employer who is a member of the Chamber. If you are familiar with other Medicare Advantage plans, the MSA has some interesting differences. Please note that you must be enrolled in Medicare Parts A and B and pay monthly Part B premium to be eligible.

  The strengths of an MSA are:

• $0 monthly premiums:  You do not need to pay money to have this plan, in fact…

        You receive money! The Federal Government deposits dollars into your MSA to use toward your deductible or for qualified medical expenses.          Money left over at the end of the year belongs to you and rolls over to the next year.

• No Provider Network:  This is where the MSA differentiates itself from other Medicare Advantage plans. With an MSA, you have access to any provider or facility that participates in Medicare that is willing to accept and bill the plan. That’s 97% of all providers across the country.

        The MSA plan does have a deductible, which, once met, the plan will cover 100% of your Medicare-approved hospital (Part A) and medical           (Part B) costs for the rest of the year.

• Where to get more details: There is no way we’d expect someone to make their healthcare decisions through a single email, so if you or your spouse are eligible for Medicare, or you are approaching Medicare eligibility, please see attached flyer and connect with our trusted partners – They can help compare the MSA plan, Medicare Supplement plans, other Medicare Advantage plans, and Part D – Prescription Drug plans.

        Fenyx Health Certified Broker contact details: Everett Henderson | (617) 842-3170 | everett@hendersoninsuranceUS.com