Texas-founded Lasso Healthcare – a subsidiary of Port Holdings, inc. – caused quite a buzz in the senior insurance industry in 2018 when they announced their Lasso Medical Savings Account (MSA) Medicare Advantage Plan. The plan is open to a small number of states in 2019 and will be expanding in 2020.
These are Lasso Healthcare's current products and state availability for 2020, as well as information on contracting and appointment.
Current as of 05/05/2020
AR AZ CO DC DE GA IL IN KS KY LA MD MN MS MT NC ND NM NV OH PA RI SC SD TX UT WY
Current as of 05/01/2020
Lasso Healthcare MSA is a high-deductible health insurance plan with a dedicated medical savings account. Policyholders pay no premiums or copays with Lasso MSA, and there is no network, allowing your clients to visit any provider who accepts Medicare patients.
Funds from Medicare are deposited into a policyholder’s MSA and the policyholder is issued a debit card from which to pay for health care expenses. If used toward Medicare-covered expenses, this spending counts toward the policyholder’s deductible. The funds initially deposited in the MSA cover a portion of the total deductible, with the remainder paid by the policyholder. Until you meet your yearly deductible, you pay up to 100% of the Medicare-approved amount. After you meet your deductible, you pay $0 for Medicare-covered services.
Prior authorizations and/or physician referrals are not required. Unused MSA funds roll over into the following year.
Some information may vary by state. See state-specific information and rates.
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