NU Online News Service, Oct. 14, 2003, 11:35 a.m. EDT – Blue Cross and Blue Shield of North Carolina, Chapel Hill, N.C., has started selling Freedom Account health reimbursement arrangement accounts with its Blue Options PPO health plan.
After employers fund the accounts, employees can choose their own level of PPO office visit co-pays, deductibles, coinsurance and prescription drug co-pays, North Carolina Blue says.
Employees who want to buy extra benefits can do so through a payroll deduction system.