Medical Savings Account

New Benefit: Fenyx Health Group Medical Savings Account (MSA)
The Southern Virginia Chamber of Commerce is proud to partner with Fenyx Health Group to bring an exclusive, innovative healthcare option to our community's Medicare-eligible retirees and seniors.

Through this partnership, qualifying members can access a specialized Medical Savings Account (MSA) Medicare Advantage plan that features no monthly premiums and no out-of-pocket plan costs to get started.

How It Works & What You Receive
An MSA works similarly to a Health Savings Account (HSA) but is tailored specifically for Medicare. It combines a high-deductible health plan with a dedicated medical savings bank account.

Substantial Cash Deposits: Fenyx Health deposits a significant cash sum directly into your MSA bank account at the beginning of the year.

You Control the Funds: You decide how to spend, save, or invest that money for your qualified medical expenses.

Keep What You Don't Spend: Any funds remaining in your account at the end of the year roll over for future use—it’s your money to keep.

$0 Monthly Premium: You get comprehensive coverage with a $0 monthly plan premium.

Is This Plan Right for You?
This plan is an excellent fit for retirees who want more control over their healthcare dollars and enjoy the financial benefit of keeping leftover funds at the end of the year.

Ready to Learn More?
Spaces and qualifications may vary based on your specific retirement or membership status. Get all your questions answered and find out exactly how much cash you qualify to receive in your account.