Which type of health plan is designed to draw from a savings account like a bank account?

The type of health plan designed to draw from a savings account like a bank account is a consumer-directed health plan. This type of plan typically combines a high-deductible health insurance policy with a tax-advantaged savings account, such as a Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA).

The key feature of consumer-directed health plans is that they put more financial responsibility in the hands of the consumer, allowing them to use the funds in their savings account for eligible medical expenses. This can empower individuals to make more informed healthcare choices and manage their healthcare spending effectively.

In contrast, the other types of health plans focus on different structures and levels of provider networks, rather than on the financial management aspects associated with a savings account. Preferred Provider Organizations emphasize a network of preferred providers, while Health Maintenance Organizations typically require members to choose a primary care physician and get referrals for specialist services. Point of Service Plans blend features of HMO and PPO plans, allowing for some flexibility in choosing providers but still lacking the savings account component inherent to consumer-directed health plans.