■ You Choose The Pet Benefit Plan That Works Best For Your Needs: Pet Owners Can Select From A Variety Of Monthly Contribution Plans To Build Their Pet Medical Expense Account Balance To Target Maximums From $2,500-$20,000
■ Flexible Monthly Payment Options: 6 PHMA® Product Options With Monthly Contribution Amounts Ranging From $40 Per Month To $259 Per Month Can Fit Any Pet Owner’s Budget And Includes The Ability To Scale Up Or Scale Down The Monthly Contribution Amount And Its Corresponding Target Account Balance Cap As Needed
■ Enjoy Paid-Up Pet Benefits!: No Further Monthly, PHMA® Account Balance Contribution Once Account Balance Reaches Target Account Balance Cap (Only Maintenance Fees Are Required)
Pet Health Matching Account Services is the exclusive provider of the PHMA® product with monthly contribution plans that are all designed to reach a corresponding target account balance cap ranging from $2,500 all the way up to $20,000. The six different Pet Health Matching Account (PHMA®) plan options are designed to fit into any pet owner’s budget in order to accommodate any pet owner who is seeking to build a valuable, pet medical savings account in order to greatly reduce all of their out-of-pocket, veterinary expense obligations.
Once pet owners reach their target PHMA® account balance caps, their PHMA® account is considered paid up, and they are no longer responsible for contributing the full amount every month towards their PHMA® account balance and will only be paying maintenance fees until another veterinary pet medical expense is paid for using their PHMA® account. This important incentive and benefit serves as a reward for your pets’ good health and will serve to drastically decrease the PHMA® owner’s monthly amount that they are contributing towards the PHMA® program.
The PHMA® program is also extremely flexible and provides participants with the ability to adjust their monthly contribution amounts and target account balance caps in order to scale up or scale down their benefits as they see fit. PHMA® account balances are permitted to carry over year-to-year, and just as importantly, they can also be used for not only multiple pets at once but for any new pets that you bring into your household as the years go by.
The PHMA® is a pet medical benefit savings account used for veterinary expenses that awards a monthly, pet medical benefit crediting to each participant’s monthly contribution. The crediting rate grows following each monthly contribution in order to rapidly increase the PHMA® account balance that can be used to pay for most all, out-of-pocket, veterinary expenses. The PHMA® monthly crediting results in pet owners’ receiving access to up to $2 or more in pet medical benefits being awarded to the participant’s PHMA® account balance for every $1 contributed as the program progresses.
The PHMA® Pet Medical Reimbursement Visa® Prepaid Card is issued by The Bancorp Bank pursuant to a license from the Visa® U.S.A Inc. The Bancorp Bank; Member FDIC.
Card may not be used everywhere Visa® debit cards are accepted. See Cardholder Agreement for list of eligible goods, services and merchants.