The only investment-focused option in Medicare Advantage
The Sole Proprietor Plan Design
Fenyx Health Group MSA Sole Proprietor
$0
monthly member premium
$250
monthly group fee ($200 is deposited in your MSA bank account)
$5,000
annual deductible
$2,400
annual deposit from Medicare
$2,400
annual deposits from group
$200
covered services out-of-pocket
(deductible – deposits)
Deposits and deductible are prorated for partial year enrollments.
View the Summary of Benefits and Evidence of Coverage documents for this plan.
Think through these important considerations when evaluating any coverage option
Which Plan is Right For You?
Consideration 1:
What kinds of health care services have you used in recent years such as professional, outpatient, inpatient, emergent, drug and more?

Consideration 2:
How much did you pay toward those services? How much did any insurance you had at the time pay?

Consideration 3:
What kind of health care services do you anticipate needing in upcoming years?

Consideration 4:
Many plans require out-of-pocket costs. What assets do you have to cover the annual covered services out-of-pocket (the difference between the deductible and deposit)?

Consideration 5:
MSA members who have deposit money remaining at the end of the benefit year typically:
- Enjoy managing their own health
- Have 3 or fewer well-managed chronic conditions
- Have minimal inpatient and Part B drug spend
- Obtain smart, preventive care versus avoiding care

PENNSYLVANIA, JUNE 23, 2025 – Fenyx Health Insurance Company today announced a new collaboration with Select Health, a non-profit health plan based in Salt Lake City, Utah to offer low-cost, high-value Medicare Advantage options to employer groups. The offering includes Group Medicare Medical Savings Account (MSA) plans designed to provide affordable, flexible coverage for Medicare-eligible retirees and employees.
Fenyx Health and Select Health are focused on delivering innovative, simple, and affordable coverage options for Medicare-eligible employees and retirees. However, traditional group Medicare plans are often cost-prohibitive for employers. As a result, many organizations either drop coverage entirely or shift to plans that increase costs or create barriers to care for their members.
The Select Health Group MSA plans will be available to employers of all sizes, as well as unions, associations and local and state government entities in Utah, Idaho, Nevada and Colorado. Offered as a voluntary, optional coverage choice, these plans—ranging from no-fee to low-fee—present a significant cost savings opportunity to employer groups.
MSAs are similar to Health Savings Accounts (HSAs) and are the only Medicare plan type with the potential for members to save and grow funds for future health care needs. Unlike other Medicare plans, MSAs allow members to access any Medicare-participating provider in the U.S. and do not require any additional prior authorizations or referrals.
“We are really excited to work with Select Health to offer these employer group plans,” said Jim Handlan, CEO of Fenyx Health Insurance Company. “Select Health is known for delivering access to high-quality care and service. These MSA plans will help them continue that commitment while meeting the evolving needs of employer groups.”
“Select Health is continually working to offer meaningful solutions that give our employer groups and their retirees better access to affordable healthcare,” said Kaleb Holt, director of Medicare products at Select Health. “Providing plan options that improve access to care and support long-term affordability reflects our broader mission to help people live healthier lives possible—both in the workplace and in retirement.”
Employers and other groups interested in learning more about the Select Health Group MSA products can contact Drew Polish, Fenyx Health Chief Sales Officer, at sales@selecthealthgroupmsa.org or (775) 340-5136.
About Fenyx Health Insurance Company
Fenyx Health changes the way consumers evaluate and use health insurance with Medicare Advantage products that motivate and empower both health and financial accountability. We offer no-fee and low-fee medical savings account (MSA) plans to employers, unions and other employment-related organizations of any size across the U.S.
Pronounced fee·nix, as in our standard group MSA plans eliminate, or nix, the traditionally expensive fees for group-sponsored Medicare Advantage coverage. It is also a nod to the mythical Phoenix rising from its ashes — we believe our group MSA plans are the best version since the MSA’s full-market inception in 2008, offering strong value propositions to groups, beneficiaries, providers and agents. Learn more at fenyxhealth.com
About Select Health
Select Health® is a nonprofit health plan dedicated to simplifying access to healthcare for its more than 1 million members across the Mountain West. Through a shared mission with Intermountain Health of Helping People Live the Healthiest Lives Possible®, Select Health is committed to making this possible through simple, sincere, and seamless experiences and products. Centered around member needs, Select Health offers commercial and government medical plans, as well as dental, wellness products, and pharmacy benefit management. For more information, visit selecthealth.org.
SOURCE Fenyx Health Insurance Company

PENNSYLVANIA, NOVEMBER 12, 2025 – Fenyx Health Insurance Company and The Bullock Agency announced today a series of new partnerships with Chambers of Commerce across Wyoming, aimed at strengthening Medicare options for employers and residents following recent insurer exits from the state’s Medicare Advantage market.
These partnerships are introducing an innovative Employer Group Medicare Savings Account (MSA) Plan, available now for enrollment. This program leverages federal subsidies to fund individual Medicare Savings Accounts and pairs them with a deductible-based structure that covers 100% of all Medicare Part A and Part B expenses once the deductible is met. The solution provides a stable, cost-effective alternative for Wyoming seniors facing limited plan choices in the wake of market disruptions.
Participating Chambers include the Campbell County, Cody Country, Casper Area, Evanston, Lander, Riverton, Rock Springs, Saratoga and Cokeville Chambers of Commerce. These partnerships will help expand awareness, access and enrollment support for the new MSA program statewide.
The Bullock Agency continues to seek additional Chambers, business groups and licensed agents interested in bringing this unique Medicare solution to their members and communities.
To learn more, visit fenyxhealth.com/bullock or contact Casey Major at (307) 288-3609 or email casey@thebullockagency.com.
About Fenyx Health Insurance Company
Fenyx Health changes the way consumers evaluate and use health insurance with Medicare Advantage products that motivate and empower both health and financial accountability. We offer no-fee and low-fee medical savings account (MSA) plans to employers, unions and other employment-related organizations of any size across the U.S. Pronounced fee·nix, as in our standard group MSA plans eliminate, or nix, the traditionally expensive fees for group-sponsored Medicare Advantage coverage. It is also a nod to the mythical Phoenix rising from its ashes — we believe our group MSA plans are the best version since the MSA’s full-market inception in 2008, offering strong value propositions to groups, beneficiaries, providers and agents. Learn more at fenyxhealth.com.
About The Bullock Agency
The Bullock Agency is a rural focused insurance agency specializing in Medicare solutions for individuals and employer groups throughout the mountain west. The firm partners with trusted carriers and community organizations to help Wyoming residents navigate Medicare with confidence and personalized support.
SOURCE Fenyx Health Insurance Company and The Bullock Agency

PENNSYLVANIA, JUNE 23, 2025 – Fenyx Health Insurance Company today announced a new collaboration with Select Health, a non-profit health plan based in Salt Lake City, Utah to offer low-cost, high-value Medicare Advantage options to employer groups. The offering includes Group Medicare Medical Savings Account (MSA) plans designed to provide affordable, flexible coverage for Medicare-eligible retirees and employees.
Fenyx Health and Select Health are focused on delivering innovative, simple, and affordable coverage options for Medicare-eligible employees and retirees. However, traditional group Medicare plans are often cost-prohibitive for employers. As a result, many organizations either drop coverage entirely or shift to plans that increase costs or create barriers to care for their members.
The Select Health Group MSA plans will be available to employers of all sizes, as well as unions, associations and local and state government entities in Utah, Idaho, Nevada and Colorado. Offered as a voluntary, optional coverage choice, these plans—ranging from no-fee to low-fee—present a significant cost savings opportunity to employer groups.
MSAs are similar to Health Savings Accounts (HSAs) and are the only Medicare plan type with the potential for members to save and grow funds for future health care needs. Unlike other Medicare plans, MSAs allow members to access any Medicare-participating provider in the U.S. and do not require any additional prior authorizations or referrals.
“We are really excited to work with Select Health to offer these employer group plans,” said Jim Handlan, CEO of Fenyx Health Insurance Company. “Select Health is known for delivering access to high-quality care and service. These MSA plans will help them continue that commitment while meeting the evolving needs of employer groups.”
“Select Health is continually working to offer meaningful solutions that give our employer groups and their retirees better access to affordable healthcare,” said Kaleb Holt, director of Medicare products at Select Health. “Providing plan options that improve access to care and support long-term affordability reflects our broader mission to help people live healthier lives possible—both in the workplace and in retirement.”
Employers and other groups interested in learning more about the Select Health Group MSA products can contact Drew Polish, Fenyx Health Chief Sales Officer, at sales@selecthealthgroupmsa.org or (775) 340-5136.
About Fenyx Health Insurance Company
Fenyx Health changes the way consumers evaluate and use health insurance with Medicare Advantage products that motivate and empower both health and financial accountability. We offer no-fee and low-fee medical savings account (MSA) plans to employers, unions and other employment-related organizations of any size across the U.S.
Pronounced fee·nix, as in our standard group MSA plans eliminate, or nix, the traditionally expensive fees for group-sponsored Medicare Advantage coverage. It is also a nod to the mythical Phoenix rising from its ashes — we believe our group MSA plans are the best version since the MSA’s full-market inception in 2008, offering strong value propositions to groups, beneficiaries, providers and agents. Learn more at fenyxhealth.com
About Select Health
Select Health® is a nonprofit health plan dedicated to simplifying access to healthcare for its more than 1 million members across the Mountain West. Through a shared mission with Intermountain Health of Helping People Live the Healthiest Lives Possible®, Select Health is committed to making this possible through simple, sincere, and seamless experiences and products. Centered around member needs, Select Health offers commercial and government medical plans, as well as dental, wellness products, and pharmacy benefit management. For more information, visit selecthealth.org.
SOURCE Fenyx Health Insurance Company
PENNSYLVANIA, NOVEMBER 12, 2025 – Fenyx Health Insurance Company and The Bullock Agency announced today a series of new partnerships with Chambers of Commerce across Wyoming, aimed at strengthening Medicare options for employers and residents following recent insurer exits from the state’s Medicare Advantage market.
These partnerships are introducing an innovative Employer Group Medicare Savings Account (MSA) Plan, available now for enrollment. This program leverages federal subsidies to fund individual Medicare Savings Accounts and pairs them with a deductible-based structure that covers 100% of all Medicare Part A and Part B expenses once the deductible is met. The solution provides a stable, cost-effective alternative for Wyoming seniors facing limited plan choices in the wake of market disruptions.
Participating Chambers include the Campbell County, Cody Country, Casper Area, Evanston, Lander, Riverton, Rock Springs, Saratoga and Cokeville Chambers of Commerce. These partnerships will help expand awareness, access and enrollment support for the new MSA program statewide.
The Bullock Agency continues to seek additional Chambers, business groups and licensed agents interested in bringing this unique Medicare solution to their members and communities.
To learn more, visit fenyxhealth.com/bullock or contact Casey Major at (307) 288-3609 or email casey@thebullockagency.com.
About Fenyx Health Insurance Company
Fenyx Health changes the way consumers evaluate and use health insurance with Medicare Advantage products that motivate and empower both health and financial accountability. We offer no-fee and low-fee medical savings account (MSA) plans to employers, unions and other employment-related organizations of any size across the U.S. Pronounced fee·nix, as in our standard group MSA plans eliminate, or nix, the traditionally expensive fees for group-sponsored Medicare Advantage coverage. It is also a nod to the mythical Phoenix rising from its ashes — we believe our group MSA plans are the best version since the MSA’s full-market inception in 2008, offering strong value propositions to groups, beneficiaries, providers and agents. Learn more at fenyxhealth.com.
About The Bullock Agency
The Bullock Agency is a rural focused insurance agency specializing in Medicare solutions for individuals and employer groups throughout the mountain west. The firm partners with trusted carriers and community organizations to help Wyoming residents navigate Medicare with confidence and personalized support.
SOURCE Fenyx Health Insurance Company and The Bullock Agency
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