Do I have to change carriers?
No, you keep your group health insurance program as-is. This program gets layered right on top of your current health plan. You can have some employees on a PPO plan, and some on an HMO plan... and our program eliminates the deductible liability for all of your employees?
How does it work?
It’s a gap plan that covers medical services that fall under the major medical plan’s deductible and coinsurance. How much? Up to $5,000 of your employees’ inpatient expenses, and up to $2,500 of outpatient expenses. It is designed to cover the things that your major medical plan doesn’t cover in full... like deductibles and coinsurance expenses that come from urgent care visits, lab work, x-rays, emergency room visits, surgeries, hospitalizations, and much more.
How much does it cost?
Typically, the program results in a net zero cost for the employees, and a net zero cost for the employer too. Watch the video below to see how it works.
How does it benefit the employer?
Employers typically save $500 - $1,000 per employee per year in FICA taxes alone by offering this program to their employees, so a 20-employee company will most likely save $10,000 - $20,000 per year. Find out if your company qualifies by clicking one of the links below!
