Learn More About Group Insurance

FULLY INSURED PLANS

"Fully Insured" is what most people mean by "insurance". The individual, and or his employer, pays a premium to the insurance premium to the insurance carrier, in return, the insurance carrier is responsible for paying future medical claims. These plans will include Individual or family deductible, annual maximum out of pocket and the individual share of coinsurance percentage such as 80/20...

SELF FUNDED PLANS

Self-Funded health benefit plans provide small to medium size business a convenient and safe way to provide more affordable health care benefits to their employees and families, so they can enjoy the benefits of self-funding without taking on the added risk. These plans are governed by federal law and must provide minimum essential coverage under the Affordable Care Act. Self-Funded plans are underwritten...

LEVEL FUNDED PLANS

Level-funding has recently attracted far more attention among larger small employers (those nearing 50 full time employees) or smaller large employers. Level-funding is simply self-funding done small, usually by an office or offshoot of a fully- funded insurance carrier.  Level- funding providers offer their services to companies down to 10 full time employees...

GROUP COVERAGE FAQ

Visit our FAQ page to find answers to common questions.