A level funded health plan (also known as a partially self-funded plan) is a type of health insurance plan that combines the cost savings and customization of self-funding with the financial safety and predictability of fully funded plans. Plans are medically underwritten. The premiums are based upon the risk in the group and are set and level for the initial 12 months.
Insurance products offered are based upon:
Available Insurance Carriers Include But Not Limited To The Following:
National General, Medova, HMA , Focus
Groups will have a fixed or level monthly monthly associated with funding of its member health coverage.
Groups medical plans underwritten by "A" rated reinsurance carriers.
Groups have access to preferred member pricing for the group health insurance plan.
Groups can select from a national or regional state specific network if available to use for their plan.
Minimum employee eligibility is 30 hours per week.
In most states a minimum of 2 non-related employees required to be eligible for benefits.
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