Level Funded Health Plans

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.   

 Plan Highlights:

  • Level-Funded Group Plans
  • "A" Rate Reinsurance Carriers
  • National / State Provider Networks
  • Employee Eligibility is 30 hours 
  • Min Size - 5 Employees in Most States
  • Subject to Medical Underwriting 
  • State Minimum Requirements

  Insurance products offered are based upon:

  • State Location, Number of Employees, Provider Network & Underwriting Results

Available Insurance Carriers Include But Not Limited To The Following:

National General, Medova, HMA , Focus 

Plan Basics

Level Monthly Premiums

 Groups will have a fixed or level monthly monthly associated with funding of its member health coverage.   

"A" Rate Reinsurance Carriers

 Groups medical plans underwritten by "A" rated reinsurance carriers. 

Preferred Premium Pricing

Groups have access to preferred member pricing for the group health insurance plan.   

National / State Networks

Groups can select from a national or regional state specific network if available to use for their plan.  

Employee Eligibility

Minimum employee eligibility is 30 hours per week. 

Group Minimum Size

In most states a minimum of 2 non-related employees required to be eligible for benefits.