Health Reimbursement

Arrangement

Level Funding

Self-Funding

Medical Management

Reference Based Pricing

Prescriptions

Find out how Metro Area Group Insurance Consultants can impact your health care benefits bottom-line through cost-savings and expense management.

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Strategies

 

 

 

Employers Like You Often Struggle to Find Healthcare Benefits Options that Give You the Control

 

Are you struggling to find healthcare benefits solutions that give you the control, flexibility and value you need? With level-funding you get better control over your health benefits, the flexibility to tailor your plan design to your specific needs, and the opportunity to realize savings if your group’s claims are lower than expected.

 

Level-Funding has many advantages, including:

 

  • Opportunity for future savings and annual refunds

  • Predictable payments

  • Savings on state premium taxes

  • No Health Insurance Tax

  • Exemption from some ACA and state mandated benefits requirements

  • Claims Reporting and Transparency of healthcare dollars

  • And more….

 

How does level-funding work? You pay a fixed monthly payment, which is divided three ways:

 

  • Stop-loss premium

  • Administrative expenses

  • Claim pre-funded account

 

When employees have covered claims, they are paid out of the claim pre-fund account. If claims are more than what you funded, the stop-loss insurance pays the balance. This means you are protected against large, unexpected claims.

 

If your claim activity is favorable, you may end up with a surplus in the claim pre-fund account at the end of the policy year. You may choose to get some or all of the surplus back in the form of a refund.

Level Funding

MAGIC Health Insurance Solutions

14-B E. Cherry  Street

PO Box 1130

Sunbury, OH

43074

(844) 800-MAGIC

(740) 965-3560

Strategies

 

 

 

Employers Like You Often Struggle to Find Healthcare Benefits Options that Give You the Control

 

Are you struggling to find healthcare benefits solutions that give you the control, flexibility and value you need? With level-funding you get better control over your health benefits, the flexibility to tailor your plan design to your specific needs, and the opportunity to realize savings if your group’s claims are lower than expected.

 

Level-Funding has many advantages, including:

 

  • Opportunity for future savings and annual refunds
  • Predictable payments
  • Savings on state premium taxes
  • No Health Insurance Tax
  • Exemption from some ACA and state mandated benefits requirements
  • Claims Reporting and Transparency of healthcare dollars
  • And more….

 

How does level-funding work? You pay a fixed monthly payment, which is divided three ways:

 

  • Stop-loss premium
  • Administrative expenses
  • Claim pre-funded account

 

When employees have covered claims, they are paid out of the claim pre-fund account. If claims are more than what you funded, the stop-loss insurance pays the balance. This means you are protected against large, unexpected claims.

 

If your claim activity is favorable, you may end up with a surplus in the claim pre-fund account at the end of the policy year. You may choose to get some or all of the surplus back in the form of a refund.

Level Funding

Health Reimbursement

Arrangement

Level Funding

Self-Funding

Medical Management

Reference Based Pricing

Prescriptions

Find out how Metro Area Group Insurance Consultants can impact your health care benefits bottom-line through cost-savings and expense management.

Level Funding

14-B E. Cherry  Street

PO Box 1130

Sunbury, OH

43074

(844) 800-MAGIC

(740) 965-3560

Level Funding

Employers Like You Often Struggle to Find Healthcare Benefits Options that Give You the Control

 

Are you struggling to find healthcare benefits solutions that give you the control, flexibility and value you need? With level-funding you get better control over your health benefits, the flexibility to tailor your plan design to your specific needs, and the opportunity to realize savings if your group’s claims are lower than expected.

 

Level-Funding has many advantages, including:

 

  • Opportunity for future savings and annual refunds
  • Predictable payments
  • Savings on state premium taxes
  • No Health Insurance Tax
  • Exemption from some ACA and state mandated benefits requirements
  • Claims Reporting and Transparency of healthcare dollars
  • And more….

 

How does level-funding work? You pay a fixed monthly payment, which is divided three ways:

 

  • Stop-loss premium
  • Administrative expenses
  • Claim pre-funded account

 

When employees have covered claims, they are paid out of the claim pre-fund account. If claims are more than what you funded, the stop-loss insurance pays the balance. This means you are protected against large, unexpected claims.

 

If your claim activity is favorable, you may end up with a surplus in the claim pre-fund account at the end of the policy year. You may choose to get some or all of the surplus back in the form of a refund.

Employee Benefit Services

MAGIC Health Insurance Solutions

14-B E. Cherry  Street

PO Box 1130

Sunbury, OH 43074

(844) 800-MAGIC

(740) 965-3560