Fully Insured

What are Fully Insured Health Programs?

What are Fully Insured Health Programs?

Fully Insured Health Programs is a health plan that the employer purchases from a commercial insurer, providing coverage for its employees. The employer pays premiums to the insurer, and the insurer takes on the financial risk of providing coverage to their employees and administering the plan. Some of these premiums are passed on to the employees through payroll deductions.

If an employee has a medical claim, the insurer is responsible for paying the medical bills, not the employer. This is in contrast to self-insured health plans where the employer is responsible for paying.

We work with the following fully-insured carriers, and SWMTIC can get you the coverage you need for your business.
  • BlueCross BlueShield
  • PacificSource
  • Montana Health Coop