What are Level-Funded Health Programs?
Level Funded Health Programs resemble hybrids of traditional small group health insurance plans and self-funded insurance. This allows small businesses to step outside of the Affordable Care Act (ACA), and provide their own health benefits. The plans include a stop-loss insurance policy that acts as a hedge against claims over the total funded amount monthly. Other benefits could include monthly premiums savings of 30% or more, as well as a potential end of year refund. 50% of businesses across the U.S. see refunds on these types of programs.
We work with the following Level Funded Carriers:
- BCBS Blue Balanced Funded Program
- National General