Types of Plans

---

These days employers can choose from 

traditional group insurance,health care spending accounts, hybrid plans,or an ASO(administrative services only).

We have customers who are very satisfied with each type based on their needs.

The insurance provider sets the limits for each individual within the group along with deductibles and copays for dental,prescription drugs,life insurance and healthcare.Additonal options may include vison care,disability and critical illness.

A Healthcare Spending Account is a pre-determined amount of money provided to employees at the beginning of each benefit year for coverage of their medical and dental expenses.

Claims are submitted by employees and reimbursed in a similar fashion to a conventional benefits plan.  Eligible expenses are paid at 100% up to the total dollar amount available in the HCSA.  A Healthcare Spending Account can replace or exist alongside conventional medical and dental coverage.

A hybrid plan combines the advantages of both conventional benefits plans and HCSAs, resulting in a very flexible and cost-effective solution. The employer can choose where they would like their plan to fall along the defined benefit – defined contribution spectrum. 

You pay a fixed amount every month based on your previous claims history. The budgeting process each year is straightforward. Should actual claims exceed the budgeted amount, you are responsible for the deficit. If your claims are less than anticipated, the surplus is yours to keep.