The Next Generation | Limited Day Health Plans for Employers
Innovative expense-incurred plans with NO DEDUCTIBLE
WHAT IS LEVEL FUNDING?
Level funding allows small employers to enjoy the cost savings and refund potential of self-funding a health plan with no risk from large claims.
Twelve level monthly payments each year covers all the costs for your plan. The only risk is not earning a refund at the end of the year!
THE AFFORDABILITY CRISIS
Millions of employees can’t afford the employee contribution on their employer-sponsored medical plan.
Many employees who can, realize that they could never come up with the $2,000 to $6,000 necessary to meet their deductible.
Our expense-incurred plans make it easier for employees to budget for their healthcare expenses, since they simply pay a copay for covered services. Our plans take care of the rest. For employers, the plans’ built-in level-funding also means predictable costs. As a result, these plans are unlike any other health plans in the market today.
EXPENSE-INCURRED LIMITED DAY PLANS INCLUDE:
Preventative Services 100%
Expense-incurred Outpatient (Limited Day)
Expense-incurred Hospitalization (3 Days)
Coterie Advisory's expense-incurred limited day plans are ideal for small groups who can’t afford major medical coverage for employees or even large, national organizations that need a solution for hourly workers.
These plans include more comprehensive benefits than indemnity-based limited-benefit plans. As a result, even employers that can’t offer Minimum Value Plans (MVPs) to their entire employee population will still have a valuable tool to recruit and retain high-quality employees.
WHAT ARE THESE PLANS
DESIGNED TO ACCOMPLISH?
Give large employers, including those that offer MVPs to full-time employees, a solution for their part-time, seasonal and temporary workers.
Meet the needs of smaller employers that cannot afford to offer their workers an ACA-compliant MVP.
Give employees the freedom to choose the types of benefits that meet their needs and budget.
Provide an affordable solution that is ideal for industries like restaurants, retailers, staffing firms, construction companies, and security guard firms.