Page 7 - Precision Health Plans - Brochure 2024

Industrial Series Value Proposition Precision Health Plans: Industrial Series

In today’s times of health care crisis and financial uncertainty, employers INNOVATIVE HYBRID COST SHARING
  seeking to provide elite benefits with first-dollar coverage to valuable The Industrial Series uses a unique Deductible and Coinsurance Maximum that

employees turn to The Industrial Series.
limits employee costs for unexpected and expensive medical encounters such as a
hospital stay. All plans also protect against excessive costs associated with copays by
including an Out-of-Pocket (OOP) Maximum that is compliant with ACA regulations.
Our Industrial Series plan designs offer extremely rich benefits focused
on manageable copays for almost all outpatient care and prescription By far, most medical encounters are covered by manageable copays as indicated on

drugs. Deductibles and Coinsurance apply to very limited categories of the following pages. This structure keeps employee costs more manageable than most
  benefits, primarily inpatient hospital and facility charges. Copay plan other benefit plans offered in today’s marketplace while still limiting maximum out of

designs like these provide increased predictability, allowing employees
pocket exposure.
to better budget for medical expenses. As a result, The Industrial Series
yields high employee satisfaction.
WIDE RANGE OF COST SHARING

The rich benefits of The Industrial Series can be offered alongside any of our other plan

The HRA EZ Plan design options combine the above strategy with single series, providing flexibility to your employees while holding the line on your cost. This
defined contribution methodology delivers high employee satisfaction, giving them
  deductibles, which lend added simplicity to an employer's cost sharing the ability to choose benefits based on their own individual needs, with no additional
strategies and communication. These products also include turnkey
administration of Health Reimbursement Arrangements (HRA). burden to the employer.

WHAT IS A HEALTH REIMBURSEMENT ARRANGEMENT (HRA)?
  Your choice of strong PPO network options or innovative facility pricing. An HRA is a simple program where an employer sponsors benefits with a

high deductible and then uses the savings to lower the deductible costs only for
those employees incurring related expenses. Because most employees do not spend

  Maximize employee satisfaction and employer budgeting strategies by the deductible, the savings outweigh the exposure. The HRA EZ plans in this series
make it easy to introduce while we handle all of the administrative work.
offering up to four different Precision plan designs to your employees.

Our exclusive Self-Funded Exchange Marketplace with electronic
  enrollment and Group Risk Assessment provides efficiency and educated

direction for your benefit strategies.

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