Page 4 - BIC's Revolution Health Plan Brochure
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Group Risk Assessment in a Modern World
Benefit Indemnity engages the most modern data and underwriting
technologies available today. From individual health questionnaires
which provide detailed reporting, to consumer metric data, and/or
medical and Rx data, all the way to full experience underwriting, we
are able to work with the full array of industry tools to lead the way
in finding the very best coverage available to a group wishing to find
the rewards provided through the advantages of self-funding their
benefits.
Drawing on decades of experience in self-funded plans, our leadership
employs several ways to evaluate risk and thereby establish rates
appropriate for your group. While insurance carriers will each have
their own rating formulas, our risk evaluation systems will help you
get to the final decisions and offers as accurately and efficiently as
possible. Often, we can provide firm rates with a few days of receiving
a complete request for proposal.
Groups from 25 enrolled to ~150 enrolled employees are eligible
for our Revolution Health Plans Automated Risk Assessment which
is outlined in more detail below. Be sure to check with your BIC
Representative for market updates and new products which may have
even wider ranges for automated risk analysis and rate development.
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