Page 7 - Revolution Health Plans Brochure 2024
P. 7
Patriot Series Value Proposition Revolution Health Plans: Patriot 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 Patriot Series uses a unique Deductible and Coinsurance Maximum that limits
employees turn to The Patriot Series.
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 Patriot Series plan designs offer extremely rich benefits focused on
manageable copays for almost all outpatient care and prescription drugs. By far, most medical encounters are covered by manageable copays as indicated on
Deductibles and Coinsurance apply to very limited categories of benefits, the following pages. This structure keeps employee costs more manageable than most
primarily inpatient hospital and facility charges. Copay plan designs other benefit plans offered in today’s marketplace while still limiting maximum out of
like these provide increased predictability, allowing employees to better
pocket exposure.
budget for medical expenses. As a result, The Patriot Series yields high
employee satisfaction.
WIDE RANGE OF COST SHARING
The rich benefits of The Patriot 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 Revolution 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.
6 7