Page 167 - 2017 PARADE STYLE MAGAZINE-Spreads2
P. 167

A LOOK INSIDE THE GSABA

                                                                    Group Medical Program





                                                                             ENROLL NOW TO LOCK-IN RATES UNTIL OCTOBER 2018!




                                                                        What makes the Greater San          actuarial firm to scale each         OneDigital Health & Benefits
                                                                        Antonio Builders Association        potential member company up or       administers the plan and manages
                                                                        Group Medical Program so price      down on a premium grid. The          a significant amount of the
                                                                        competitive compared to other       program rates average a 15%-30%      administrative duties including:
                                                                        options in the market, and how      savings on healthcare premiums.      n Addition of new employees to
                                                                        does it work?                                                             your plan(s)
                                                                                                            The Group Medical Program is         n Termination of employees off your
                                                                        The simple answer lies in its status as   administered under one contract   plan(s)
                                                                        a ‘bona fide’ Association program   with nine plan options: Six PPOs and   n Cobra administration for all of
                                                                        which provides numerous member      three HSAs. You can offer as many     your plans at no cost
                                                                        benefits.                           of these plans as options to your    n Billing issues
                                                                                                            employees that you want and          n Claims adjudication
                                                                        The GSABA Group Medical             deem necessary.                      n Compliance issues
                                                                        Program allows companies to                                              n And so much more
                                                                        be underwritten outside of the      In addition to the underwriting
                                                                        community rating and off the        advantages, the program is written   We price all carriers in the market
                                                                        exchange. This means that GSABA     as one large group and therefore     on a daily basis, bringing your
                                                                        rates are determined by claims      benefits from price advantages due   company the cost and quality
                                                                        experience reports or the health    to its size and favorable loss ratio.   assurance and overall savings,
                                                                        status of employees.                Participating companies benefit      compared to other Association
                                                                                                            greatly at renewal time with         plans.  After qualifying through
                                                                        These reports and health            minimal rate increases around 5%.    underwriting, these savings are
                                                                        statements are reviewed by an                                            passed down to our plan members.






                                                                                                                           Learn How Member Companies Have
                                                                                                                             Saved Over $500,000 In Premiums
                                                                                                                               Since The Program Launched In

                                                                                                                                           October 2016.










                                                                           Richard Weinstein | 281.833.9328 | rweinstein@onedigital.com




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