Self-funded plans are a viable alternative to traditional plans for employers who are interested in taking control of their health care options to reduce premium and administrative costs can be reduced. If you decide that self-funding is right for your company, HealthPlus Options, Inc. is a licensed third party administrator who can deliver a full-range of services to complement your unique approach to employee benefits.
We provide access to hospitals and health care professionals, process claims, issue ID cards, manage employee questions, prepare reports and offer cost-containment initiatives such as wellness programs and care management.
To learn more about HealthPlus Large Group plans,
call 1-800-530-9071 or contact your insurance agent.
With a self-funded health plan, an employer puts aside funds to pay for anticipated health insurance claims for employees instead of paying a premium to a health insurance carrier. In this respect, the employer is the insurer and carries the risk associated with high insurance claims.
A licensed third-party administrator, like HealthPlus Options, provides access to hospitals and health care professionals, processes claims, issues ID cards, manages employee questions, prepares reports and offers cost-containment initiatives such as wellness programs and care management. HealthPlus also has stop-loss solutions that protect the employer from individual catastrophic claims or higher than expected total expenses.
Self-funding is an option to consider for employers exhibiting the following characteristics:
HealthPlus is the partner that seamlessly administers your health benefit plan. What's more, HealthPlus delivers a full-range of services to complement your unique approach to this employee benefit:
HealthPlus provides services all over Michigan. Find out if you’re in our service area.
HealthPlus has thousands of providers, hospitals and pharmacies. Find one that’s right for you.
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