National General Benefits Solutions’ Self-Funded Program has health benefit plans for small to mid-sized businesses that could lower employer health care costs while providing quality major medical coverage to employees.
If you choose a level-funded option, you make one simple monthly payment that goes toward three program components – claims, plan administration, and stop-loss insurance. The monthly payment is determined upfront and guaranteed not to increase for a full year as long as there are no changes to the group’s benefits or enrollment.
You see where your claims dollars go and with built in cost containment programs, you have line of sight to making impactful plan decisions that protect your bottom line. At the end of the year, if claims are lower than expected, you may get a refund.
When a group has higher-than-expected claims, stop-loss insurance kicks in to pay for covered claims to protect your finances and limit financial exposure.
Claims administration, member services, and reporting are all taken care of with the National General Self-Funded Program. This allows you to focus on what you do best – running your business.