Unlike traditional health plans, All Savers® Alternate Funding from UnitedHealthcare is truly tailored to your business. And if your employees are healthier and have lower claims than expected, your health plan may have a surplus at year-end that's returned to you as a refund.*
Yes, but they differ from a purely self-funded arrangement in important ways. All Savers plans provide additional protection from large catastrophic medical claims with a stop loss insurance policy. So you won’t have to pay more for medical claims throughout the year or at the end of your plan year, even if you have high medical claims costs.
Your costs don't change month to month. All Savers locks in a level-funded monthly payment for the plan year, regardless of your actual employee medical claims.
Your fixed monthly payment goes toward 3 things:
Every month when you make your payment, part of it goes toward stop loss insurance. This provides coverage for unexpected high medical claims.
Yes. And they’re included in your plan at no additional cost to you or your employees. Because they’re designed to help your employees get healthier, they may help lower medical claims and provide more savings for everyone.
The 2 biggest reasons: more potential savings and more control. With a fully insured plan, your health care costs are based on a wider pool, including businesses that may have higher overall medical claims. All Savers is based only on your employees’ medical claims. So when their medical claims are lower than expected, you may get a potential surplus refund at year-end.
And when you have a self-funded plan like All Savers, your business may be exempt from many Affordable Care Act regulations and state insurance mandates that can be costly for some small businesses. You may also pay lower premium taxes.
With a variety of plan designs and provider networks available, All Savers can be truly customized to fit your business. It’s worth your time to compare these health plans with your traditional (fully insured) plan to see which may be the better fit.
With a variety of plan designs and provider networks available, All Savers can be truly customized to fit your business. It’s worth your time to compare All Savers with your traditional (fully insured) plan to see which may be the better fit.