Alliance Connect is a cost-effective solution to avoid continually rising premiums in a fully insured plan where employers assume direct financial responsibility for the costs of enrollees’ medical claims. The health plan incorporates several potential advantages for both employers and employees including flexibility and customization, budget predictability, claims management, improved cash flow, and transparency with benefits. Employees under Alliance Connect will also have better access to healthcare providers with less of a wait time.
Healthier employees by removing current obstacles to care $0 out of pocket for treatment Not limited by insurance company
Meaningful reduction of major claims expenses No unexpected bills Removal of cumbersome insurance billing process
Competitive advantage in employee recruitment Care Management Reduction of overhead costs by removing account receivable
Next level employee retention Direct access to physicians based on quality Stronger arrangement between plan and provider
Transparent pricing Timeliness of care - Faster pay & no A/R Access to traditionally "Out of Market" care
Transparent insurance plans offer some of the predictability of traditional plans while sharing some of the cost-saving potential of self-funding. Employers pay a fixed monthly contribution into a claims account, sharing the risk of covering healthcare costs with the insurer. This approach offers potential for cost savings and surplus refunds if claims are lower than expected. Maybe even more importantly, these health plans offer monthly claims information giving you the ability to better understand a good policy fit for your company, and leverage that information for the future.
Transparency To See Where Your Dollars Are Spent Long Term Stability Of Payroll Deductions Traditional Network Contract
Improves Employee Retention Looks And Feels Like The Same As Traditional Insurance Familiarity To The Process
Major Reduction Tailor Program For Employee Needs Assurance Of Payment
Flexibility To Choose From Multiple Networks Fee For Service Model
Freedom From Off The Shelf Plans
PPO Security Blanket
Traditional health insurance involves paying a monthly premium to a company that helps cover your medical costs. These plans often involve out-of-pocket costs like copays and coinsurance when you receive care. Depending on the plan, you may have a network of doctors and hospitals you must use to maximize coverage. While navigating claims information can sometimes be challenging, many employers still offer traditional health insurance as a crucial benefit to attract and retain top talent in the competitive job market.
Familiar Insurance Company Brands Employee Satisfaction Traditional Network Contracts
One Carrier For All Plan Components Tax Free Benefits Brands Familiarity To The Process
Improve Employee Health Familiar Insurance Company Assurance Of Payment
Reduce Turnover Fee For Service Model
Helps Attract New Talent