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Funding Advantage Plans

Agent Home > Group Health Plans > Funding Advantage         

             

 

Do your clients receive money back from their insurance for being healthy?
The Funding Advantage plan is for employers with 10 to 99 employees with good health experience who feel they are
paying too much premium for too little in benefits. Do you receive money back from your insurer for being healthy?
If the answer is NO, then the Funding Advantage plan could be the right alternative for you.


Funding Advantage saves employers money by paying claims with the employers own money instead of just insurance premiums. Employers are provided maximum protection with Stop Loss insurance that provides coverage if claims grow larger.

> Download marketing materials and forms. Questions?  Call Sales Support at 888-767-7133.


With Funding Advantage, employers pay a monthly cost that is their maximum cost. No matter how much their claims are in a month,
they will never pay more than this monthly cost. After all of their claims are paid for the year, the unused money in their claim fund is returned to them.

>Click here to view frequently asked questions about the Funding Advantage plan.
The Advantages of Funding Advantage:

> Your clients don’t buy insurance for
benefits that they don’t use. Unused claim fund money is returned to the employer at the end of the plan year.

> Stop loss insurance fully protects employers from larger claims. They will
never have to pay more than the maximum monthly cost.

> The predictability of a level monthly cost - there are no extra charges to if your clients have high claims.

> This plan is an ERISA plan that is exempt from some of the new federal Affordable Care Act regulations - particularly those parts that will cause fully insured premiums to climb substantially in 2014.



State Availability
The Funding Advantage plan is currently available for sale in CA, GA, IA, IL, IN, KS, MO, NE, NV, OH, OK, TN and TX. The plan is also approved for sale in other states. Please contact Allied Sales Support for quotes in states not listed above.

Carrier Information
Stop Loss insurance coverage is underwritten by American Alternative Insurance Corporation (AAIC).  AAIC is rated A+
(Superior) by A.M. Best Company.

> Find out more about our carriers.

 

   

> Download Proposal Software

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> Co-op Marketing Resources for GAs
and Agents!

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> Value-added Benefits

Allied's Group Health Plans give you access to an array of benefits.


> Appointment Forms
Applications for carrier appointments and compensation agreement

 

 

 
 

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