Funding Advantage Group Submissions

New guidelines for easier underwriting

Allied National has updated its underwriting guidelines for its major medical Funding Advantage Plans. In short, groups of 2-14 enrolled employees and virgin groups will require full individual health questionnaires (IHQs). For groups of 15+ enrolled employees, there will be no IHQs as long as the required support materials are provided and the groups are not virgin groups.

Groups 2-14 Requirements;
Including Virgin Groups

Minimum employee participation rate is 50% pre-waiver and no waivers required; no minimum dependent participation; no owners only

• A group census including all employees and dependents enrolling in coverage
• Medical employee enrollment form
  
• Current carrier bill (for non-virgin groups) that lists employees
• Full renewal packet
• 2-14 Plan sponsor statement
• Recent SQUTR, wage, tax or payroll register

Groups 15+ Requirements;
​Excluding Virgin Groups

Minimum employee participation rate is 50% and no waivers required; no minimum dependent participation

Database Underwritten Quotes

• Group census, including all employees and dependents enrolling in coverage
  
• Current carrier bill
• Full renewal packet including large claim information
  

Complete Submission

• Final enrollment census, including all demographic information for employees and dependents
• 15+ Plan sponsor statement including employer disclosure statement
  
• Experience if self-funded​

For additional information, visit our Funding Advantage Resources & Forms page.

Funding Advantage Resources & Forms