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Allied™ Funding Advantage

Published byRosa Morton Modified over 6 years ago

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Presentation on theme: "Allied™ Funding Advantage"— Presentation transcript:

1 Allied™ Funding Advantage
Advanced Alternative Funding Training

2 OVERVIEW What Makes the Plan Successful Proposals Claim Fund
Stop Loss Policy Enrolling a Group OVERVIEW

3 PLAN KEY HIGHLIGHTS KEY POINTS FOR THE PLAN
Contained Risk – Employer Protection Stabilized Cash Flow Pre-packaged Plan – All-in-One Claim Fund Savings PLAN KEY HIGHLIGHTS

4 WHAT MAKES ALTERNATIVE FUNDING PLANS WORK
Healthy Risk Pool Smart Health Care Consumption Good Plan Design Follow the Money Participation Commitment WHAT MAKES ALTERNATIVE FUNDING PLANS WORK

5 Proposal Ease of Presentation COVERAGE PROPOSALS

6 COVERAGE PROPOSALS Annual Cost Summary Claim Fund Stop Loss
Admin & Sales Maximum Costs Expected Costs COVERAGE PROPOSALS

7 Monthly Costs Composite Rates Cost Breakdown COVERAGE PROPOSALS

8 COVERAGE PROPOSALS ERISA Benefit Plans Available:
Premium Advantage Plans HSA Qualified Plans Indemnity Freedom COVERAGE PROPOSALS

9 CLAIM FUND Accounting – Fully Insured vs Alternative Funding Reporting
Monthly Accounting Quarterly Utilization CLAIM FUND

10 CLAIM RUN OUT 12/21 – 9-month Run-Out No Additional Fees
Claim Fund Refund CLAIM RUN OUT

11 STOP LOSS POLICY Plan Year Specific Stop Loss Aggregate Stop Loss
Accommodation Consequences of Early Termination STOP LOSS POLICY

12 IMPORTANT THINGS TO KNOW
Employer Enrollment Changes COBRA Employer Directed Claims Payments IMPORTANT THINGS TO KNOW

13 ENROLLMENT & UNDERWRITING
For Groups of 10 to 99 Medically Underwritten Medical Enrollment Form <50 – Traditional 50+ – Simplified Prescreens for Quotes ENROLLMENT & UNDERWRITING

14 ENROLLMENT & UNDERWRITING
Submission Requirements Final Proposal Employer App Employee Enrollment Forms & Waivers Current & Renewal Rates Quarterly Tax/Wage Report Employer’s First Payment ENROLLMENT & UNDERWRITING

15 GET YOUR ADVANTAGE TODAY! Website: www.alliednational.com
Phone: Fax: Quote Website: The RIGHT Benefits. The RIGHT Price.

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