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SELF-FUNDED EMPLOYEE BENEFITS for Healthcare Providers
Rising costs and increased instability in the healthcare marketplace have prompted more employers of all types and sizes to consider self-funding as a solution to provide more economical, quality bene�ts to their employees. The Kaiser Family Foundation released last year that health insurance premiums have increased 80% in the last 10 years. Where do you think they will go in the next 10 years with the A�ordable Care Act in place?
Taxes- 3%-5%Carrier Pro�ts- 4%-8%Network Narrowing- 5%-10%Employee Steerage- up to 50% per claimWellness- $5 to $1 ROIPharmaceutical design and rebates
medTRANS has a proven track record since 2010 of helping our members take control of what is typically their 2nd largest expense. We have companies that have had premium decreases 4 years in a row and loss ratios as low as 30%.
Je� Gregg [email protected] • www.medtransltd.com ph 412-443-5238 • fx 412-453-4569
MedTRANS Insurance Ltd. 314 Old Route 30 • Greensburg, PA 15601
Bene�ts of Self-Funding with medTRANSSelf-funded plans are not charged the new 2%-5% taxes to pay for the ACA.No New Taxes
Reduced Fixed Costs Self-funding limits your administrative costs and eliminates carrier pro�ts.
Improved Cash Flow You will pay for your claims as they occur, greatly bene�ting your cash �ow.
Complete Plan Design Flexibility Your plan can be customized to whatever you want; co-pays, deductibles, HSA’s, HRA’s, etc.
Multiple Networks Available Blue Cross, Aetna, Cigna, United and more regional
Look and Feel of Fully Insured
Your employees will not know that you are self-funded unless you tell them. It looks just like your current fully-insured plan.
Known Maximum Liability
At the very beginning you will know what your maximum monthly and yearly costs are.Dental and Vision Self-Insured Plans Available
Collaboration Compare your spend to other members from your industry
Cost Containment Measures Cost/quality, wellness, steerage, pharmaceutical savings and rebates.
Financial Security Your plan is backed by the medTRANS Captive and Sun Life Financial.
No State Mandates
Potential Savings
Take the �rst step and learn if self-funding is right for your company!
If your state requires you to pay for in-vitro, chiropractic, etc. with medTRANS you are not required to.