MBA is an advocate of high deductible health plans that significantly reduce insurance premiums without changing employee benefits!

HDHP
Are you pre-paying for healthcare benefits that your employees never use?
In a recent nationwide healthcare study, it was discovered that 70% of the population spends less than $500 per year on healthcare. Does it make sense financially to keep pre-paying for high-cost healthcare plans that carry little or no deductibles and out-of-pockets when the majority of your plan participants are not utilizing these benefits? Employers already know the answer to this question but are faced with a more important dilemma. How do we compete for a workforce and/or maintain union contracts if we strip away or change the one thing that our employees rely on the most – their benefits? The answer is AmeraGap.

What is HDHP?
A product that combines a fully insured, high deductible health plan (HDHP) with Third Party Administration, to create a health plan that significantly reduces premiums without having to change employees' benefit levels.

How it Works       

• The Employer purchases a high deductible health plan (HDHP) that significantly reduces their insurance premiums. See Exhibit A.
• The Employees maintain their current benefit levels.
• The Employer self-funds (subsidizes) the employees' deductible only when utilization (surgeries, lab work, and hospitalization) occurs.
• Our preferred Third Party Administrator (T.P.A.) administers the plan on behalf of the employer.

Graph is based on a company with 50 employees on the plan.