Funding Advantage
Do your clients receive money back from your insurer for being healthy?
Funding Advantage is a unique answer for smaller employers trying to save money on the cost of group health insurance. An Alternative Funding Plan allows your clients to save money by paying for the cost of small claims while providing you absolute financial protection if those claims grow large.
Funding Advantage saves your clients money by paying the claims with your own money instead insurance premiums. You’re protected with Stop Loss insurance that provides coverage if claims grow larger.
With Funding Advantage, your clients pay a monthly cost that is your maximum cost. No matter how much your claims are in a month, your client will never pay more than this monthly cost. After all of your claims are paid for the year, the unused money in your claim fund is returned to your client.
The Advantages of Funding Advantage:
- Your clients don’t buy insurance for benefits that they don’t use. The unused claim fund money is your clients at the end of the plan year.
- Stop loss insurance fully protects your clients from larger claims. Your clients will never have to pay more than the maximum monthly cost.
- The predictability of a level monthly cost - there are no extra charges to your clients if they have high claims.
- Your clients plan is an ERISA plan that is exempt from some of the new federal Affordable Care regulations - particularly those parts that will cause fully insured premiums to climb substantially in 2014.
Want more information? Download a brochure by clicking here.
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 us for quotes in states not listed above.
Carrier Information
Stop Loss insurance is underwritten by American Alternative Insurance Corporation (AAIC). AAIC is rated A+ (Superior) by
A.M. Best Company.
Group Products 
