We have a rescue plan! We have a rescue plan! The strategy is simple. You can explain it in 10...
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Transcript of We have a rescue plan! We have a rescue plan! The strategy is simple. You can explain it in 10...
Secondary group insurance planthat helps reduce the cost of group medical
coverage.
What is the Premium Saver?
• We often save employers 10-20%
• Maintains or improves benefits
• No dangerous exclusions
We’re not a typical “GAP” Plan!
Deductible
Coinsurance
CoinsuranceOut-of-Pocket
Doctor Visit Co-Pay
Drug CardCo-Pay
Drug Deductible
BC/BS Plan $2,000 70/30% $2,000 $25/50 $8/35/50/85 $50
Number of Employees
Medical Rates
Total Monthly Premium*
Total Annual Premium
Employee 59 $422.14 $24,906.26$298,875.12
EE + Spouse
4 $864.54 $3,458.16 $41,497.92
EE + Children
3 $799.11 $2,397.33 $28,767.96
Family 2 $1,295.54 $2,591.08 $31,092.96
Totals 68 $33,352.83$400,233.96
Example
Renewal Plan
Deductible
Coinsurance
CoinsuranceOut-of-Pocket
Doctor Visit Co-Pay
Drug CardCo-Pay
Drug Deductible
BC/BS Plan $2,000 70/30% $2,000 $25/50 $8/35/50/85 $50
Number of Employees
Medical Rates
Total Monthly Premium*
Total Annual Premium
Employee 59 $504.14 $29,744.26$356,931.12
EE + Spouse
4 $1,032.47 $4,129.88 $49,558.56
EE + Children
3 $954.33 $2,862.99 $34,355.88
Family 2 $1,547.30 $3,094.60 $37,135.20
Totals 68 $39,831.73$477,980.76
Number of Employees
Employee 59
EE + Spouse
4
EE + Children
3
Family 2
Totals 68
Premium Saver(High Deductible Plan + Premium Saver to $5,000 Deductible/40% to $1,350
Total Monthly Savings: $4,181.78
Total Annual Savings: $50,181.36
Medical Rates
PremiumSaver Rates
Combined Rates
Total Monthly Premium*
Total Annual Premium
$409.85 $41.44 $451.29 $26,626.11 $319,513.32
$839.37 $88.77 $928.14 $3,712.56 $44,550.72
$775.84 $75.52 $851.36 $2,554.08 $30,648.96
$1,257.82 $120.78 $1,378.60 $2,757.20 $33,086.40
$35,649.95 $427,799.40
• Works with large and small groups with as few as 5 employees
• NO RATE UP for industry, age or location
Great strategy for any group
• Covers the same expenses as the underlying major medical plan
• Designed to wrap around your major medical plan like a glove
What does Premium Saver cover?
Want to save even more?Combine an HDHP, the Premium Saver with copay coverage for professional fees of a physician and
outpatient prescription drugs
•Groups that prefer richer benefits can select deductibles as low as $250
• Those looking to maximize savings can select alower cost high deductible PremiumSaver Plan
•Wide range of deductible and coinsurance options
Custom plans that fit
• Access the Premium Saver RFP on our website
• Most proposals will be sent to you in less than 24 hours
How to get a Premium Saver Quote
Contact UsBefore you renew any group,
before you see your next prospect,consider the MWG Premium Saver!
omwww.PremiumSaverPlan.com