NEXUS INSURANCE MARKETING GROUP

The level monthly contribution includes claims costs, administration fees, network access fees, the costs for the stop-loss insurance, and commissions... Conversely, if your employees are high utilizers of healthcare services, or your company experiences a high rate of employee turnover, this type of arrangement is likely not a good fit. Remember you're funding a portion of your own claims, and it's beneficial to make decisions that lead to healthy lifestyle solutions and outcomes. Not quite sure if level funding is right for your business?... Level funding is a type of self-insurance that uses the components of stop-loss reinsurance and claims funding to provide coverage. If you are familiar with most group insurance plans, you probably know that payments don't fluctuate and you are covered as long as you make timely payments. Level funding is similar, meaning that contributions are level for the plan year. Better still, if your plan runs well, you have the opportunity to have any..

Also known as: Nexus Insurance Marketing Group, LLC

Primary location: Austin United States