Fully Insured Health Plans

Fully Insured Plans For The Whole Family

What Is A Fully-insured Plan?

This is where the employer contracts with an insurance company to cover all employees and dependents and the insurance company assumes the risk. These are typically written on a one year contract and premium is level for the period of the contract. The price of your plan and any renewals are subject to the health of the groups that make up your particular pool.

What Types Of Employers Is It Typically Right For?

Typically, employers with 100 or fewer employees choose fully insured plans because their costs can remain steady month-over-month. With a fully insured health plan, the employer pays a fixed premium set by the health insurance carrier for employee coverage. It's a great fit for employers looking for predictable costs and a hands off approach to providing employees access to standard medical care.

Main Problems With Fully Insured Plans And How Nis Addresses Them

Solving the Biggest Challenges of Fully Insured Health Plans Fully insured health plans often lack transparency, drive rising costs, and limit control over quality of care. National Insurance Specialists addresses these challenges with a full-service solution that integrates our proprietary Simple Funding alternative funded health insurance program and our Access For Health enhanced virtual health and wellness platform into a multi-year strategy for managing health insurance premiums. Access For Health helps redirect care and claims away from fully insured plans through preventive and virtual care, reducing unnecessary utilization and protecting against high-cost claims. Simple Funding delivers customized health insurance plans that do not reduce or take benefits away from employees provide actionable data and individualized reporting, providing clear insights into plan performance and long-term cost-saving opportunities. Together, they create a transparent, cost-efficient health plan designed to improve outcomes and stabilize premiums over time.