All the advantages of being fully self-funded, with fixed monthly payments similar to being fully-insured. The AdminaHealth® Healthcare Expense Management (HEM) Solution is structured around a liquidity facility and inexpensive, high deductible stop-loss protection. This mechanism allows for level (within a program year) monthly payments like fully-insured plans, irrespective of actual healthcare claims. It also spreads claims experience over the three-year program term. If claims are higher than expected, AdminaHealth effectively loans your organization the spread between the stop-loss attachment point and your expected monthly payments. The repayment of the liquidity facility can be spread over the three-year program term.
-More efficient & financially responsible approach to self-funding employer-sponsored benefit plans
-Methodology for actuarial soundness used in the financial budgetary and forecasting process follows generally accepted actuarial principles.
-Mitigate monthly cash flow volatility and smooth claims experience over multiple years
-Traditional self-funding benefits of greater flexibility and choice of plan design, networks, carriers and claim administrators
-Provide economic savings over fully insured alternatives
-Ability to fully customize plans to meet your specific population's needs