EBA&M: A trusted partner in healthcare administration
Remember the days when switching from a $500 deductible plan to a $5,000 deductible plan could save employers 40-50% on premiums? Your clients could then offer a Health Reimbursement Arrangement (HRA) to cover most or all the deductible increase for employees with chronic conditions or unexpected medical events who were most likely to meet their deductible. This approach provided significant savings for employers while maintaining substantial benefits for their employees.
Those days are still here with EBA&M.
HRAs can be used creatively with almost any type of plan and allow an employer to provide a benefit for all employees but only fund for those who actually use it. The cash flow opportunity for employers makes this a win-win for both employers and employees.
Want to take the savings even further?
Level-funded plans allow employer health plans to avoid state premium taxes and state mandates while offering flexibility in benefit design beyond what is available in fully insured arrangements. With comprehensive coverage and well-designed provider networks, level-funded plans are an excellent option for many employers and provide an outstanding coverage option that can be significantly more affordable while ensuring coverage for the most routine care to high-cost complicated medical events.
Imagine maximizing affordability by combining a high-deductible level-funded plan, with an HRA. Your clients can continue to accrue savings through the level-funded plan but by adding an HRA, employees can enjoy the benefit levels of a lower deductible plan. The addition of the HRA to the level-funded plan maximizes savings and provides an excellent option for many employers at a significant savings over traditional plans.
EBA&M has been a trusted partner to healthcare brokers for over 45 years. Whether your client needs level-funding, HRA or FSA administration, they have the programs, services, and technology to manage your clients’ healthcare dollars. From online reporting and analytics to highly responsive account management teams, EBA&M provides the tools and services you need to exceed your client’s expectations.
Expertise You Can Trust
With decades of experience, EBA&M is committed to guiding you towards the optimal level-funded and HRA solutions for your clients. Their healthcare plans are designed to be flexible, aligning with the specific requirements of your client’s organization and the well-being of their employees with seamless integration with existing benefit programs.
Discover how EBA&M can help you navigate innovative healthcare solutions to maximize savings and provide exceptional benefits for your clients and their employees. Contact your Warner Pacific Sales Consultant today to learn more!