Popular Plan Types

Plan Types Pros Cons High Deductible
  • Typically has a lower monthly premium
  • Attractive to groups interested in catastrophic coverage
  • The higher deductible must be met by your employees before insurance kicks in
  • For 2018 per the IRS these plans must have a minimum deductible of $1300/single and $2600/family
 Copay Only
  • No deductible for in-network services, employees pay fixed copay amount
  • Great for employees who want predictable costs
  • Deductible typically applies when using out-of-network provider and facilities
 Traditional
  • Uses a combination of co-pay, deductible & co-insurance
  • Cost reduction available when in-network providers used
  • Employer typically pays 80% of the cost