Patton Insurance AgencyLarge Group and Level-Funded Health Plans
Employers with 100 or more employees have more options, and more to gain from a disciplined renewal process.
Request a Benefits ReviewStrategy beyond the renewal letter
We analyze claims and plan utilization, market your program, and look at fully insured, level-funded and self-funded approaches where appropriate. Eligibility and pricing are subject to underwriting.
What to expect
- Early renewal planning and benchmarking
- Stop-loss and funding structure review
- Employee communication and open enrollment
- Compliance and reporting support
Frequently asked questions
What is level-funded health insurance?
A level-funded plan combines a fixed monthly payment with stop-loss coverage. If claims run below expectations, some plans refund part of the unused amount; if claims run high, stop-loss limits your exposure. Results are not guaranteed.
Who is large group in California?
Generally groups with 101 or more eligible employees. Large groups are underwritten differently than small groups, and rates are often based on the group's own claims experience.
Is level-funding right for my company?
It can suit groups with generally healthy, stable claims and a tolerance for some variability. Underwriting determines eligibility, so we review your data before recommending it.
What data do you need to market my plan?
Typically census, current contract and rates, and claims reports if available. We keep this information confidential.
How long does the process take?
Plan for 90 to 120 days before renewal for a full market review, and more for self-funded or level-funded strategies.
What does a broker cost the employer?
Compensation is typically paid by carriers. For self-funded and level-funded plans, we disclose any consulting or commission arrangements upfront.
Ready to look at your options?
Tell us about your group and we will review your current plan, renewal and alternatives. There is no cost or obligation for a benefits review.