If you are a business owner, imagine this scenario with respect to your Group Health Insurance in Tennessee: you pay your premium on behalf of your employees, and at the end of the year, if your employees’ health claims are less than total premiums paid, you will receive a refund of 50% of eligible premiums. So instead of the insurance company keeping all of your money as they have in the past, you get some of it back. How could that not be a good thing?
What if claims are more than premiums paid you might wonder? In that case, there is no refund, but there is also no requirement on your behalf to make up the loss. So you either win or you don’t lose.
You owe it to yourself and your employees to at least explore the details of this exciting new self-funded group health plan in TN.
You owe it to yourself and your employees to at least explore
the details of this exciting new self-funded group health plan in TN.
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