Uniting Business. Advancing Kentucky.

Search form

The Lifestyle Health Chamber Association Program

 

THE KENTUCKY CHAMBER OF COMMERCE is pleased to introduce Lifestyle Health Plans as a unique health benefits program designed for Chamber members to address the underlying causes of the rise in healthcare costs - employee health behaviors.

 

 

WHAT MAKES LIFESTYLE HEALTH DIFFERENT?

   
• Level-funded major medical plan designs
• Underwritten by “A” rated carriers
• Member savings averaging 5-15% in
   most cases
  • Integrated wellness incentives and cash-rewards  
  • Up to a $500 deductible credit available to all
     wellness participants
  • Integrated concierge telemedicine, outpatient 
     lab and diabetic supply benefits
   

WHAT IS LEVEL FUNDED?

Level-funded plans are essentially pre-packaged self-insured health plans, with low attachment stop-loss coverage. For the right groups, level-funded plans can save 30 percent versus a fully insured ACA small-group plan. And because of their structure, level-funded plans do not have the volatility in monthly cash flows, associated with self-insured plans, that can cripple a small business.
 

HERE'S HOW A LEVEL-FUNDED PLAN WORKS:

Level-funded plans are underwritten, health applications are required. For larger groups applications can be avoided if two years of claims history can be provided.