choosing healthcare plans - business deck
TRANSCRIPT
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Choosing Healthcare
InsuranceWhich healthcare plan is best in value
for our employees?
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Best Plan
Executive Summary
Central Health – PPO Open Access is the best insurance plan for our employees.
PPO Plans are best suited to the needs of our employees.
A lot of open access insurance is requested by our employees.
Industry wide price increase of 15% this year in insurance premiums.
Central HealthPPO Open
Access
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Healthcare Plan Decision
Most of the healthcare plans increased their premium by 15% over the last year prices.
The price increase is due to the insurance law changes in the country this year.
Every year, we do our best to provide our employees with the best healthcare insurance policy.
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Types of Healthcare PlanHMO – Health Maintenance Organization
Services through one primary care physician
PPO – Preferred Provider OrganizationServices through any physician but in-network results in minimum co-pays
Open AccessService through any healthcare provider but higher co-pays
Others ( HDHP, HAS, HealthSavings, etc)
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PPO is best suited for us.Our employees get the most benefit with a PPO Plan.They can choose from the network of doctors provided by the insurance company to ensure low co-pays.They can choose any healthcare provider other than the network for a slightly higher co-pay.They get both Flexibility and Coverage.
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PPO optionsRedCare -PPO
Central Health -PPO Value
Central Health -PPO High
Central Health -PPO Open Access
Cantro -PPO
Liberty Health -PPO
Central Health has the biggest network of
healthcare providers.
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PPO Comparison
RedCare -PPO Central Health -PPO Value
Central Health -PPO High
Central Health -PPO Open Access
Cantro -PPO Liberty Health -PPO
$20.00
$40.00
$60.00
$80.00
$100.00
$120.00
$140.00
$160.00
$180.00
$200.00
$220.00
158.00
Last YearCurrent Year
This Plan provides both plans PPO with Open Access.
(Benefits of two plan at less cost)$158 per year
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Central Health(PPO Open Access)
These are the policy order details.Company: CENTRAL HEALTHPlan Name: PPO Open AccessPremium Price: $ 158.00 per policyTotal Amount: $158 x 300 employees
= $ 47,400(Forty Seven Thousand and Four Hundred Dollars Only)
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For details Contact:Nitish Bhardwaj
Employee Care OfficerGreat Company Inc.
Canada
Action to be taken by Head Office
Send Employee Details with payment of $47400 to
Central Health Insurance