UnitedHealthcare Level Funded and All Savers Alternate Funding
Managing health plan costs is important, but so is offering health benefits your employees actually like. UnitedHealthcare is committed to helping make health care simpler, more affordable and supportive. With understandable benefits, clearer choices and trusted support accessible when and how people want it. UnitedHealthcare Level Funded and All Savers® Alternate Funding health plans are designed to give employeres a different way to balance the cost savings with benefits employees want.
Finding the right fit with a different kind of health plan
Designed for savings, stability and simplicity
Find the right fit for your clients
Customize your benefits package from dozens of plan designs, networks and specialty options.
- Health Savings Account (HSA), Preferred Provider Organization (PPO) and Exclusive Provider Organization (EPO) plan portfolios
- Variety of network options, including the nation's largest proprietary network of 1.7M physicians and health care professionals and 7,000+ hospitals2
- Wellness programs and services designed to help plan participants get healthier at no additional cost
- Up-to-date reporting on client claims costs, network utilization and more, as well as digital tools to help simplify plan management
- Opportunity to save when clients bundle a UnitedHealthcare specialty plan, like vision and dental with a UnitedHealthcare medical plan
Frequently asked questions
They're similar, but they differ from a purely self-funded arrangement in important ways. Level Funded/All Savers plans provide additional protection from large catastrophic medical claims with a stop loss insurance policy. So clietns won’t have to pay more for medical and pharmacy claims throughout the year or at the end of their plan year, even if they have high claims costs.
Client costs don’t change month to month. Level Funded/All Savers plans lock in a fixed monthly payment for the plan year, regardless of actual plan participant medical and pharmacy claims.
An employer's fixed monthly payment goes toward 3 things:
- Your client's health plan that pays plan participants’ covered medical expenses. Every month, when clients send in their regular payment, part of it is set aside to pay for plan participants’ covered medical bills. In other words, when plan participants go to the doctor, their eligible medical claims are paid straight from the money that was set aside. If the money that goes in during the year is more than what comes out, your client's health plan may get a surplus refund after plan renewal.1 If plan participants have low medical and pharmacy claims, that refund could be substantial.
- Administrative services for your plan, including plan participant onboarding, customer service, billing and medical claims processing.
- A stop loss insurance policy that protects employers if medical claims are higher than expected.
Every month when employers make their payment, part of it goes toward stop loss insurance. This provides coverage for unexpected high medical and pharmacy claims.
Yes. And because they’re designed to help plan participants get healthier, they may help lower medical claims and provide more savings for everyone.
The 2 biggest reasons: more potential savings and more control. With a fully insured plan, health care costs are based on a wider pool, including businesses that may have higher overall medical claims. A Level Funded/All Savers plan is based only on your client's plan participants’ medical claims. So when their medical and pharmacy claims are lower than expected, your client's health plan may get a surplus refund at year-end.1
And because a Level Funded/All Savers plan is a type of self-funding, employers may be exempt from many Affordable Care Act (ACA) regulations and state premium taxes that can be costly for some businesses.
With a variety of plan designs and provider networks available, a Level Funded/All Savers plan can be truly customized to fit your clients. It’s worth the time to compare these health plans with a traditional (fully insured) plan to see which may be the better fit.
Does your client have fewer than 50 employees?
Compare available health plans for small businesses.