Employee Benefits
Unveiling the Key Differences between Level Funded and Self Funded Plans
Discover the differences between level-funded and self-funded employee health insurance
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Introducing Bright Health, a brand new carrier in Illinois offering a carefully curated network of doctors, clinics and hospitals to provide the best healthcare at the best possible price.
Bright Health began offering consumer-focused health insurance plans in Minnesota in 2017, after raising over $80M in venture capital. They are currently in 13 states, with plans to expand to more, driven by deals with integrated health systems in metropolitan areas.
Bright Health’s model is anchored in exclusive Care Partnerships with leading health systems in each state, using three technology components: an intuitive user interface, a data analytics component, and a platform that works with electronic medical records and telemedicine companies. These allow Bright Health to suppress costs while improving patient outcomes and care coordination.
Bright Health’s Network is an HMO-PPO hybrid. Like an HMO, you are restricted to Bright Health’s Care Partners:
But like a PPO, you do not need referrals to see specialists. (Contact us to find out if your specialist is part of the Bright Health Care Network!)
Bright Health offers individual and family plans with lower premiums, including several options with a $0 Deductible, and HSA-compatible plans.
All plans include pediatric dental and vision coverage for members under 19.
Sometimes, you just need someone to talk to. Bright Health offers plans with low cost-sharing for mental health services, including behavioral health treatments.
See your doctor anytime, anywhere with enhanced telehealth access – all from the comfort of your own home.
Save money on premiums while retaining access to the best hospital systems in Illinois.
Have a doctor you love and trust? To find out if your specialist is part of Bright Health’s Care Partners in 2021, give us a call at (855) 563-6993.
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IXSolutions brings over 30 years of combined experience to the market as Employee Benefits Consultants. We’ve been bringing creative solutions and alternatives to the market since the inception of the Affordable Care Act.
Today, we work with companies, individuals, and Medicare eligible individuals to provide solutions to the complex insurance industry. We are a trusted partner to thousands of clients, brokers, and associations across the country.
