With consolidation taking place in the Health Insurance market today, there are fewer and fewer companies which to choose from. It’s our job at Raialife Partners, P.C. to help our clients (big & small) sift through the maze and help explain all viable options. We have saved our clients hundreds of thousands of dollars in health care costs by extending our know-how and competitive drive. We strive to maintain an ongoing communication with our clients to ensure we’re all on the same page in terms of ideas, plan changes, etc.

The most common medical plans we sell are PPO’s, Point-of-Service and HMO plans. These plans can be either fully insured or partially self-funded. We represent several vendors who specialize in group medical “services” which encompasses HRA, FSA, Payroll, COBRA, HIPAA, and ERISA. We represent most major Health Insurance Companies doing business in Texas.

There are certain situations when an employer will take on some financial risk associated with the Medical Plan (dental and vision, too) for the opportunity to save money (premiums and claims) in the long run. In years past an employer with as little as 250 employees was a starting block. Today, as products have evolved companies with as small as 25 employees can be tailored to suit those needs. We have the knowledge and experience with assisting our clients to determine if this funding method is right. These decisions will partly be based on the size and experience of each individual group as well as health conditions. There are several different avenues to explore when discussing partial Self-funding. The maximum financial exposure is something your Company should be aware of. If in fact that maximum is not reached, the company should save money in that particular year on medical insurance premiums.