Teachers React To The News……………..
Tired of being in the health insurance business a Texas school district has ditched their traditional group medical insurance plan in favor of something better.
Will other districts follow? The answer is not in doubt. Here’s why………
- Defined Contribution Plan Limits District’s Costs
- Market Competitive Rates
- Public Bidding Requirements Reduced or Eliminated
- Limited Internal Administrative Services Required
- No Underwriting
- Reduces Local Political Friction
- No Risk Assumed
- No Participation Requirements
- Full-Insured Through Brand Name Insurance Companies
- Pre-existing Conditions Covered
- Coverage Not Tied To Employment
- ACA Network Adequacy Mandate
- Employees Pick The Coverage That Best Suits Their Needs
- Federal Tax Subsidies Available For Qualifying Dependents
ICHRA – Satisfying Market Demand
