Benefits of PACT

  • Potential savings up to 25% – 45% reduction in hard dollar insurance premiums
  • Flexible Plan Design features, “What do you want?”
  • Mitigate future increases by lowering Hard Dollar Costs (ie., Ins. Premiums)
  • Seamless record keeping, even when changing carriers
  • Partial NO RISK self-funding permissible under Sec. 105 & 106 of IRC Code
  • Mitigate future increases by developing well-designed reimbursement plans
  • Help with Setting up HSA Accounts
  • Customized reports quarterly
  • Hands-on Assistance with employee communications, as well as employee meetings
  • Data now available to help evaluate renewal and plan design changes
  • Assistance with COBRA rates – (Additional cost)
  • Real-time on-line access to personal account information
  • User friendly claims reimbursement system
  • Flexible reimbursement term