№ files_lp_3_process_9_29050
Promotional and informational summary outlining the structure, eligibility criteria, compliance status, and administrative details of a Level Funded employer group health insurance plan administered by BHPI.
Organization: BHPI (TPA and Program Manager)
Associated Entity: LifeX (Employer)
Distribution: MVP
Reinsurer Rating: A+
Network Providers: CIGNA, PHCS (PHCS Extended, 92% of Anthem)
Plan Type: Level Funded Group Health Plan
Eligible Group Size: 3 to 1,000 lives
Employer Contribution Requirement: 50% of eligible employees
Participation Requirement: 50% participation of the lowest price plan ($167)
Underwriting Requirements: Three knock-out questions answered by owner
Documentation Required: Census only, no wage and tax forms
Compliance: Fully compliant with Employer Group Health Mandate
Tax Status: Premiums are tax deductible
Submission Deadline: 20th for effective date on the 1st of the following month
HSA Administration: Lively
Additional Benefits: ID card provided; $25 monthly deposit; Group Life included on HSA plan
Prescription Coverage: No specialty RX covered
Current Insured Population: Over 1 million insureds
Compensation Structure: PPPM, increased for spouses and children
Issuance: Groups issued immediately
Branding Option: Company logo included on employee ID card upon submission
Price: 8 / 10 USD
The file will be delivered to the email address provided at checkout within 12 hours.

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