The UnitedHealthcare logo appears in the center of a white background: a stylized, blue letter U with three stripes in its right arm. The U transforms into a ribbon and winds its way across the background to reveal blue text.
ONSCREEN TEXT: Level Funded
Group health plans
Catchy ukulele music with whistling plays.
SPEAKER: Level funded group health plans are becoming more and more popular nationwide.
On a blue map of the outline of the United States, orange pins pop up all over the country. Now a circle graph replaces the map. Most of the circle is dark blue, with a teal sliver indicating the relevant statistic. A percentage appears to the right of the circle.
ONSCREEN TEXT: 7%
A citation appears in blue fine print at the bottom of the view:
ONSCREEN TEXT: Kaiser Family Foundation Employer Health Benefits Surveys, 2019 and 2022. For the purposes of the surveys, a "small business" was defined as groups with 3-199 employees. 2019 survey available: https://www.kff.org/report-section/ehbs-2019-section-10-plan-funding/. 2022 survey available: https://www.kff.org/report-section/ehbs-2022-section-10-plan-funding/. Accessed: Feb 17, 2023.
SPEAKER: Just three years ago, only 7% of small and mid-sized businesses offered a level funded plan. Today, 38% of them do. So how are these plans different from a traditional, fully insured plan, and why are more businesses making the switch with a traditional, fully insured plan?
A new graph appears, with a much larger teal slice in the blue circle. A blue number appears to the left of the circle:
ONSCREEN TEXT: 38%
The same blue citation appears at the bottom of the view:
ONSCREEN TEXT: Kaiser Family Foundation Employer Health Benefits Surveys, 2019 and 2022. For the purposes of the surveys, a "small business" was defined as groups with 3-199 employees. 2019 survey available: https://www.kff.org/report-section/ehbs-2019-section-10-plan-funding/. 2022 survey available: https://www.kff.org/report-section/ehbs-2022-section-10-plan-funding/. Accessed: Feb 17, 2023.
Now, against a bright blue background, a blue folder appears. Yellow and orange documents peek out of the folder. A white outline of the UnitedHealthcare logo pops up on the front of the folder.
SPEAKER: Your business pays a fixed monthly premium to cover claims and plan administration with UnitedHealthcare level funded. Your business also pays a fixed monthly premium.
Blue text pops on to a new white background.
ONSCREEN TEXT: Fully insured
Fixed monthly premium
SPEAKER: Part of that premium goes toward claims and plan administration, just like with a fully insured plan but with level funded, part of your premium also goes toward stop loss insurance to specifically pay for covered medical and pharmacy claims that are higher than expected.
Two rectangles appear below the text, one blue and one grey. White text appears in the blue rectangle.
ONSCREEN TEXT: Claims
Blue text appears in the grey one:
ONSCREEN TEXT: Administration
A new title pops up in place of "Fully Insured":
ONSCREEN TEXT: UnitedHealthcare Level Funded
The title of the slide changes once more:
ONSCREEN TEXT: Level Funded plans
Another rectangle pops up to the right of the Administration rectangle. Inside the pale blue rectangle, dark blue text appears:
ONSCREEN TEXT: Stop loss insurance
The text slides away past the bottom of the view. Now, blue text appears in the center of a new white background:
ONSCREEN TEXT: Cover claims
It disappears, and new text pops in.
ONSCREEN TEXT: higher than expected
A dark blue background wipes across the white.
SPEAKER: There are two types of stop loss coverage built into your plan: individual and aggregate.
White text pops into the center:
ONSCREEN TEXT: 2 types of stop loss coverage
SPEAKER: Individual stop loss protects your plan. If any one of your plan participants’ claims are higher than expected.
Now, white words appear as if in their own columns on the slide.
ONSCREEN TEXT: Individual Aggregate
A blue and yellow clipboard slides down over the word "Individual." A white dot bounces down onto the clipboard.
SPEAKER: Aggregate stop loss protects your plan if the entire group's claims are higher than expected, and if medical and pharmacy claims are lower than expected at the end of your plan year, the savings don't stay with the insurance company like they do with a fully insured plan. Instead, your level funded plan earns a surplus refund that you can apply to the following year's plan.
The blue clipboard slides away, and the word "Aggregate" moves into the center. An orange clipboard slides down over it, and another white dot bounces in. A ring of white dots forms. The view zooms into one of the white dots, and the clipboard disappears. The dot transforms into a teal circle with a white outline. Text appears below it.
ONSCREEN TEXT: Claims
The color drains out of the top quarter of the circle, leaving white space. A new circle slides in beside it, with text beneath:
ONSCREEN TEXT: Surplus refund
Gold fills up the white circle on the right as teal drains out of the circle on the left, then they reverse. The gold circle fills all the way up to the top, until it shines like a gold coin. It transforms into a gold medal in the center of the view.
SPEAKER: With fixed costs and a wide choice of plan designs, wellness programs, and provider networks, level funded health plans act a lot like a fully insured plan, but with more flexibility and potential savings for your business.
Now a person holds a smartphone, and two women talk at a small table with mugs between them. A blonde man does yoga on a mat with a small Jack Russel terrier seated in front of him. A doctor listens to a little girl's heart with a stethoscope. She gives her patient a hug. A woman leads a meeting at a board room table, and a man smiles at an iPad. Another man talks while at a laptop.
SPEAKER: Other advantages include exemption for many Affordable Care Act regulations, lower state premium taxes and potential premium savings compared to fully insured plans.
A new white background swipes across the view. Blue text fades in with orange checkmarks to the left as bullet points.
ONSCREEN TEXT: Exemption from many Affordable Care Act regulations
Lower state premium taxes
Potential premium savings
The blue ribbon returns and ripples back into the center to form the UnitedHealthcare logo. It fades away, revealing blue text.
ONSCREEN TEXT: United Healthcare
There for what matters™
SPEAKER: It's easy to see why more and more businesses are making the switch. See if UnitedHealthcare level funded is a better fit for your business, too.
Blue text pops on word by word.
ONSCREEN TEXT: It's easy to see why more and more businesses are making the switch
New text appears as a block in the center.
ONSCREEN TEXT: Talk to your broker or UnitedHealthcare representative to learn more
Black fine print appears at the bottom of the view.
ONSCREEN TEXT: Administrative services provided by United HealthCare Services, Inc. or their affiliates, and United HealthCare Service LLC in NY. Stop-loss insurance is underwritten by United HealthCare Insurance Company or their affiliates, including United HealthCare Life Insurance Company in NJ, and United HealthCare Insurance Company of New York in NY. Copyright 2023 United HealthCare Service, Inc. All Rights Reserved. 23-2107300. B2B EI232301050 6/23
