The employer would select a higher deductible health plan
They then would decide how closely they would like to mimic
their previous plan. The employer then decides, with the help
of eflexgroup.com, how they would like the plan administered
for their employees.
Some options the employer has to consider are: Whether to
reimburse for all expenses or just vision and dental, or if
they are just going to reimburse the deductible. Once the
plan is set-up the employees will submit their Explanation
of Benefits (EOBs) from their insurance carrier to eflexgroup.com.
eflexgroup.com then reviews the claim and remits payment
to the employee after the employee has met his/her portion
of the deductible.
Not all the employees will use the deductible and thus over
time a pool of dollars can be collected. To see how much you
can save by implementing a MERP plan use our MERP
Savings Calculator.
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