EMPLOYEE OR EMPLOYER PAID
Premiums can come from any source, in any combination. You can even change cost-sharing formulas over time without repricing existing policies.
LOW PARTICIPATION REQUIREMENTS
Only three (3) policies are required to start, and if participation later falls below this, existing policyholders won't be adversely affected.
Employees can custom-configure their own policies, including the Elimination Period, Benefit Period, Benefit Amount and Riders, subject to underwriting constraints.
If the program needs to be cancelled or funding reduced, nobody gets hurt. Policyholders have the right to continue coverage on the same terms with no ongoing employer dependencies.
No earnings reporting
IDI is issued as a fixed dollar monthly indemnity benefit. If you don't report earnings, the issue amount stays where it is.
employee self service
Employees can on-board themselves. Just give them the link.
payroll deduction not required
Payroll deduction is completely optional. Direct billing lightens the employer's load and still offers significant discounts - especially for women - potentially saving thousands.
It is possible - though not common - to have a non-ERISA program without any employer involvement, and still open up access to significant discounts.