TRUEFunding
With ACS TRUEFunding, clients get a 100% return of surplus claim funding!
ACS TRUEFunding
Annual Max Exposure: $1,200,000
Actual Paid Claims: $900,000
Net Surplus: $300,000
Client Share of Surplus: $300,0000
VS
Carrier-Level Funding
Annual Max Exposure: $1,200,000
Actual Paid Claims: $900,000
Net Surplus: $300,000
Client Share of Surplus: $150,0000
How Does TRUEFunding Work?
Employer groups pay a predictable monthly amount based on max funding composite rates, and anything above that amount is covered by the reinsurer.
The client holds the banking and can accrue the interest on the claims funding account and retains ALL the surplus amounts throughout the plan year.
Why Does TRUEFunding Work?
Unlike a fully-insured platform where the carrier retains all the savings in a good claims year, ACS TRUEFunding provides an upside potential and ample stop-loss protection for times of higher-than-expected claims.
TRUEFunding allows full data transparency so employers can regain control of their healthcare spend and realize TRUE savings.
TRUEFunding Features
Bridge product for groups moving from fully insured or smaller groups with cash flow concerns
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Predictable monthly plan costs with clear maximum exposure
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Full flexibility in plan design
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Built-in stop-loss protection including immediate Advance Funding to cover claims that exceed the specific and the year-to-date maximum aggregate
Advantages of Level Funding With ACS
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Available on both PPO and RBP platforms, or a combination of the two
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Choice of PBM
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Better access to claims data and reporting for actionable results
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Lower administration costs
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Choice of vendors for telemedicine, wellness, etc.
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Direct Primary Care
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Ability to move between funding methods or stop-loss carriers without strings attached or having to change administrators