What is the DirectPay Health Plan Coordinated Plan?
With DirectPay employers can attack their rising healthcare costs by reducing the cost of
their healthcare while continuing to offer valuable employee benefits. DirectPay
Health Plan Coordinated is the right Plan for employers striving to balance rising
healthcare costs with employee benefit expectations.
When establishing a DirectPay Plan (also referred to as a Health Reimbursement Account) along
with a health insurance plan, employers reimburse employees for the “gap” between their employees’
out-of-pocket expenses and their first dollar of insurance coverage. By joining DirectPay and
the health insurance plan, employers reduce premium costs and encourage employees to spend wisely
on their medical care. All employer contributions to the Plan are tax deductible to the
employer and tax-free to the employee.
To help Clients manage the volatility of employee reimbursements, the unique DirectPay Funding
Arrangement advances Requests for Reimbursements to employees before the full reimbursement amount
is present in their account.
DirectPay:
- Maximizes employee healthcare benefits
- Works for businesses of all sizes
- Leads the industry with a fast and accurate request for reimbursement process
- Guarantees full control over flexible Plan designs
- Improves cash flow with fronted reimbursements
- Saves time with electronic fund transfers
- Provides a Money Back Guarantee
DirectPay also:
- Improves employee morale
- Places healthcare choices in the hands of consumers
- Saves time with on-line account balance and reimbursement information
- Offers additional savings by carrying any unused dollars from year to year (depending on Plan design)
- Provides toll-free customer service