DirectPay offers three choices:
Health Plan Coordinated works in conjunction with a company-sponsored health insurance
plan, while
Health Plan Independent typically works with no insurance plan in place. Finally,
Direct Reimbursement is a simple, cost effective way to provide a specific health benefit
for employees.
Health Plan
Coordinated
can include a variety of benefits, such as medical and prescription expenses.
Employers benefit most by switching to an HRA coupled with a high
deductible health insurance plan.
By designing such a benefit program, their insurance premium will be reduced
and the amount saved can be used to establish an HRA.
Health Plan
Independent
is the right choice for employers who want to allocate a set dollar amount for employees
to use on their medical expenses (in place of a traditional insurance benefit) or for those who
wish to offer a Plan that covers a specific type of medical expense such as prescription
expenses.
Direct
Reimbursement
offers an innovative approach to self-funding a company's dental and/or vision
plan(s). This Plan allows employers (and/or employees) to set aside a specific amount annually
from which employees pay for dental, vision, or orthodontia expenses.
Regardless of a Plan's design, by offering DirectPay employers enhance their employee benefits
and offer employees more choices and control over their medical benefits. And all the while
employers save money by offering health care that is more affordable.
As a DirectPay Provider you will:
- Increase your revenue with consultation fees and substantial commission from the sale of DirectPay.
- Enhance your current Client relationships as you offer a service that many small businesses deserve and need.
- Enhance your ability to attract new Clients while retaining current ones.
- Stay competitive. With three Plans to choose from, you have something to fit every Client's needs.
- Those involved in tax and accounting fields also gain from the opportunity to market related tax/bookkeeping and other services. Insurance, financial and/or investment services professionals gain from increased employee benefit product sales and from marketing investments to Clients who just saved money on taxes.
All DirectPay Providers receive:
- Receive a Provider Manual for reference.
- Receive regular newsletters, magazines, and technical bulletins with updates or changes in tax law.
- Receive marketing materials, including sell sheets, point of sale brochures, and Participant Enrollment Forms.
- Can count on toll-free technical support.
DirectPay Providers:
- Sign the Provider Agreement and return it with the appropriate fee. (Mail the Agreement to TASC, 2302 International Lane, Madison, WI 53704-3140 or fax it to 608-241-4584.) You will receive your Provider ID number and marketing materials in a matter of days.
- Assist Clients with completing the Plan Application. Accurate and complete Plan Applications are essential to properly installing a DirectPay Health Reimbursement Arrangement. Work with your Clients to select the benefits they want for their employees, and to set the appropriate limits on excluded employees.
- Calculate the fee. Using the DirectPay Fee Schedule, determine the enrollment fee for your Client’s group.
- Mail the Plan Application and enrollment fee to DirectPay. Instruct your Client to mail the enrollment fee and the completed Plan Application. Employee Enrollment Kits will be sent to the group’s designated contact person once DirectPay has received and reviewed the Plan information.
Take the first step and contract now! For questions, or to sign up to bring this valuable
service to your business clients, contact your local Regional Sales Director, call Provider
Services at 1-800-422-4661, or e-mail us at
sales@tasconline.com
.