Fully Insured Plans
Our insured health plan is underwritten by Assurant Health, a leading independent provider of health insurance. All of our insured plans are built around the Physicians Care network of 15,000 health care providers that offers covered persons convenient access to care.
We offer a variety of cost-effective plan design choices:
Preferred Provider Option (PPO) Plans
These plan designs encourage participants to see network providers by offering them a higher level of benefits than if they see an out-of-network provider.
Point of Service (POS) Plans
POS plans are similar to PPO plans; however, they require covered persons to select an in-network personal care physician. Under a POS plan, participants can seek care outside of the network and still have coverage. In-network care is covered at higher benefit levels than out-of-network care.
Exclusive Provider Options (EPO) Plans
EPO plans are similar to POS plans but offer lower out-of-network benefits.
In addition, we offer employers the option of purchasing a traditional HDHP paired with a Medical Reimbursement Arrangement (MRA). The employer uses an MRA to fund a portion of the higher deductible for employees and, from time to time, other expenses. Even after covering a portion of the higher deductible for employees, most employers realize substantial savings because the reduction in premium usually exceeds the amount contributed to the MRA.
Employers can manage plan enrollment and billings online at www.physicianscare.com. Employees enrolled in Physicians Care plans find comprehensive access to their health plan information 24 hours a day, seven days a week on our Website.
For more information on fully insured plan options from Physicians Care Health Plans, call us or send us an e-mail today.