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Employers enrolled in our Funding Advantage plans can access detailed financial reports about their health plan anytime via our Self-Service Site. These reports are crucial for understanding the overall financial performance of a plan. Here’s a breakdown of the key components included in the report:
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Month: Indicates the month in which claims were paid.
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Claims Paid: Total dollar amount of claims processed for that month.
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Accumulated Claims Paid: A running total of all claims paid since the beginning of the plan year.
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Stop Loss Exclusions: Claims paid that do not count towards stop loss coverage deductibles.
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Specific Stop Loss Recoveries: Payments made for individual large claims under stop-loss coverage.
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Net Accumulated Aggregate Claims: Total claims paid by the employer, minus stop- loss exclusions and specific recoveries, which accumulate against the aggregate stop- loss coverage.
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Accumulated Maximum Claim Exposure: This reflects the aggregate stop-loss coverage attachment point, representing the maximum claims amount the employer must cover. If the Net Accumulated Aggregate Claims exceed this point, the aggregate stop-loss coverage will take effect.
To begin reviewing these reports and accessing information on your coverage and benefits, visit your Self-Service Site at www.alliednational.com. If you haven’t registered your company yet, follow these steps:
- Designate an administrator from your office to manage your health plan's administration and complete the authorization form.
- Email the completed authorization form to underwriting@alliednational.com.
- Register for the first time or log in at: https://portal.alliednational.com/wssLogin/faces/login.
Stay informed about your health plan's financial performance to make better decisions for your organization!
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