Allied National now has its own Bronze Minimum Value Plan (MVP) option inside of our popular Cost Saver plans.
Allied Cost Saver plans provide great and affordable limited benefit coverage for small groups. For large employers, Cost Saver plans are Minimum Essential Coverage and help employers avoid Employer Shared Responsibility Part “A” penalties. Many employers also want to provide a low-cost option to meet Minimum Value and avoid both penalties, “A” and “B”.
The new Cost Saver Bronze MVP option, available for Jan. 1, 2022, effective dates, covers both the “A” and B” penalties.
A level-funded Funding Advantage plan, Cost Saver provides office visits and rich outpatient benefits plus fixed cash payments for surgery and hospitalization. The plan uses the PHCS and First Health PPO networks that are contracted specifically for this plan, so members always receive valuable PPO discounts for services.
Cost Saver is non-medically underwritten with low participation requirements. It's the perfect alternative for employers who can't afford major medical plans, but want to provide benefits to their employees.
To learn more about the plan, check out the chart on page 5 of the Cost Saver brochure under the Plan 3 column.
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