AmeriSHARE
An alternative approach to funding employee healthcare benefits
Designed for groups with 10 to 99 covered employees
AmeriShare Gives Your Clients the Potential for Substantial Savings
Today, businesses face the difficult challenge of trying to offer their employees quality health benefits while, at the same time, keeping the cost of providing these programs from eroding their bottom line.
With traditional health plans, employers pay fixed monthly premiums and the insurance company assumes the risk. In doing so, the insurance company profits most in those years when the company's claim costs are lower than expected.
Many large companies, those with hundreds or thousands of employees, establish self-funded plans that allow them to benefit when claim costs are favorable.
With AmeriShare, ATA America
offers you a powerful, practical alternative to traditional approaches
that allows you to reap the benefits enjoyed by larger employers. AmeriShare
rewards your business for its good claim experience in a way that makes
sense for smaller businesses. We call our approach, "Flexible Self
Funding."
AmeriShare Advantages
AmeriShare offers your clients several key advantages over a traditional health plan.
When you choose AmeriShare:
- Your plan benefits directly from favorable claim experience
- You pay insurance company profit & expense charges only on the portion of the cost used to purchase excess loss insurance
- You pay less state premium taxes
- Your plan keeps the interest earned on your Claim Fund
- You have the potential for improved cash flow
- You have greater control over plan design
- AmeriShare is governed by ERISA and is therefore exempt from certain state mandated benefits
- You receive detailed reports showing exactly where your benefit dollars are going
With its Flexible Self Funding approach, AmeriShare also offers you important advantages over a typical self-funded plan:
- The level of risk is tailored to meet the needs and risk tolerance of businesses, like yours, with ten to ninety-nine covered employees*
- Innovative features help make your cash flow predictable and help limit your risk should you terminate the plan in the future
*Minimum group size may vary by state.
For over 30 years, ATA America has built a strong record for the creation and delivery of innovative benefit solutions to employers across the nation.