VoDES Health Plans
We recognize that employer's have different risk tolerance levels and a "one size fits all" self-funded health plan does not exist. As such, VoDES has designed multiple self-funding health plans to meet this need. Now you can choose a self-funded plan that meets your specific risk tolerance level designed by the experts in self-funding.
VoDES Health Plans, underwritten by national AM Best rated financial services companies, are flexible, cost saving alternatives for fully insured (and self-funded) employers with 5+ participating employees.
These plans allow employers the management advantages of self-funding while simultaneously providing a level monthly funding requirement - no cash calls. With this financing solution, smaller employers can feel comfortable leaving fully insured medical plans knowing their claim exposure can be capped. Futhermore, options like guaranteed renewals, "no-laser" contracts and guaranteed run-out protection eliminate surprises at renewal time.
The VoDES Health Plans bridge the risk perception of partial self-funding without making any additional administrative work for your time strapped HR/Finance Departments. Employers can now self-fund their benefit plan with all the confidence and comfort they have traditionally experienced by being fully insured.
FINALLY, smaller employers can get a receipt for their premium dollars spent.