It's a Gravie Thing: Health Benefits You Can Love

Gravie | Pod People
It's a Gravie Thing: Health Benefits You Can Love

Health benefits can be a headache for both employers and employees, but it doesn't have to be that way. Gravie re-imagines employer-sponsored health benefits for small and midsize businesses, envisioning how self-funded plans can work for them and their employees. Through speaking with industry experts on subjects like medical debt and rising out-of-pocket costs, ICHRAs, and underwriting, Gravie Chief Brand Officer and host Jeff Smokler builds out a vision of a better health benefits plan. Because building health plans people love isn’t crazy. “It’s a Gravie Thing”. Gravie is a health benefits company, offering health plans that cover 100% of costs on most common healthcare services. We’re building a health plan everyone can love. www.gravie.com.

Episodes

  1. JUL 11

    Cost vs. Risk: Unlocking Level Funding for SMBs

    The question of how to fund a health plan can be a tricky one for employers. Options have historically been limited, with the only choice being self-funding or fully-funding. And for small and mid-size businesses who couldn’t afford the fully-funded route, that meant they really had no choice at all. But all that’s changing with the advent of level funding, a variation of self-funded health plans in which the employer and insurer share the risk, limiting their financial responsibility through stop-loss coverage. To get more insight on the level-funded model, Gravie Chief Marketing Officer and host Jeff Smokler sat down with Ben Simmons, Gravie’s Chief Strategy Officer, and Maggi Gentle, Vice President of Human Resources at Lumos Pharma. The three discussed how its financial advantages – paired with an emphasis on more flexible plan designs – are changing the benefits game for smaller employers and their employees. Episode Chapters (00:00) Introduction (02:46) What exactly is level funding? (08:15) Is level funding too good to be true? (12:03) How does level funding impact your out-of-pocket max? (16:37) How business size matters for your funding model (19:49) Breaking down the barrier to entry through education (23:26) What industries and states is level funding best for? (26:47) Level funding makes room for plan design innovation (32:44) The future of level funding (37:00) Upcoming innovations from Gravie

    42 min
4.3
out of 5
7 Ratings

About

Health benefits can be a headache for both employers and employees, but it doesn't have to be that way. Gravie re-imagines employer-sponsored health benefits for small and midsize businesses, envisioning how self-funded plans can work for them and their employees. Through speaking with industry experts on subjects like medical debt and rising out-of-pocket costs, ICHRAs, and underwriting, Gravie Chief Brand Officer and host Jeff Smokler builds out a vision of a better health benefits plan. Because building health plans people love isn’t crazy. “It’s a Gravie Thing”. Gravie is a health benefits company, offering health plans that cover 100% of costs on most common healthcare services. We’re building a health plan everyone can love. www.gravie.com.

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