Premium Saver Plan “ reduce the burden of group health premiums”

1. Richard M. O’Brien CFP®, CRPC®, Adam Pusateri , Eric M. O’Brien Mosaic Employee Benefits, LLCLincoln Financial Advisors7650 Rivers Edge Drive, Columbus, OH 43235eric@mosaicemployeebenefits.com614.431.4302 Premium Saver Plan “reduce the burden of group health premiums”

2. A simple concept to help trim down the cost of group medical insurance... • In tough economic times employers look to cut expenses • Health insurance premiums are on the rise and expected to double within the next 5 years* • Evaluating options to reduce the cost is a must • Decreasing benefits should not be the result • Keep the same benefits and lower your cost with Premium Saver • What is Premium Saver? *health reform cost details take from benefitspro.com

3. Premium Saver • Group supplemental medical insurance attached to a high deductible plan, designed to reduce the cost of group medical coverage • Effective with groups of 5 or more, employee’s will not see a change in benefits • Savings from the reduced premium are used to purchase the Premium Saver Plan Major Medical Plan – Raise in Deductible = Major Medical Plan – Reduced Rates

5. Example • In this example the deductible is raised • Adding premium saver as your supplemental insurance will cover the additional deductible expenses • Employee’s experience the same benefits • The Employer realizes savings from 8%-16% without decreasing the groups benefits. • Not often but in some cases the employer has saved up to 30%. • Combine the Premium Saver Rates (+) the Reduced Major Medical Rates = New Plan Savings

6. Facts • No employee or dependent will be declined for coverage • No waiting periods for pre-existing conditions • Same rates for all ages • Available with benefit levels of up to $9,500 • The benefits are assigned to the provider • For 11 years now, Premium Saver has helped employers reduce the cost of health insurance

7. Premium Saver vs. Existing Gap Coverage • Other Gap Coverage's: • Do not allow the benefits to be assigned by the provider • Include up to 20 medical exclusions where plans will not pay even though medical major does • If an employee’s dependent is disabled they are not covered • Have age-banded rates • Maximum benefits of up to $5000

8. Is Premium Saver for you? • Premium Saver works best with low deductible plans ($250-$1000) • Quotes take 2-3 business days • Information needed: • Name of Business • Nature of Business • Location and Phone Number • Current Rates • Renewal Rates • Plan Design Please contact Eric O’Brien to schedule an appointment: eric@mosaicemployeebenefits.com614.431.4302 :: Website Home Page ::