Health

Collateral Benefits Group

Collateral Benefits Group has partnered with Symetra Life Insurance Company to provide ECHO members with solution strategies to help mitigate and better manage escalating health benefit program costs. Symetra Select Benefits is a customizable limited benefit medical policy that can be configured to coordinate with your major medical plan such that you can increase primary plan deductibles and co-pays but still shelter employees from unexpected and potentially high out-of-pocket costs. Collateral Benefits Group, working with your health plan consultant, can demonstrate how you can favorably impact your healthcare spending using Select Benefits.

10 Great Reasons to incorporate a Symetra Select
Benefits policy into your benefits strategy:

  1. Coordinating additional policy benefits with your primary health plan can bring cost savings to you and your employees.
  2. Your primary health plan network remains “the network.”
  3. Guaranteed issue, no medical underwriting.
  4. No preexisting condition limitations.
  5. First dollar benefits for covered care events.
  6. Fixed value benefits.
  7. You choose your level of contribution, from 0 to 100 percent.
  8. Benefits can be assigned to the provider or payable to the employee at the discretion of the employee.
  9. Prompt and exceptional claims service.
  10. Stable premiums year by year enabling a multi-year cost management strategy.