Insurance Solutions That Make Sense
Creative Health Solutions that Give you the Opportunity to Grow
Competitive Broker Compensation
Vault Innovative Solutions
Level-Funded
The Vault level-funded plans are a unique answer for employers trying to save money on the cost of group health insurance. A level-funded plan allows you to save money by paying for the cost of small claims with employer money, while providing you absolute financial protections from larger claims with stop loss insurance.
What sets the Vault level-funded plan apart?
- Unique plan options designed by Vault
- Receive 100% of the unused claims fund after the 9 month runout period
- Focus on specific individuals within specific demographic
Traditional Self-Funded
The Vault Captive Health Plan is not simply another insurance product, although insurance products are used. It is a multi-disciplinary, comprehensive and integrated health care strategy that provides employees and employers with improved health care coverage and benefits. By understanding insurance companies and how they price risks, the innovative design of Vault typically reduces health care benefit costs and with the use of the Captive we are able to stabilize rates from year to year.
Keys to Success
Vault Resources
Vault ensures all the materials and information you need will be at your fingertips. We have a material library with any documentation a group would need to be quoted including a census, health applications, waivers, and more. Within the material library, we also have the Vault RFP Guide. This details the many products that Vault has to offer and how to get a quote for each of them. Contacts for each department are also included in the RFP Guide. Lastly, the material library includes the link to our SBC library. This allows clients to have access to all of the Vault plan options.
Client Service Team
Vault has a dedicated client service team to help assist our clients throughout their plan year. Our team is focused on being responsive and keeping our clients updated. As we transition clients from sales to client services, we ensure they have all the information they need, including contacts for their Vault plan and representative. Vault provides each new group with a welcome letter containing all the information they will need. Vault is diligent that every request will be seen through to the end and that all questions will be answered along the way.
Quick Turnaround
At Vault, we know the importance of quotes being returned to the client as quickly as possible. No more than two business days after receiving the census, our team will be able to provide the group with preliminary rates. Once we receive the necessary documents, we will be able to provide underwritten rates in about ten business days. To help us achieve our quick turnaround goals, we staff up during the busiest times of the year to ensure that quotes are still being sent out in a timely manner.
Vault Resources
- Material library containing all necessary documentation
- Vault RFP Guide
- SBC library
- Contact Information
Client Services
- Dedicated Client Service team
- Responsive to client
- Updates until task is complete
- Welcome Letter including contacts
Quick Turnaround
- Two day turnaround for preliminary
- Ten day turnaround for underwritten rates
- Staff up in 4th Quarter to keep up with demand