Experience the advantages of Array.
Array delivers many significant benefits to your company and employees. We help you to:
Control Costs
Finally you can predict the long-term costs of your health benefits. Your cost each year equals your annual employee allowance
times the number of employees enrolled in the plan. Array can be tailored to fit the budget of just about any company.
Free Your Company from Funding and Participation Requirements
Group medical insurance typically requires you to fund a percentage of benefit costs and that 75% of eligible employees
enroll. With Array, you decide your own costs. We have no participation requirements, making Array the perfect solution
for companies looking to simplify their benefits plan.
Gain Tax-Favored Treatment of Benefit Dollars
The money contributed to the plan and used by employees is tax deductible for the company. It’s not included in employee
compensation, so no payroll or income taxes are paid on it. Employees who choose to use their allowances for individual
health insurance can pay for individual health insurance premiums with tax-advantaged dollars.
Empower Employees with Choices
Your employees have the freedom to choose how to use their health benefits allowances. An employee can use it to fund an
individual health insurance policy or simply to pay for medical expenses as they are incurred. Or an employee covered by
a spouse’s health plan can use the allowance for claims the other plan doesn’t cover.
Put an End to Burdensome Annual Renewals
Unlike group medical insurance, Array does not have a burdensome annual renewal process. Employees are free to renew or
change their policies on their own, at any time, through their Array Portals. The only decision you need to make at renewal
time is whether you’d like to change your allowance for the next plan year. It’s that simple.
Ensure Federal Compliance
Array is fully compliant with ERISA, COBRA, HIPAA, and IRC Section 105. We know you don’t want to spend your time researching
compliance information and digging for the accompanying materials, so we make all the compliance documents available to
you on your Company Portal.
Increase the Number of Insured Employees
With group medical insurance, employees frequently are required to contribute a percentage of premium cost, often making it unaffordable
to them. Using Array, your employees can generally find an individual health insurance policy that costs less than your
monthly allowance. As a result, for many companies, more employees are able to have insurance.
Insure More Spouses and Children
Under traditional group medical insurance, many employees are unable to afford coverage for their family members—including
their children. Premiums for family coverage have increased by 97% since 2000, according to The Kaiser Family Foundation.
With Array, however, employees enjoy greater flexibility. Rather than offering your employees a generous health insurance
plan that leaves their children uninsured, you’re able to give employees an allowance that they can use select a policy
that covers every family member.
Traditional group medical insurance requires that companies do a great deal of work, from choosing a plan to managing costs.
We understand these burdens, so we’ve simplified the process to a single question: What can you afford?
Learn how Array has proven itself an effective solution in a variety of industries.
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