plan documents

[Guest Aleister]

Could anybody recommend a company for producing plan documents for self-funded health plans? I know of Corbel, and am wondering if there are any other companies that produce plan documents, amendments, etc.

[mroberts]

Aleister:

I would assume you have a TPA if you have a self-funded plan. Wouldn't they be able to produce it? Additionally, a lot of times whoever the medical carrier's network you are using will produce one for you as well. There is of course a fee associated with that type of transaction, but as far as what it is depends on the complexity of your medical plan. Coming from MetLife, we charged $250 per hour in the creation of a plan document that was containing information not being insured by us. While this price was mainly a deterrant so we wouldn't have to do it, I wouldn't be surprised if someone preparing these would charge about $100 per hour.

Do you have a broker? Your local broker should know who to contact. If you want, feel free to email me and we can discuss. matt.roberts@bbinsurance.com