HealthSource RI’s Full Choice model gives small employers a new way to manage costs using a defined contribution model – while employees and their families have an unprecedented degree of freedom and choice – the future of healthcare is here today!

By establishing a contribution level (which can be tiered to suit your needs), you determine your healthcare budget and your employees choose the plan that meets their needs. Here are some of the benefits of full employee choice-

  • Select a plan and contribution level that best fits your budget
  • Get renewal rates up to a year in advance
  • Give employees their choice of all offered health plans so they can find the right coverage
  • Write one check
  • Give employees access to Contact Center support and resources
  • Focus on your business, not on health insurance

The following case study illustrates how Full Choice works:

Joe owns a manufacturing company in Providence. He selects a plan that costs $500/month per individual. He decides to contribute $325/month toward the individual premium.

Joe’s employees can either pick the coverage he selected or choose another health insurance plan, using Joe’s $325 contribution to help pay the monthly premium. If the plan they select is more expensive, the employees pay more out of their paychecks. If the plan is less expensive, the employees pay less.

Even better – Joe writes a single check to HealthSource RI and his employees can call our Contact Center if they have questions or need support.

You can enroll at any time of the year during your annual renewal period, or you can move to HealthSource RI at any time during the year.

For more information or to set up an in-person appointment, contact your broker, or call our Business Engagement Team at 1-855-683-6757.