Advantages of a HIF
In a HIF, members have the ability to control their own destiny.
Each public entity appoints a commissioner who participates in the management of the HIF.
| Advantages include: |
- Duplication of current coverage
|
- Freedom to amend plan design at any time
|
- Fund's customized plan designs which enhance the plans offered by the State Health Benefits Plan (SHBP)....for those agreements which have "equal to or better than" language.
|
- Reduce operating costs because of the group purchasing power of the Fund.
|
Services of a HIF
Administrative Assistance provided to each member by the local office of the Program Manager.
Personalized Customer Service for the employee provided by the local office of the Program Manager.
Global Health Industry and Consulting Services provided by Benefit Pathfinders Associates.
Through Benefit Pathfinders Associates, the employees participating
in the funds can be assured of personalized and knowledgable service.
Organization of a HIF
Board of Commissioners - Each member appoints a Commissioner.
Executive Committee - Appointed Commissioners elect Committee anually.
Fund Professionals - Report to the executive committe.
Program Manager - Benefit Pathfinders Associates, Inc.
Network - Selection of Preferred Providers (Facilities, Physicians, Health Service Providers, Pharmacies, etc.).
Third-Party Administrators - Specializing in Medical, Dental, Prescriptions and Vision.
|
