Newsletter - April 2008

The Healthcare Industry Trends

Today consumers are demonstrating a higher demand for individual insurance products. This swing is due in part to the increase in rates for group health, placing higher financial burdens on companies that do offer these plans to their employees. To try and balance out costs, employers often reduce benefits or reduce their contribution to pay for health insurance.

Due to this trend, some of the healthiest employees are dropping out of the group plan, leaving a higher concentration of unhealthy employees on the plan. Additionally, employees are enrolling themselves in the company-offered group plans and purchasing individual policies for their dependents. When this happens to a company, their group rates typically go up; in result to the increased experience of providing care for the less-healthy employee pool.

According to Tod Zacharias, President of HumanaOne, "18 million Americans are covered by individual policies today, a number that will grow by 5% to 8% a year for the foreseeable future. By 2010, there might be 22 million to 24 million people covered individually."

Healthy employees have options, often leading them to alternative individual health plans. As the public becomes more educated about individual options, they realize that healthy people can purchase health insurance for themselves or for their families, often at a lower cost than what their company offers.

Solera Releases New Products 

In March Solera released two new group dental plans; Infinity Dental Plan (CarePOS for Groups) and the Triple Choice/Dual Option Dental Insurance Plan. The new plans offer options and flexibility to meet the needs of many employers.

Solera has again stayed with it's motto of, "Simplicity is Key!" and in keeping with that Solera has made the enrollment process as simple as possible for both you, the Solera Agent and your clients.

Learn more ...

Solera Infinity Dental Plan CarePOS for Groups

The group dental with No Limits! 

 No Limits on group size! 

No Limits on visits! 

No Limits on waiting periods! 

No Limits on pre-existing conditions!

Solera Triple Choice/Dual Option Plan 

Choices for Employer & Employees! 

Voluntary or employer paid! 

Plan Network is over 73,000! 

Take over for current plan! 

In-Network & out-of-Network options!