Welcome Wallace Electrician
* For Illustrative Purpose Only Not for Public
* For Illustrative Purpose Only Not for Public
DRIVE with a Purpose
DRIVE with a Purpose
for your consideration
Excellent Employee Healthcare
- More Affordable for Middle Income Families 20% – 50% Savings
- Flexible Open Network Including All Doctors and Hospitals Nationwide
- Transparent Medical Procedure Pricing Known in Advance
- Family Friendly with $1,000 Total out of pocket Maternity plan
- Robust for Major Medical events Additional Expenses
- Affordable 20% – 50% Savings
- Flexible Open Network
- Transparent Procedure Pricing
- Family Friendly
- Robust by Design
$2 Million Projected Annual Saving
American Healthcare Needs Innovation
Traditional Companies & Legacy Plans are Restrictive & Expensive
- Warren Buffett – American Healthcare is a Tapeworm
- 2023 Group Healthcare Premiums Soar
Old Way
vs
Innovative Way
Old Way vs Innovative Way
| Legacy Cigna Plan | MightyWELL Plan |
|---|---|
| Expensive | Affordable |
| Restrictive Network | Flexible Network |
| Hidden Costs | Transparent Cost |
| Controlled Access | Freedom of Choice |
| Heavy Regulation | Free Market |
MightyWELL CornerStones of Healthcare
HSA Preventative
Four Cornerstones of Innovative Design
HSA Preventative - Health Saving Account encourage Individual choice, control cost, efficient and tax savings too: 2023 contribution max single $3,850 and family $7,750
CarePlus - Self-Funded Plan designed for preexisting and immediate medical needs, best suited for employers with over 30 employees
Health Share - Nonprofit medical bill paying fund with Transparent Fast Pay for providers
Living Benefit - Plan option providing funds to pay for any expense when major medial events occur including non-medical
Compare Plans
| Cigna | MightyWELL | MightyWELL | |
|---|---|---|---|
| Plan Type | Self Funded | Self Funded | Health Share |
| Premium | $684 EE & $2,042 Family | $500 EE & $1,500 Family | $350 EE & $1,000 Family |
| Deductible | $1,500 | $5,000 | $1,000 |
| Coinsurance | 80% - 20% | 80% / 20% | 100% |
| Network | Cigna | All doctors nationwide | All doctors nationwide |
| Office Visit | $30 / $60 | HSA Self-Pay | HSA Self-Pay |
Illustrative Prelimenary Quote
| Class | Cigna | MightyWELL | Participants |
|---|---|---|---|
| Employee | $684 | $330 - $550 | 580 |
| Employee & Spouse | $532 | 25 | |
| Employee & Children | $1,700 | $500 - 1.2K | 25 |
| Family | $1K -$1.7K | 20 | |
| Total Annual | $5,000,000 | $3,000,000 | 650 |
Projected Annual Savings $2 Million
Healthcare Event Feb 2023
Service tech injured neck
Doctor & Facility Choice – Navicent Hospital, Macon, GA
Procedure Choice – Neck disc surgery
Transparent – Procedure originally priced at $90K, then properly repriced at $29,600
Affordable – Client out of pocket cost – $1,000
Amazing – Balance fully paid by Health Share within 30 days $28,600
How Excellent Healthcare works?
- Excellent Healthcare is Family Friendly
- Affordable for middle income families
- Patients & Doctors choose treatment course
- The Individual is Empowered as Payer
- Excellent Healthcare is Transparent
- Comprehensive for catastrophic events
Mandated ACA is Misguided and Unsustainable
Misguided Healthcare
- Lack of Choice
- Over Prescribed Medication
- Mandated Vaccines
- Mass Lockdowns
- Elective Abortions
- Transgender Surgeries
Unsustainable Cost
- Employee $8,400/yr
- Family $22,000/yr
- Annual 10%+ Increases
- Inflated Procedure Prices
- Lack of Price Transparency
Compare: Mandated ACA vs Personalized Healthcare
Client Financial Impact
| Expense | ACA | MightyWELL Plan |
|---|---|---|
| Premium | $7,400 | $4,216 |
| Deductible | $5,000 | $1,000 |
| Co-Pay | 80% / 20% | None |
| Procedure Price Quoted | $87,000 | $33,000 |
| Plan Benefit | ? hidden ? | $32,000 |
| Catastrophic Plan Benefit | $0 | $100,000 |
| Client Financial Impact | $13,900 out of pocket | $94,800 client's to keep |
MightyWELL Client Difference $108,700
Employees and their families enjoy the benefits of Excellent Healthcare
Laparoscopic Gallbladder Surgery Female Age 38
Transparent – Original Price $33,694 repriced at $9,500
Affordable – Procedure costs fully paid after $1,000 out of pocket cost
Doctor & Facility Choice – Piedmont Hospital Rockdale County, GA
Procedure Choice – Laparoscopic Gallbladder Removal