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Allstate Health Benefits

Program Overview:

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Health Benefit

Federated Auto Parts is excited to recommend the Insurance Benefits of Allstate via Lockton Affinity. The plans available for your business are flexible, customizable, and often more affordable than bigger plans.

Now, you can gain control of your healthcare expenses while providing quality benefits to your employees. By combining the cost savings of self-funding with the stability of more traditional plans, our Level-Funded Program gives you the simplicity and cost savings you’re looking for without the hassle of administering the program yourself. Our program gives your employees access to broad, national networks — like the Aetna®️ Signature Administrators PPO Network and the Cigna PPO Network — while providing quality health benefits to all of your group’s members.

Where do your dollars really go?

With fully insured health plans, all of your premium is paid to the insurance company. You don’t have any control over how that money is spent. You won’t see any of those premium dollars again, even in years when your group’s claims are less than expected.

Our Self-Funded Program is different. Some of your monthly payment is used to run the daily administration of your plan, but portions of it are also used to pay your stop-loss insurance premium and to build your claims account. In years when claims are lower than expected, a portion of the difference between your group’s anticipated and actual claims is credited back to you — and that adds up to significant savings.

How does it work?

We make it easy for you to put a self-funded health benefit plan to work for your business.

For your everyday convenience, this plan behaves just like a more traditional, fully insured health benefit plan. You provide your level, monthly payment, and we handle the details. The difference lies in where your premium dollars go. We manage your program to make sure you get the savings and simplicity you need by splitting your premium among the program’s three components.

Simple, Safe, Savings

One predictable monthly payment — Guaranteed not to increase for a full year. Hands-off administration — Plan administration is handled by our third party administrator, Allied Benefit Systems. You can rest assured knowing they are taking care of your group’s claims payments, accounting, customer service needs, and more.

Stop-loss Insurance — When your group has higher-than-expected claims, stop-loss kicks in to protect your finances and limit your financial exposure. Terminal Liability Coverage — Added protection for claims that come in for up to 24 months after the end of the plan year – included with most Core Value plan selections.

Core Value’s rates are often lower than self-funded plans with a network, and that helps you save on your monthly costs. The savings keep adding up! You may receive money back from your claims account in years when claims are lower than planned.

The coverage your employees need and expect. All employer-established health benefit plans meet the standards set by the Affordable Care Act. Preventive care coverage aligns with Affordable Care Act requirements and pays first-dollar benefits.

Self-funded program

Now, you can gain control of your health care expenses while providing quality benefits to your employees. By combining the cost savings of self-funding with the stability of more traditional plans, our Self-Funded Program gives you the simplicity and cost savings you’re looking for without the hassle of administering the program yourself.

Allstate Benefits is a national leader in the self-funded space. Our teams of experienced professionals are ready to provide you and your agent with:

  • Group market expertise
  • Immediate access to support
  • Quick resolution of issues
  • Hands-on help at time of reissue